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)

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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)

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3
Q

-Regardless of similarities and differences, as long as everybody agrees for the
progress and preservation

A

Transformationalism (Third Way Theory)

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4
Q

Third World Countries

A

Developing Countries

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5
Q

-Middle Class
-Agricultural Resources

A

Transitional Countries

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6
Q

-Highly Industrialized
-Strong Military Forces and Wealthy

A

Developed Countries

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