VII- GLOBAL NORTH AND SOUTH DIVIDE Flashcards
this is a term used to refer to the world’s wealthy,
industrialized countries located primarily in the
Northern Hemisphere
global north
give examples of countries in the global north (jsustcisun)
japan
south korea
usa
singapore
taiwan
canada
italy
spain
united kingdom
norway
this is a term used to designate the less-developed
countries located primarily in the Southern
Hemisphere.
global south
a Cold War term to describe the developing
countries of Africa, Asia, and Latin America
third world
give examples of third world countries (pimti)
philippines
indonesia
malaysia
thailand
india
these are the relatively wealthy industrialized countries that share a commitment to varying forms of democratic political institutions and
developed market economies
first world
give examples of first world countries (anucj)
australia
new zealand
usa
canada
japan
during the Cold War, the group of countries, including the Soviet Union and its then Eastern European allies, that shared a commitment to centrally planned
economies
second world
give examples of second world countries (based sa ppt)
china
mongolia
russia
kazakhstan
ukraine
the rule of a region by external sovereign power
colonialism
the achievement of independence by countries that were once colonies of other states
decolonization
an economic strategy of accumulating state wealth and power by using governmental regulation to encourage exports and curtail imports
mercantilism
a body of thought emphasizing free markets with little governmental regulation
Laissez-faire economics
this is the area dominated by a great power
sphere of influence
the doctrine that people should be able to determine the government that will manage their affairs
Self-determination