SOCI 1010 Lecture Notes - Lecture 14: World Bank High-Income Economy, Gross National Income, World Bank
5 Jan 2017
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Global stratification: the unequal distribution of wealth, power and prestige on a global basis. Pattern: the gap between the rich and the poor worldwide is growing. High-income countries: highly industrialized economies; technology advanced industrial, administrative and service corporations; and high levels of per capita income. * 1% of the world"s population received the same amount as the poorest 57% (exam remember. Zero sum: rich need poor, create the poor. Globalized economy since at least marco polo"s day and the silk road. International trade between world"s nations was increasingly obvious post ww2. Problem of the worlds poor is a problem of the worlds rich , rich control worlds economy to manufacture poverty. Top 3 richest persons in the world greater than the gdp of 48 least-developed countries. The (cid:498)rat race(cid:499) & (cid:498)throw away society(cid:499) (cid:498)three worlds(cid:499) After world war ii, analysts introduced these terms: Third world: the poorest countries, with little industrialization and the.
