Resuming of the course

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INTRO Agenda 2030 and 17 SDGs. Goal 7: energy availability as a necessary precondition for human and social promotion However, it is not yet an opportunity for all. COVID-19 pandemic and the energy crises hampered the complexity of the energy challenge. Cooperation: relationship with others. History: From the 1500, with the start of the colonization, until the 1945, with the end of the WW2, the other was barely seen as a human being (no attention to other was paid), the history of slavery lasted until the start of 1900, so not so far from us. Only after the WW2, in 1945 the growing need of peace and prosperity shows as the social and economic growth in less developed areas is an essential factor for the overall development (blend between self-interest and compassion) and is a specific responsibility of the international community (to not let anyone behind). To meet the needs of peace and security. 1948: Universal Declaration of Human Rights Wealth and welfare: country resource consumptions have a direct proportinatility. GDP = C + I + G+ X - M : measure of national income/national output, national expenditure produce GNI: Gross National Income : sum of value added by resident produces and net receipts of primary income from abroad PPP: Purchasing power parity rate GNP: Gross national product: GDP+net property income from abroad Limitations of GDP as wellness indicator: no disparity in income between rich and poor, includes works that produces no net change or that results from repairing damage. İgnores externalities and black market. However, can be used as a rough indicator of economic situation of a country. GNI is used more. Economy paradoxes: -economy growth of global wealth -> led to increase in inequality -consumption increase, production increase, GDP increase…