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Today in Human Geo we took a pop quiz at the start of class that was 15 points. There were 6 questions and I actually got them all right. Then we started talking about the pros and cons of globalization. Some of the pros are:

• globalization is the logical, "natural" expression of modern international capitalism 
• new wealth will "trickle down" from rich to poor (countries and individuals) 
• globalization will spread benefits of new ideas and technologies 
• the world's poor countries will catch up to the rich ones 
• each country can produce the goods for which it is best suited 

Some of the cons are: 

• the only ones who tend to benefit from it are the core countries, results in inequalities between "haves" and "have nots" 
• its just not working in the last 20 years, rich countries have gotten richer while the poor have become more impoverished 
• promotes free-market, export oriented economics at the expense of localized, sustainable economics
• not fair, 20% of the world's richest people consume 86% of the worlds's resource s
• economic system is very unstable; too easy for a crisis to escalate 

We also talked about Population and Settlement for a little too. We found out that 7 billion people live on this earth right now and that by the time we are 20 or so it should have increased by 1-2 billion. It's increasing by over 73 million per year. We also learned that 90% of the population growth takes place in the developing countries of Africa, South and East Asia, and Latin America.