global north and south Flashcards
T/F globalization is an uneven process
SO TRUE
the world is divided into
North, South
formerly: first, second, third
it refers to interstate inequality and a product of western imagination
the socio-economic and political divide
global south
global south consists of
africa, latin america, asia, middle east
as state by claudio 2014, the global south
continues to be ______ and ______ by those who dominate it even as movements from below reshape these constructions through resistance
imagined, re-imagined
global south is the same as
third world
they refer to conditions usually found in developing countries
third world and global south
third world ceased to exist when the _______ ended
cold war
________ sustains consumer choice, private property, and economic freedon
capitalism
capitalist economies were considered
first world
____________ is characterized by state control of the means of production, distribution, and exchange
socialism
socialist economies were referred as
second world
those who didn’t belong to either capitalist and socialist economies belong to the
third world
third world lack the standard systems in…
banking, finance, and trade
the home of all members of the group of eight (G8)
global north