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9 Cards in this Set
- Front
- Back
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Global stratification?
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patterns of social inequality in the world as a whole.
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high-income countries?
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the nations with the highest overall standards of living.
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middle-income countries?
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nations with a standard of living about average for the world as a whole.
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low-income countries?
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nations with a low standard of lining in which most people are poor.
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colonialism?
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the process by which some nations enrich themselves through political and economic control of other nations.
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neocolonialism?
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a new form of global power relationships that involves not direct political control but economic exploitation by multinational corporations.
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multinational corporation?
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a large business that operates in many countries.
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modernization theory?
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a model of economic and social development that explains global inequality in therms of technological and cultural differences between nations.
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dependency theory?
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a model of economic and social development that explains global inequality in terms of the historical exploitation of poor nations by rich ones.
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