01:450:101 Lecture 20: Global Environment Notes- Exam 2.docx

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Infrastructural development transportation networks, plumbing, sanitation, public institutions (prisons, schools, hospitals, etc. Higher levels of human rights protection and justice. Gross domestic product (gdp): total value of goods and services produced within a country. Gross national income (gni): gdp + foreign transactions. Hdi (human development index): economics + health + education (un) Purchasing power parity (ppp): what the national income is worth in terms of equivalent purchasing power gni-ppp. Gini: is a measure of the inequality of income distribution within a country. Closer to 0 means income is more equally distributed** Neoliberalism: government is the problem, free trade is the answer. Rostow"s modernization theory: start off with limited technology, slowly expand manufacturing and distribution until you reach high-mass consumption. Dependency theory(world systems theory): modernized country uses the periphery for resources, and makes goods and sells them back to them. Type and level of technology determines how i land is, and what land is productive.

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