Exam 1 Flashcards
globalization
flow of goods, ideas, services globally
Feminism
female movement for gender equality
Sustainable development
Economic development of a country without depletion of natural resources
Modernization
Process of social change begun by industrialized
Class
Social rank
Capitalism
Economic system based on private ownership of capital
Patriarchy
Form of social structure where men dominate women
Colonialism
Control by one power over area or people
Imperialism
Policy extended for one to rule other foreign countries
Decolonialism
Economic, cultural, and psychological freedom
Paradigm
Description of interactions of humans within any society
Westernization
Certain people have to adopt western ideas, beliefs, and practices
Restructuring
Reorganization of company to achieve greater efficiency and adopt to free market
Financial crisis
Economic agents/government cant repay their debt
Economic development
Improvement of human living standards by economic growth
Empowerment
Act or action of someone or something being empowered
Efficiency
Using resources to maximize production of goods and services
Welfare
Well-being of society
Exploitation
Action or fact of treating someone unfairly to benefit from their work
Multilateral institutions
Many countries work together on issues of common objectives
Micro-enterprise
Business operating on a small scale
Socialism
System aim of creating a society where everyone has equal opportunity
Dependency theory
Economic growth and industrialization west is based on exploitation of the colonized
World system theory
World history and social change emphasizes world system as primary unit
Feminist political economy
Analyses the politics everyday life
Bretton wood
Monetary system that would ensure economic growth
Distanciation
Create an mental or emotional distance
Time-compression
Lessing time between production and exchange
Surplus value
Rich keep getting richer
Alienation
State or experience of being separated from group or society
Free market
Reduce role of government and favor private capital
Time
External parameter of social change
Advocates
Publicly supports a particular cause or policy
Practitioners
One who practices a profession
Scholar
Person specialized in branch of study
Cosmopolitanism
Global outlook due to increase of globalization
Deregulation
Reduction of government regulations in specific industry
WID
Adding women whose needs were not addressed prior to development process time
WAD
Making women roles and work visible and seeing their contribute to society
GAD
Addressing men and women position in society
Structural adjustment
Government spending cut too severely by programs
Neoliberalisms
Central goal of politics is lessing government interference in free market
Global crisis
Global situation with someone or something affected by one or more serious problem
