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GLOBAL CONSUMPTION (DCs (changing food preferences (cereals consumption…
GLOBAL CONSUMPTION
DCs
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factors
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socio-cultural
food preferences: organic food no artificial inputs aware of perceived health benefits and avoidance of potentially harmful pesticides
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political
stability of food supply
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increasing food imports by government requires financial resources to cope with fluctuations and diplomacy to ensure a stable supply
civil war and natural disasters disruption to agricultural land, the government needs to divert resources to war/restoration efforts, locals' accessibility to food supply hampered #
food safety foodborne diseases caused by improper handling, transportation, or storage, government's responsibility
impacts
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economic
lower productivity lower income to individuals and may cost companies insurance costs with compensation claims
diversion of financial resources to healthcare reduces the funds remaining for economic development, slowing down economic growth of the country
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LDCs
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factors
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socio-cultural
food preferences: fast food globalisation has allowed fast food chains to set up in LDCs which is appealing due to their affordability and convenience
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population growth higher birth rates due to lack of education on family planning thus higher demand for food
political
stability of food supply
despite larger capacity to increase their agricultural land, lower ability due to lack of technology and finances (inaccessibility) to implement technology on a large scale, thus are less able to deal with fluctuations
civil war and natural disasters disruption to agricultural land, the government needs to divert resources to war/restoration efforts, locals' accessibility to food supply hampered
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food safety foodborne diseases caused by improper handling, transportation, or storage, government's responsibility
impacts
health: malnutrition from infancy impairs their immune system, making them vulnerable to diseases throughout life #
health: starvation with limited purchasing power, government's limited financial capacity
economic
lower productivity affects individual's incomes and country's economic development when people are absent from work
diversion of financial resources increased demand for healthcare services results in limited financial resources being diverted, slowing down the country's economic development
loss of educational opportunities for adolescents results in lowered literacy rates #
inability to intensify food production farmers may be unable to implement improvements by adopting new technologies eg. GMOs which increases crop yield #
long term debt from receiving food aid and financial aid, increasing LDCs dependency on DCs for food aid
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social
scavenging for food in garbage posing health risks #
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BRIC: Brazil Russia India China
countries whose economies are comparable to DCs but have other factors of LDCs