SOCIOL 1A06 Lecture Notes - Lecture 14: Worldwide Exchange, Cultural Homogenization, High Standard Manufacturing Company
11 Apr 2018
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Document Summary
Describes the worldwide exchange of money, goods, and services as well as the socio- cultural changes that occur with increasing trade and human contact. Responsible for serving social arrangements based on geographical location as a result of accelerating transnational flows of people, images, and information. 16th century, economic systems based on market principles emerged. Colonization of the americas, africa, and asia. Creates vast divides between rich and poor. Ne(cid:449) glo(cid:271)al order i(cid:374)(cid:272)reasi(cid:374)gly defi(cid:374)ed a(cid:272)(cid:272)ordi(cid:374)g to (cid:272)ou(cid:374)tries(cid:859) (cid:449)ealth or po(cid:448)erty. Buys into assumption that is the best. Largely used to describe countries of former soviet union. Command economy: state manages the production and distribution of goods. Undeveloped, underdeveloped or developing are terms terms that were used to suggest lack of any economic talent. Sociologists prefer the terms global north, global south. Democratic and technologically advanced, high standard of living, well-educated, access to health care and clean water, stable political structures.
