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Chapter 11 - Globalization, Technology, and Global Inequalities
Glossary
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
C
core nations - The most technologically advanced nations that are economically and militarily powerful and dominate the world system directly or through their multinational corporations.
D
dependency theory - The idea that poor nations were purposely made dependent on rich nations so that they can be exploited indefinitely.
G
globalization - The dramatic increase in the movement of information, people, culture, technologies, goods, services, and money around the world and the increased connectedness and interdependence of peoples and nations.
M
modernization theory - The theory that states that less-developed countries should go through a multistage modernization process to become technologically advanced, wealthy, and democratic.
N
neoliberal free market - Open trade among nations unrestricted by any barriers or regulations.
O
outsourcing - The removal of jobs from one country to another, typically to increase profits by taking advantage of lower labor costs.
P
periphery nations - Weak poor nations that provide the world system with minerals, agricultural products, or cheap labor.
S
semi-periphery nations - Partially industrialized nations that extract benefits from periphery societies but pass much of these on to the core nations.
W
world systems theory - The idea that advanced “core” nations exploit the resources of less developed poor “periphery” nations with the assistance of developing “semi-periphery” nations.
