SOC 1101 Lecture Notes - Lecture 9: International Inequality, Gross National Income, Sub-Saharan Africa

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Unequal power, prestige, wealth on a global basis and thus having different lifestyles and life chances. High income countries: industrialized, technologically advanced, administrative, service occupations. Low income countries: undergoing transformation from agrarian to industrial economies. Per capita income classification of countries (world bank, 2010): Marshall plan: the states provided massive sums of money to rebuild the. European economy after wwii (underdevelopment or underdeveloped nations: economic development is the primary way to solve the poverty problem. Gross national income (gni): all the goods and services produced in a country in a given year + income earned abroad by individuals or corporations. Line of poverty: . 25 per day in purchasing power. Foreign aid may meet the interests of the donor country more than the interests of the recipient (military aid) Foreign aid may be given to achieve political objectives (the us aid to latin. America: aid may not filter down to people who really need it.

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