Sociology Ch 9

Front 1

Nations are ranked in a hierarchy on the basis of their access to the world's wealth, power, and prestige

Back 1

Global stratification system

Front 2

Nations with advanced industrial economies and high living standards

Back 2

High income nations

Front 3

Nations that are newly industrialized and have moderate wealth and living standards

Back 3

Middle income nations

Front 4

Nations that are poor, agrarian, and benefit least from their participation in the global economy

Back 4

Low income nations

Front 5

When people lack food and other basic necessities of life

Back 5

Absolute poverty

Front 6

Recognizes global development as a process in which advanced industrial nations and technology help poor nations advance

Back 6

Modernization theory

Front 7

An economic and political system in which powerful nations dominate and exploit weaker ones in trade and other relations

Back 7

Colonialism

Front 8

Maintains that rich industrialized nations keep their poor countries from advancing through various dependency relationships

Back 8

Dependency theory

Front 9

Maintains that all nations are part of a worldwide division of labor

Back 9

World system theory

Front 10

Corporations that own companies and search for profits all over the globe

Back 10

Transnational corporations

Front 11

when an industrialized nation perpetuates former colonial patterns by purchasing raw materials-coffee, sugar, and minerals-at the lowest possible prices and then processing them at home and selling the finished products back to developing nations at many times the cost of the agricultural produce or raw materials

Back 11

trade dependency

Front 12

corporations establish factories in the southern hemisphere to take advantage of cheap labor, gain access to local markets, gain tax advantages, and circumvent environmental and other government regulations in their home countries

Back 12

industrial dependency

Front 13

over 1/2 of the world bank's lending capital is supplied by a handful of major industrial and postindustrial nations; these measures have retarded development and been inconvenient for the rich; devaststaing impact on the poor, producing poverty and periods of starvation

Back 13

investment dependency

Front 14

highly industrialized nations that are headquarters for teh world's major corporations and banks

Back 14

core nations

Front 15

nations that are moving toward industrialization and a diversified economy have mid-level participation in the world economy

Back 15

semiperiphery nations

Front 16

at the very edge of teh world economy because they have very little to offer it; they get the least

Back 16

periphery nations

Front 17

annual box office receipts of american movies

Back 17

50-70%

Front 18

internet access
by the 21st century, _____% of the world's population had internet access, but more than _____% of the online population was in north america.

Back 18

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