POL218Y5 Study Guide - Final Guide: Electoral Fraud, Opportunity Cost, Authoritarianism

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3 Apr 2016
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Essentially, they drained the resources of several states in the third world, which helps explain why these countries have failed to grow. Gdp per capita: gross domestic product the total of all goods and services produced within a country that is used a a broad measure of the seize of the economy. This is comparable to states such as south korea, that invested greatly in creating an export based economy, that pushed domestic industries to improve output and create desirable goods. Redistributive policies: policies that take resources from one person or group in society and allocate them to different, more disadvantaged group. The united states has traditionally opposed redistributive policies to policies to the disadvantaged. Nafta: north american free trade agreement a treaty between the united states, mexico, and. Opec: intergovernmental organization made up of petroleum exporting countries. As such, the organization has considerable power in these markets. Caste sytem: india"s hindu society is divided into castes.