SOC 248 Lecture Notes - Lecture 3: Dependency Theory, Neoliberalism, Modernization Theory
20 Nov 2017
School
Department
Course
Document Summary
Globalization: of different countries driven by international trade and info technology. The interaction and integration between peoples, companies, and governments. Emphasis on free trade and market, no taxes on trades (nafta) corporations are involved. Countries economies have been affected by their position in the world market. If they can"t produce or own resources they would be poor. Privatization: government is not responsible for the prisoners, companies and. There have always been poor people but modernization would help. The poor were made poor through capitalism. World is divided into core nations, the wealthy is enriched by the poor. Determines how to lend money to poor country. Wrote wealth of nations determined by ability of economy. There is a relationship between poor countries and wealthier countries. Extreme poverty globally is less than . 90 a day. In the us if family makes less than ,257 for a family of 4 you are in income. Africa has bad climate so they can"t produce.
