3.7

Question 1

what do globalists believe?

Answer 1

flows of commodities and capital have been facilitated and created greater opportunities for the world’s poor and a ‘spreading of the wealth’

Question 2

what do anti-globalists believe?

Answer 2

the tendency towards capitalism rather than socialism and ‘western’ habits of consumerism has, in fact led to a widening of the difference between the rich and poor of the world

Question 3

what has globalisation increased?

Answer 3

global capital at a rate greater than population growth- more money to go around

Question 4

what did Wallerstein suggest about globalisation?

Answer 4

‘word systems theory’ in 1970
-core countries drive and benefit greatly form global processes
-peripheral countries have little influence and serve the semi-periphery and core (benefiting the least form global processes)

Question 5

what is GDP

Answer 5

gross domestic product is a measure of a country’s income from the sale of goods and services

Question 6

give different ways of measuring development

Answer 6

GDP per capita
employment structure
human development index
gender inequality index
environmental quality

Question 7

what does the HDI consist of

Answer 7

education (literacy rates)
health (life expectancy)
wealth (GDP)
- scored from 0-1

Question 8

give an example of an area with income inequality

Answer 8

sub-saharan africa is a detached economy
-unequal spread of wealth

Question 9

what is the gini index?

Answer 9

it measures the inequality of wealth distribution
-shows a value between 0 and 100
0= equality
100= inequality

Question 10

what is the gini coefficient?

Answer 10

it is shown as a value between 0 and q
(index divided by 100)

Question 11

what is a lorenz curve?

Answer 11

used to compare income inequality within countries, it is useful to show the differences