1.3 Flashcards
Globalization
the expansion of economic, cultural, and political processes on a worldwide scale
Theory
a system of ideas intended to explain certain phenomena
world system theory
theory describing the spatial and functional relationships between countries in the world economy; categorizes countries as part of a hierarchy consisting of the core, periphery, and semi-periphery
core
classification of a country or region that has wealth, higher education levels, more advanced technologies, many resources, strong militaries, and powerful allies
Periphery
classification of a country or region that has less wealth, lower education levels, and less sophisticated technologies and also tends to have an unstable government and poor health systems
semi-periphery
classification of a country or region that has qualities of both core and peripheral areas and is often in the process of industrializing
Sustainable development
development that meets the needs of the present without compromising the ability of future generations to meet their own needs