Chapter 2 Flashcards
1
Q
-Process by which capitalist world system spreads across the entire globe.
-Making the world unified, one community
A
Hyper globalization (World Economy Theory)
2
Q
-Disagree with hyperglobalization, believed that as long as there are difference we can never unify them.
-The only way we can unify is if we have lots of similarities”
A
Scepticism (Regional Bloc Theory)
3
Q
-Regardless of similarities and differences, as long as everybody agrees for the
progress and preservation
A
Transformationalism (Third Way Theory)
4
Q
Third World Countries
A
Developing Countries
5
Q
-Middle Class
-Agricultural Resources
A
Transitional Countries
6
Q
-Highly Industrialized
-Strong Military Forces and Wealthy
A
Developed Countries