Sociology 1020 Chapter Notes - Chapter 14,17-21: Glocalization, Dependency Theory, Modernization Theory
1 Apr 2019
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Globalization occurs as people become increasingly aware of, and dependent on, one another. Imperialism the economic domination of one country by another. Global commodity chain a worldwide network of labour and production processes whose end result is a finished commodity that can be bought or sold. Glocalization globalization leads to the homogenization of some aspects of life and the strengthening of some local differences. Most people living in desperate poverty are women. Regionalization the division of the world into different and often competing economic, political and cultural areas. Colonialism the direct political control of one country by another. Modernization theory holds that economic underdevelopment results from poor countries lacking western attributes, including western values, business practices of investment capital, and stable governments. Dependency theory views economic underdevelopment as the result of exploitative relations between rich and poor countries. Core capitalist countries rich countries that are the world"s major sources of capital and technology (us, japan, & germany)
