SOCI 110 Study Guide - Midterm Guide: International Monetary Fund, International Inequality, Margaret Mead
Document Summary
Considers the poor as mostly responsible for their own situations. It is their attitudes and lack of motivation that cause them to be poor. The amount of human capital a person processes. Their cultures and background effect values and behavior and this causes them to be poor. Hinders function in a competitive global economy. Focus on macro level organization of society that an individual cannot change. Social inequality serves an important function in society. Motivates people to work hard to acquire scarce. Poverty is a side effect of capitalism. Us poor are better than most of the poor in the world. Richest nations have the highest overall standings. Most people around the world are better off. Rich getting richer and are moving ahead faster than the poor. Economic development is placing greater strains on the natural. Deprived compared to people who have more. Not in immediate danger of dying from lack of basic resources.
