SOCA03Y3 Lecture Notes - Lecture 20: Neoliberalism, Periphery Countries, Ethnocentrism
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SOCA03Y3 Full Course Notes
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16th century = market- based economic systems. Access to products and ideas they did not know existed in the world. More desire for objects, to learn more about other cultures. Colonization of the americas, africa and asia. Much more ability to communicate long distances and travel quickly and more affordably. Embody the entire world, the patterns between different countries. Countries like canada, highly developed, with lots of resources, fairly wealthy with lots of infrastructure. Command economy: state manages the production and distribution of goods (e. g. , Poorer countries, lack of infrastructure , other end of the spectrum. Western europe, canada, u. s. , australia and japan. Countries considered in the global north even if they might not be in the north. Democratic and technologically advanced, high standard of living, well-educated, access to health care and clean water, stable political structures. Lack financial, industrial and technological infrastructure necessary to develop their own competitive economies.
