Global Inequality Flashcards

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1
Q

What is the difference between social and global stratification?

A

social stratification = ranking of factors related to unequal distribution of wealth, power, prestige among individuals

Global stratification = unequal distribution among nations

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2
Q

What is the difference between income and wealth?

A

Income = money received for work or investments

Wealth = all of our material possessions including income

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3
Q

What is a quintile?

A

Households in Canada are divided into five groups called quintiles to measure wealth

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4
Q

What are the features of modernization theory?

A

Believes nations move through natural stages towards stability, capitalism, democracy.

Traditional
Industrialization
Maturity
Age of mass consumption

Low-income countries can improve through change of attitudes and industrialization

Ethnocentric

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5
Q

What is the World Systems Approach?

A

hierarchy created by power and colonialism that make some nations subordinate to others.

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6
Q

What is a core, semi-peripheral, and peripheral nation?

A

Core = dominant, highly industrialized, technological

Semi- peripheral = in-between, not powerful enough to dictate policies, used as a source of raw materials, may exploit peripheral nations

Peripheral = low-income, resources exploited, industrialization controlled by core nations, unstable governments

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7
Q

What is capital flight and how does it affect deindustrialization?

A

Capital flight is the movement of manufacturing or services from one nation to another resulting in the lose of jobs.

Causing deindustrialization when no companies move in to fill gaps

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8
Q

What is the difference between absolute, transitional, marginal, residual, and relative poverty?

A
Absolute = cannot afford minimal standard of living
Transitional = temporary poverty caused by loss of job
Marginal = lack of stable employment
Residual = chronic and generational poverty
Relative = can afford basic needs but don't meet average standard of living
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9
Q

What three factors determine the impact of poverty?

A

Depth
Breadth
Duration

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10
Q

What is dependence theory?

A

Inequality caused by core nations exploiting others, causing a cycle of dependency; as long as this is the case low-income nations can never achieve economic growth

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11
Q

What is the focus of globalization theory?

A

The flow of capital between countries in an interconnected world

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12
Q

What is the difference between the upper middle class and middle class?

A

Upper middle class = very comfortable, high paying occupations, not elite, well educated

Middle class = skilled workers, some occupational prestige, if two parents both must work, have some education, moderate incomes

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13
Q

What is the difference between working class and lower class?

A

Working class = manual labour, high school diploma, lack formal education, paid hourly

Lower class = living in poverty

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14
Q

What is the urban underclass?

A

Living in disadvantaged neighbourhoods characterized by poverty, unemployment, family disruption

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15
Q

What is the difference between horizontal and vertical mobility?

A
Horizontal = movement within same social class
Vertical = movement between social classes
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16
Q

What is the difference between intragenerational and intergenerational mobility?

A
Intragenerational = change in social standing
Intergenerational = families moving between social classes
17
Q

What is structural mobility?

A

Large scale factors affect social class of many, like a recession

18
Q

How do structural functionalists view inequality?

A

Meritocracy.

Social status based on ability, there will always be inequality because individuals have different skills

Society rewards those who take on tougher jobs

19
Q

How do conflict theorists view inequality?

A

Limited resources to around, struggle to attain them

inequality not inevitable, wealthy try to keep their wealth

20
Q

How do symbolic interactionist view inequality?

A

Look at how individual view inequality, whether they have a perception of social status

Higher our SES less we believe social class matters

21
Q

How do feminists view inequality?

A

Feminization of poverty

Hard for women to earn the same as men

22
Q

What social policies in Canada are working?

A

Working income tax benefit
National Child Benefit
Old age security

23
Q

What are the trends of wealth in Canada? (5)

A
Men wealthy then women
Those will older head of house wealthier
Wealth declines at 65
Single individuals have less wealth
Wealth inequality has increased over time
24
Q

What is the sedimentation of global inequality?

A

Once poverty in entrenched in an area it is hard to reverse