Chapter 10 Flashcards

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0
Q

Core nations

A

Capitalist, industrialized, technological, urbanized. NAFTA leverage

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1
Q

Global stratification

A

Unequal distribution among nations

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2
Q

Peripheral nations

A

Little industrialization but have means of production. Unstable gov and social programs. Where clothes are mad, Guatemala, Colombia

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3
Q

Semi- peripheral nations

A

Act as source for raw materials for core nations. Mexico

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4
Q

Gross national income

A

All goods and services and met invoke outside of country in US dollars

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5
Q

Capital flight and deindustrialization

A

Movement of capital from one area to another. Deindustrialization comes as a result

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6
Q

Middle income

A

Biggest problem is debt accumulation

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7
Q

Low income

A

Global feminization

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8
Q

Relative poverty

A

Can afford necessities but don’t meet standard of living. Joneses

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9
Q

Absolute poverty

A

Lack basic necessities. Less than a dollar a day

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10
Q

Subjective poverty

A

Income doesn’t meet expectations. How you see yourself

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11
Q

Impoverished

A

Asia, Africa, Latin America. All former colonies

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12
Q

Modernization theory

A

Low income countries can improve by; adjusting cultural values towards work and industrialization. Bias: assumes everyone had same resources

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13
Q

Dependency theory

A

Caused by core nations exploiting peripheral

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14
Q

A functional theorist note wealthy corporations improve the quality of life by providing them with

A

Jobs

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15
Q

Slavery in pre-civil war was

A

Chattel slavery