Globalized economic development has resulted in increased polarization between the rich and poor on a global scale. This has increased vulnerability to disasters in some cases, whilst increasing exposure to hazards in others as more (and often more valuable) assets are developed in hazard-prone areas.
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Answer:
Globalized economic development has resulted in increased polarization between the rich and poor on a global scale. This has increased vulnerability to disasters in some cases, whilst increasing exposure to hazards in others as more (and often more valuable) assets are developed in hazard-prone areas.