EXAM 3 Flashcards
What is malthusian theory?
There are 3 factors that would control earth’s carrying capacity: war, famine, and disease.
What is the zero population theory?
Environment > Food Supply. This is environmental collapse with the goal of zero population growth.
What is the cornucopian theory?
Humans can overcome collapse.
What is the first stage of demographic transition?
U.S. in 1800’s: Birth rates, infant mortality & death rates increase while life expectancy decreases.
What is the second stage of demographic transition?
Industrializing: Birth rates & life expectancy increase while death rates and infant mortality decreases.
What is the third stage of demographic transition?
Thoroughly Industrialized: Birth rates & death rates decrease while life expectancy increases.
What is the fourth stage of demographic transition?
Post-industrial Population Stability: Birth rates & death rates decrease and life expectancy increases.
How was the worldwide division of labor illustrated in the film “The Global Assembly Line”? To what economic transformation is this tied?
People depend on the assembly line for work despite the harsh conditions.
What is emotional labor?
Is work specifically intended to produce a desired state of mind in a client and often involves putting on a false front before clients. Mostly in-person services.
What is Routine Production Services? (A job of the future)
Entails tasks that are done over and over, one step in a sequence of steps for producing finished products that are tradeable in world commerce.
What is In-person Services? (A job of the future)
Jobs that are simple and repetitive too but the services must be provided person to person. ( Ex: Restaurant serving staff, hotel workers, flight attendants, security guards, and physical therapists)
What is Symbolic Analytic Services? (A job of the future)
Are those that include “all the problem-solving, problem-identifying, and strategic brokering activities”. (Ex: Investment bankers, architectural consultants and systems analysts)
What is the Modernization theory?
Views the economic development of countries stemming from technological change
What is Dependency theory?
Holds that poverty is a direct result of their political and economic dependence on other nations
What are similarities between Modernization vs. Dependency theory?
They both underline that the relationships between developed and developing countries is unequal.
What are differences between Modernization vs. Dependency theory?
Modernization theory holds that increases in technology will increase wealth throughout the globe and low income nations can follow the path taken by wealthier, modernized nations. Dependency theory argues that some nations gained wealth at the expense of other nations, esp. through means of colonization.
What are Core Countries?
They have the most power in the world economic system. These countries control and profit the most from the world system.
What are Semi-peripheral Countries?
Semi-industrialized & represent the middle class. They play a middleman role and with further development they may become core countries.
What are Peripheral Countries?
Poor, largely agricultural countries. They are at the bottom of the world stratification system and often have important natural resources that are exploited by core countries. Exploitation keeps them from developing and perpetuates their poverty.
What are the different forms of capitalism?
Family, managerial, monopoly and global.
What is Family Capitalism?
Concentrated ownership & small businesses. They are geographically concentrated.
What is Managerial Capitalism?
Through growth of businesses, there is an increase in integration and accumulation.
What is Monopoly Capitalism?
Nation states matter and leads to anti-trust legislation. They need to promote consumption of the surplus.
What is Global Capitalism?
Diffusion of ownership, mobility of capital and labor, nation state boundaries are negligible and there is a disarticulation of workforce and consumers.