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6 Cards in this Set
- Front
- Back
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Resilience: |
The long-term capacity for a system to handle change and continue to function and develop |
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How does diversity build resilience? |
It minimizes risk (similar to diversifying your investment portfolio) |
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Give an example of too strong connections in society, causing less resiliency |
E.g. global monopoly or oligopoly where the global market are reliant on a few suppliers. |
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Complexity of systems entail the following points: |
Many subsystems interacting Causality Feedback loops Non-linearity Inertia Tipping point |
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Tipping point |
A critical threshold at which a small/even tiny perturbation can qualitatively alter the state or development of a system a limit that, if exceeded, will in all probability start processes that we cannot control |
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Inertia |
One example: it takes time to reach equilibrium temperaturefor a certain equilibrium concentration of greenhouse gases in the atmosphere. The delay is due to heat storage in the world's oceans, which causes a certain inertia in the climate system's response to emissions |
