Term
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Definition
| the state where one is barely able, or unable, to afford basic necessities |
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Definition
| the movement (flight) of capital from one nation to another, via jobs and resources |
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Definition
| a form of slavery in which one person owns another |
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Term
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Definition
| dominant capitalist countries |
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Term
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Definition
| the buildup of external debt, wherein countries borrow money from other nations to fund their expansion or growth goals |
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Term
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Definition
| the act of people pledging themselves as servants in exchange for money for passage, and are subsequently paid too little to regain their freedom |
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Term
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Definition
| the loss of industrial production, usually to peripheral and semi-peripheral nations where the costs are lower |
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Term
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Definition
| a theory which states that global inequity is due to the exploitation of peripheral and semi-peripheral nations by core nations |
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Definition
| a term from the Cold War era that is used to describe industrialized capitalist democracies |
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Term
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Definition
| a term that describes stigmatized minority groups who have no voice or representation on the world stage |
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Term
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Definition
| a measure of income inequality between countries using a 100-point scale, in which 1 represents complete equality and 100 represents the highest possible inequality |
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Term
| global feminization of poverty |
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Definition
| a pattern that occurs when women bear a disproportionate percentage of the burden of poverty |
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Term
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Definition
| the concentration of resources in core nations and in the hands of a wealthy minority |
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Term
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Definition
| the unequal distribution of resources between countries |
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Term
| gross national income (GNI) |
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Definition
| the income of a nation calculated based on goods and services produced, plus income earned by citizens and corporations headquartered in that country |
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Term
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Definition
| a theory that low-income countries can improve their global economic standing by industrialization of infrastructure and a shift in cultural attitudes towards work |
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Term
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Definition
| nations on the fringes of the global economy, dominated by core nations, with very little industrialization |
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Term
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Definition
| the state of poverty where one is unable to live the lifestyle of the average person in the country |
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Term
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Definition
| a term from the Cold War era that describes nations with moderate economies and standards of living |
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Term
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Definition
| in-between nations, not powerful enough to dictate policy but acting as a major source of raw materials and an expanding middle class marketplace |
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Term
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Definition
| a state of poverty composed of many dimensions, subjectively present when one’s actual income does not meet one’s expectations |
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Term
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Definition
| a term from the Cold War era that refers to poor, unindustrialized countries |
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Term
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Definition
| an unregulated economy of labor and goods that operates outside of governance, regulatory systems, or human protections |
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