Dependency Flashcards
What did Frank state (dependency world)?
Lack of development is due to the policies of western nations that constrain LEDC’s into a cycle of dependency
What are the LEDC’s and MEDC’s known as (dependency world)?
Core and peripheral nations
What is the resource course? (Dependency world)
LEDC’s economy is dependent on exploiting raw materials for minimum value or their economic market will crash
How did MEDC’s previously take over a country (dependency world)?
Colonialism
Example of the most poor, yet most resource rich country? (Dependency world)
Democratic republic of the Congo
Who believes in false needs (dependency world)?
Illich
Who devised dependency theory? (Dependency world)
Frank
What are false needs? (Dependency world)
TNCs crest a fake market for goods that are ‘vital’ e.g tabacco in Kenya
Who suggests a semi-peripheral country? (Dependency world)
Wallerstein
What’s an example of a semi-peripheral country? (Dependency world)
Mexico
How did the core keep Kenya poor? (Dependency world)
Asked for a loan from the IMF under the terms that Kenya cut tariffs and quotas
What’s a quota? (Dependency world)
Value of items being capped
What’s a tariff? (Dependency world)
Tax
What did Pilger state (dependency world)?
Development of capitalism is an extension of the exploitive relationship
What does Hayter argue? (Dependency world)
It is actually a paradox to have access to raw materials as they tend to be the most poverished
