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Chapter 9

SOC 1100 Chapter Notes - Chapter 9: Dependency Theory, Maternal Death, Market Basket

Course Code
SOC 1100
Patrick Parnaby

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Chapter 9: Globalization, Inequality, and Development
Imperialism: The economic domination of one country by another.
Sources of Globalization:
Global Commodity Chain: A worldwide network of labour and production processes whose end
result is a finished product (commodity).
Transnational Corporations: Large businesses that rely on foreign labour and production; skills
and advances in design, technology, and management; world markets; and massive advertising
campaigns. They are autonomous from national governments.
McDonaldization: Form of rationalization. Refers to the spread of the principles of fast-food
restaurants – efficiency, predictability, and calculability – to all spheres of life.
Globalization: Simultaneous homogenization of some aspects of life and the strengthening of
some local differences under the impact of globalization.
Regionalization: Division of the world into different and often competing economic, political,
and cultural areas.
Feb 24:
Poverty conceived in absolute terms: Whether an individual or family is able to acquire the goods and
services that are essential to a comfortable existence. Referred as “basic market basket of goods.”
Traits of Developed Countries:
Two conceptualizations of development:
1. Increased economic activity and growth. Growth in the total size of the economy, measured as
GDP or GNP. How much money people make, how many businesses make and how much the
government makes.
2. Improvement in well-being of the majority. Such as health, jobs, happiness, food, water, trust.
Feb 26:
Development Assistance Goals:
Reducing poverty and inequality.
Improving health and democracy.
Reducing maternal mortality, etc.
NGOs: Non-governmental organizations funded by the government. They are non-profit organizations
that donate to less developed countries.
NGO Partnership: An organization that helps fund NGO’s.
Common problems with Development assistance:
The channels built by donors have efficiency issues.
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