Chapter 9 Flashcards

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1
Q

Colonialism

A

System by which Western nations become wealthy by taking raw materials from other societies and ribbon profits from products finish in the homeland

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2
Q

Terrorism

A

The unlawful use of force or violence against people or property to intimate or state governments or population furtherance of political or social objectives

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3
Q

Semiperipheral countries

A

Semi industrialized countries that represent a kind of middle class within the world system.

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4
Q

Multinational corporations

A

Corporations that conduct business across national borders.

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5
Q

World cities

A

Cities that are closely linked through the system of international commerce.

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6
Q

Gross national income (GNI)

A

The total output of goods and services produced by residents of a country each year plus income from nonresident sources, divided by the size of population.

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7
Q

Commodity chain

A

The network of production and labor processes by which a product becomes finished commodity. Following the commodity chain, it is evident which countries can profits and which ones are being exploited.

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8
Q

Multidimensional poverty index

A

Measure of poverty that accounts for health education and standard of living.

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9
Q

Extreme poverty

A

Situation in which people live on less than two and 275 a year and 1.25 a day

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10
Q

Global stratification

A

The systematic inequalities between and among different groups within nations a result from differences in wealth, power, prestige of different societies relative to their position in the international economy.

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11
Q

Power

A

A person or group’s ability to assess influence and control over others

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12
Q

Neocolonialism

A

A form of control of poor countries by rich countries, but without direct political or military involvement.

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13
Q

Relative poverty

A

The definition of poverty that is sent in comparison to a set standard.

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14
Q

World systems theory

A

Theory that capitalism is a single world economy and that there is a worldwide system of unequal political and economic relationships the benefits the technological advance countries at the expense of less technologically advanced.

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15
Q

Global outsourcing

A

Process by which stores are located overseas even while supporting US-based businesses.

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16
Q

Dependency theory

A

The global theory maintaining that industrialized nations hold less industrialized nations in a dependent, exploitative, relationship that benefits the industrialized nations at the expense of the less industrialized ones.

17
Q

International division of labor

A

System of labor whereby products are produced globally, while profits accrue only to a few.

18
Q

Gini coefficient

A

Measure of income distribution within a given population.

19
Q

Newly industrializing countries (NICs)

A

Countries that have shown rapid growth emerged as developed countries.

20
Q

Peripheral countries

A

Poor countries, largly agricultural, having little power or influence in the world system.

21
Q

Modernization theory

A

A view of globalization in which global developments is a worldwide process affecting nearly all societies that have been touched by technological change.

22
Q

Absolute poverty

A

A situation in which individuals live on less than 365 dollars a year or a dollar a day.

23
Q

Core countries

A

Within world systems theory, those measures that are more technologically advanced.