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Global Climate Change

Decent Essays

1. More from less
The Earth has defined quantity of all the natural supplies to offer. The demand is going up and the supply is going down. Mankind needs these resources as their lifestyle is habituated with it. Despite of the alarming situation, the mankind has a unique way of adapting itself with any situation. This mega trend will explore how the companies or the government will take help of the remaining resources and produce some new ways providing the same lifestyle.
Issues:
According to global demographic models, by the year 2043 there will be 9 billion people (UNESA, 2012) and that will place a pressure on limited resources. Because of the growing economic growth rate, there will be increasing demand from the rising middle class …show more content…

3. The silk way
India and China are the two new powerhouses of the world economy. The centre of gravity of the world economy is the geographical hotspot which is forecasted to shift to a location firmly between India and China by 2030. The nature of imports is likely to shift away from low value goods towards high value add goods such as cars, technology and office equipments. Chinese demand for steel is expected to grow, this means that China may be moving beyond the era of speedy industrialization and into a more service-oriented phase. The industrialization in India has just started and would take twenty years of growth at 15 percent per year for India’s refined metal consumption to overtake china’s ongoing level of consumption (World Bank, 2012).

4. Forever young
The ageing population may be considered as blessing to the economy. They have wide knowledge and experience which might get exploited.
Issues:
Lifestyle based illnesses all over the world are on the rise. Deaths from non-communicable diseases will increase. Deaths from car accidents will also go up. It also predicts that tobacco related deaths will also increase. A study by Deloitte Access Economics forecasts an increase in the number of obese persons in Australia from 3.7 million in 2008 to between 4.7 to 7.5 million by 2028 (Access Economics, 2006). Because of this people are taking their health into priority and investing on fitness. The health care has also become

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