SOCI 210 Chapter Notes - Chapter 10: Black Market, Child Slavery, Deindustrialization
Document Summary
Global inequality: concentrating resources in certain nations and is significantly affecting the opportunities of individuals in poorer and less powerful countries. Gini coefficient: measures income inequality between countries using a 100 point scale on which 1 represents compete equality and 100 represents the highest possible inequality. Functionalist perspective is a macro analytical view that focuses on the way that all aspects of society are integral to the continued health and viability of the whole. Eg: global inequality because some nations are better than others at adapting to new technologies and profiting from a globalized economy. Conflict theory focuses on the creation and reproduction of inequality. Addressing the systematic inequality created when core nations exploit the resources of peripheral nations. Symbolic interaction perspective studies the day to day impact of global inequality, the meanings individuals attach to global stratification, and the subjective nature of poverty. Social inequality is just as harmful as economic discrepancies.