Lesson 3 - Global Patterns

Question 1

Rough explanation communism

Answer 1

One party state
State allocates resources + dictates production
Equal, classless society

Question 2

Rough explanation capitalism

Answer 2

Democratic electoral system
Private ownership of assets
Societal divisions by class, wealth etc

Question 3

What is colonialism?

Answer 3

Direct control of other nations in the interest of colonial power
Imposes strict military + political control

Question 4

What is neocolonialism?

Answer 4

Form of indirect control over developing/emerging states
Overseas economic imperialism

Question 5

How is neocolonial power usually exercised?

Answer 5

Aid
TNCs/FDI
Terms of Trade
Global Finance/Debt

Question 6

How was power exercised in the post colonial era?

Answer 6

Economic - IMF, WB etc
Political - Ideological disputes
Cultural - Westernisation
Military - Independence, civil wars

Question 7

Why did the Soviets lose the Cold War?

Answer 7

Shite economy
Lost the arms race
Cost of proxy wars
Invaded Afghanistan