SOC101Y1 Lecture Notes - Lecture 16: Dependency Theory, Neocolonialism, Digital Divide
Document Summary
Wealth is all the economic possessions of an individual. Modernization theory lack of: global inequality results from inadequacies in poor societies themselves, including capital, western business techniques stable governments a western mentality emphasizing savings, investment, innovation, education, high achievement, and self-control in having children. For 250 years, the most powerful countries in the world have impoverished the least powerful countries as a matter of state policy. Thus, the countries of the third world or global south accounted for 73% of world industrial production in 1750 but only 7. 5% in 1913; in 1913, the world"s. The industrial revolution enabled britain, france, spain, portugal, the. Frankly the idea that it was the benefit of some to create dependency and inequality. It does have real impact on the environment and every single human being around the world, although in diffrent ways (ie. digital divide is about inequality of access to means of communication)
