Chapter 9: Global Inequality Flashcards
Mobility in Developing Nations
Mobility patterns in industrialized countries are usually associated with both intergenerational and intragenerational mobility. However, in developing nations, macro-level social and economic changes often overshadow micro-level movement from one occupation to another. For example, there is typically a substantial wage differential between rural and urban areas, which leads to high levels of migration to the cities. Yet the urban industrial sectors of developing countries generally cannot provide sufficient employment for all those seeking work.
Globalization
The worldwide integration of government policies, cultures, social movements, and financial markets through trade and the exchange of ideas.
Dependency theory
An approach that contends that industrialized nations continue to exploit developing countries for their own gain.
Modernization
The far-reaching process through which periphery nations move from traditional or less developed institutions to those characteristic of more developed societies.
Modernization theory
A functionalist approach that proposes that modernization and development will gradually improve the lives of people in developing nations.
Neocolonialism
Continuing dependence of former colonies on foreign countries.
Colonialism
The maintenance of political, social, economic, and cultural domination over a people by a foreign power for an extended period.
World systems analysis
The global economy as an interdependent system of economically and politically unequal nations.
Corporate welfare
Tax breaks, bailouts, direct payments, and grants that the government gives to corporations.