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Definition
| When a foreign power maintains political, social, economic and cultural domination over a people for an extended time. Rule by outsiders. |
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| Continued dependence on former colonial masters due to the inability to develop their own industry and technology. Dependence might be in the form of investment capitol, managerial or technical expertise. |
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| Wallerstein - conflict theorist study of of global economic system as being divided between nations that control wealth and nations from which resources are taken. |
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Definition
| Countries: US, Canada, France, Germany, Japan, UK (partial listing of countries) who have: 1. advanced economies 2. technology 3. prosperity 4. peace |
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| World systems - Semi-periphery |
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Definition
| China, India, Ireland, Mexico, Pakistan, Panama, who have: 1.Industry and manufacturing, 2.government grid making most economic decisions, 3.highly mixed production, 4. economic development investment by multinationals. |
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| World systems - Periphery |
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Definition
| Afghanistan, Bolivia, Chad, Dominican Republic, Egypt, Haiti, Philippines, Vietnam who have: 1. Extreme poverty, 2. high insecurity, 3. war is the norm, 4. underdeveloped technologies. |
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| Dependency Theory - Conflict |
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Definition
| Wallerstein's: Even as developing countries make economic advances, they remain weak and subservient to core nations and corporations in intertwined global economy. |
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| The worldwide integration of government policies, cultures, social movements, and financial markets through trade and the exchange of ideas. |
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| Multinational Corporations |
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Definition
| Commercial organizations that are headquartered in one country but do business throughout the world. |
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| Multinational Corporations - varying views |
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Definition
| 1. Functionalist: MC can actually help developing nations of the world by bringing jobs and industry. 2. Conflict: MC exploit local workers to maximize profits, i.e. Starbucks farmer working 1 week to afford to buy 1 pound of sb beans. |
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| The value of a nations goods and services. |
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| Far-reaching process by which periphery nations move from traditional or less developed institutions to those characteristic of more developed societies. |
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| Modernization Theory - Functionalist |
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Definition
| Functionalist approach that proposes that modernization and development will gradually improve the lives of people in developing nations. |
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| United Nations Millennium Project |
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Definition
| Goal to cut world poverty in 1/2 by 2015 has 8 objectives. Eradicate extreme poverty, achieve universal primary education, promote gender equality, reduce child mortality, improve maternal health, combat HIV/Aids, ensure environmental sustainability, |
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| Stratification within Nations, Comparative perspective |
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Definition
| At the same time that the gap between rich and poor nations is widening, so too is the gap between rich and poor citizens within nations. |
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Definition
| Mobility in industrial nations and mobility in developing nations is being studied. |
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| Ares of common culture along the border between countries. |
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| Money sent from Mexican workers in the US back to family in Mexico, estimated to be 24 billion dollars per year. |
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| Universal moral rights possessed by all people because they are human. |
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| Global Divide - Teacher notes |
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Definition
| World inequality is significant. The current level of world inequalities is a historical new phenomenon. |
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| Distribution of Wealth - Teachers notes |
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Definition
| In more than 26 countries, the most affluent 10 percent of the population receives at least 40 percent of all income. |
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| Distribution of Wealth - Exploitation |
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Definition
| Women in developing countries are the most exploited. |
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| Case Study Stratification in Mexico - Teachers notes |
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Definition
A. Race relations: the color hierarchy, Mexico's Indians are subordinate and full blooded Mexican Indians are at the bottom of the economy. B. Women hold lowest paying jobs, hold fewest legislature jobs and even when working find it hard to get credit. C. Borderland areas share culture. Day laborers cross border daily to work in the US. Foreign based companies are exempt from Mexican taxes and do not pay benefits. |
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Definition
| Factories throughout the developing world that are run by multinational companies. |
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