The Global North and South Flashcards

1
Q

 Refers to countries that were colonized by the Spaniards in the American continent

A

Latin America

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2
Q

 This is when the newly discovered lands outside Europe divided into two
 the west belongs to the Crown of Castile (now part of Spain)
 the East belonging to the Portuguese Empire

A

West and East in 1494

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3
Q

 the Cold War between the US and USSR created a division between the capitalist/Democratic states and the communist states.

A

World Division during the Cold War

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4
Q

The capitalist communist was considered as the first world and communist economist was referred to as second world

A

First-world and Second World

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5
Q

 Encompasses all the industrialized democratic countries, which were assumed to be aligned with the United States in its struggle against the Soviet Union.

A

First World

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6
Q

 Was anchored on the industrialized communist realm of the Soviet Union and its eastern European Satellite, yet it often included poor communist states located elsewhere.

A

Second World

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6
Q

 this refers to countries that did not belong to either type of formal economy.
 defined as a non-aligned world as the global realm of poverty and under-development.

A

Third World

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7
Q

 Refers to developed societies of Europe and North America, which are characterized by established wealth, technological advancement, political stability, zero population growth, and dominance of world and politics

A

Global North

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8
Q

 Refers to the developing countries which represent mainly agrarian economies in Africa, India, Latin America, and others that are not as economically sound and politically stable.

A

Global South

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