ISS 310 Lecture 2: Globalization
1 Jun 2016
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Globalization economic development: the players, developed world (mdcs: more developed countries): first world , countries (must know all): b. i. Based on gross domestic product (gdp): confined to each particular country: gdp: annual economic value of all goods and services produced within d. a country. Includes profits of foreign corporations within the tall of the gdp of that country: factor in population of a country e. i. Per capita = gdp/population: mdc"s = the north ; ld"s = the south f. i. A new century nears, and with it the prospects of a new civilization. Could we not begin to lay the basis for that new community with reasonable relations among all people and nations, and to build a world in which sharing, justice, and freedom and peace might prevail? willy brandt g. i. Match quotes to person: low-income, least developed countries (ldc"s); developing world h. i. More economically developed countries within the developing world i. ii.
