Global North And South Flashcards
1
Q
Who coined the world systems theory
A
Immanuel Wallerstein
2
Q
- includes countries on North America, Europe, and parts of Asia
- Wealthier, industrialized economies
- strong political influence on global institutions
- high standard of living, better infrastructure, advanced technology
A
Global North
3
Q
- Comprises countries in Africa, Latin America and parts of Asia
- less developed economies, often reliant on agriculture or resource extraction
- lower incomes, widespread poverty, and higher inequality
- limited political influence and representation in global institutions
A
Global south
4
Q
Core vs semi-periphery vs periphery in World Systems Theory
A
Core - wealthier nation
Periphery - less developed countries
Semi-periphery - in between
5
Q
What is BRICS
A
Brazil, Russia, India, China, South Africa
6
Q
Has better Healthcare, education and infrastructure
A
Global North
7
Q
Challenges faced by BRICS
A
Internal inequality, political instability, and external pressures
