POLS 150 Lecture Notes - Lecture 15: Making Money

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Why new countries are struggling (understanding) ii. iii. iv. i. ii. iii. iv: social and economic changes initiated by new governments in new political systems. Countries in asia, latin america & africa: attempt to imitate powerful, stable political systems & nations i. Post wwii (not including us) specifically w/ european empires/powers: combined w/ independent movements, results w/ independent (fr euro colonizers) countries created) Following us & soviet union: approach of new systems/countries. Key: to build legitimacy of governance quickly (confidence: assuming independence from colonizer is better than being under colonizers, has expectations to fill, up to gov to build confidence i. Degree of gov rather than form of gov: degree it works; confidence is key b. Saw this as a clue copy growth. Production of g/s were instrumental in producing commodities that were only produced through industrialization: taking advantage of volume (producing at higher volume & making money on volume, economies of scale i.

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