Globalization and Environmental sociology Flashcards
the political, economic, and cultural domination of countries in Asia, Africa, and the Americans by European countries starting in the sixteenth century
colonization
an economy in which the state rather than market forces, manages the production and distribution of goods
command economy
wealthy, industrialized countries
developed countries
countries that have yet to industrialize or that have been intentionally restricted in their development by developed nations
underdeveloped countries
countries considered to be on the road to industrialization
developing countries
wealthy industrialized countries in the northern hemisphere (previously referred to as the Frist World)
Global North
poor countries in the southern hemisphere (previously referred to as the Third World)
Global South
poor countries that are beginning to industrialize
newly industrialized countries (NICs)
the total market value of all final goods and services produced in a country in a given year
gross domestic product (GDP)
a large company based in one country with overseas operations in two or more other countries
transnational corporation (TNC)
political and social domination of bourgeois class in capitalist society, expressed not only in ideologies but in all realms of culture and social organization
hegemony
wealthy countries with developed economies
core
poor countries that are exploited for their raw materials by core countries
periphery
peripheral countries moving toward becoming core, or core countries in decline
semi-periphery
to incorporate new cultural values and messages into the local culture
indigenize