What are the 5 natural resources found in Latin America?
Oil, coal, natural gas, uranium, and hydroelectric power are all plentiful in Latin America.
What is inequality of resources?
In intergroup resource allocations, when resources are unequal between certain groups (e.g., between Asian and White men or between two minimal groups), children allocate more resources to members of advantaged groups and perpetuate intergroup inequality (Olson et al., 2011; Elenbaas and Killen, 2016).
Which country is the most unequal in Latin America?
Brazil
Based on the degree of inequality in wealth distribution measured by the Gini coefficient, Brazil was the most unequal country in Latin America as of 2018. Brazil’s Gini coefficient amounted to 53.9, followed by Honduras with 52.1.
Does Latin America have natural resources?
Latin America is particularly vulnerable to the impacts of climate change as it is a region rich in natural resources. It houses 25 percent of the Earth’s forests and arable land, as well as more than 30 percent of the world’s water resources.
What natural resource of Latin America did the first European explorers most desire?
Inspired by tales of rivers of gold and timid, malleable native peoples, later Spanish explorers were relentless in their quest for land and gold.
How minerals are distributed in South America?
South America is generally deficient in nickel, chromite (chromium ore), and cobalt, although small quantities of all these minerals are found along with other industrial trace minerals in the central Andes of Peru, in several areas of eastern Brazil, and in the central and northern Argentine Andes.
What refers to the unequal distribution of resources among nations?
While stratification in the United States refers to the unequal distribution of resources among individuals, global stratification refers to this unequal distribution among nations. There are two dimensions to this stratification: gaps between nations and gaps within nations.
What is unequal distribution of wealth?
Income inequality is how unevenly income is distributed throughout a population. The less equal the distribution, the higher income inequality is. Income inequality is often accompanied by wealth inequality, which is the uneven distribution of wealth.
What is inequality in Latin America?
In Latin America, the richest 10% of people capture 54% of the national income, making it one of the most unequal regions in the world. But the ability of states to redistribute taxes or facilitate consumption amongst low-income groups may not be enough to sustainably reduce income inequality.
Why do some Latin American countries not share the same wealth as others?
Because inequality in gender and location are near universal, race and ethnicity play a larger, more integral role in the unequal discriminatory practices in Latin America. These differences have a strong impact on the distribution of income, capital and political standing.
What resources does Latin America export?
The main exports from Latin America are agricultural products and natural resources such as copper, iron, and petroleum.
How did Spanish and Portuguese exploration differ?
While the Portuguese remained focused on the establishment of trading networks, only turning to full colonization later, Spanish discoveries of established empires in North and South America led them to explore and subsequently expand their own empire with the intention of growing wealthier and spreading Catholicism.
How much gold did the Spanish take from the New World?
181 tons
Between 1500 and 1650, the Spanish imported 181 tons of gold and 16,000 tons of silver from the New World. In today’s money, that much gold would be worth nearly $4 billion, and the silver would be worth over $7 billion.
What are the minerals found in Latin America?
The region contains important resources of copper, gold, silver, nickel, cobalt, iron, niobium, aluminum, zinc, lead, tin, lithium, chromium, and other metals. For example, Chile is the world’s largest copper producer and the second largest lithium producer.
What does inequality mean in geography?
Inequality in geography refers to the idea that different people experience different standards of living.
What is socioeconomic inequality?
Economic inequality is the unequal distribution of income and opportunity between different groups in society. It is a concern in almost all countries around the world and often people are trapped in poverty with little chance to climb up the social ladder.
What is uneven distribution of resources?
Resources are distributed in different ways and in different amounts throughout the world. Often the result of past geologic processes such as volcanic activity or tectonic movement, this unequal distribution means that various quantities of certain resources are only available to some people.
What is inequitable distribution?
Unequal distribution of the means of subsistence. Unequal distribution of benefits. The unequal ownership of wealth – houses, real estate, stocks, bonds and personal possessions – remains marked, in spite of relaxation of traditional class and cultural barriers.
What do you mean by resource distribution?
Resource distribution refers to the geographic occurrence or spatial arrangement of resources on earth. In other words, where resources are located. Any particular place may be rich in the resources people desire and poor in others.
How are resources distributed in the world?
How Are Resources Distributed? Resources are distributed in different ways and in different amounts throughout the world. Often the result of past geologic processes such as volcanic activity or tectonic movement, this unequal distribution means that various quantities of certain resources are only available to some people.
What does unequal distribution of resources mean?
Often the result of past geologic processes such as volcanic activity or tectonic movement, this unequal distribution means that various quantities of certain resources are only available to some people. Help students understand the concept of unequal distribution by examining the following maps.
What are the consequences of uneven resource distribution?
As a result, resources are distributed unevenly across the globe. What Are The Consequences of Uneven Resource Distribution? Human settlement and population distribution. People tend to settle and cluster in places that have the resources they need to survive and thrive.