SOCI 210 Chapter Notes - Chapter 10: Gross National Income, International Inequality, Capital Flight
20 Oct 2017
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Document Summary
Resources are concentrated in certain nations; less rich and powerful nations have less opportunities. Functionalist view: macro level, purposes that global inequality might serve some nations better at adapting, when expanding in surrounding lesser countries, they expand the economy. Conflict theory view: core nations exploit peripheral, perpetuates inequalities. Symbolic interaction perspective: day to day impact, differing definitions of poverty. Global stratification: wealth is unequally distributed among nations and within nations. Economic and social inequality leads to concentrations of wealth and of poverty. Social inequality (discrimination due to race, religion, etc. ) can have severe consequences and can increase economic inequality. Gender inequity females often experience discrimination and violence. Global classification: different terms exist to classify nations . 1st world, 2nd world, 3rd world, based on economic development and standards of living. First is richest, third is poorest, second has moderate standards of living. (also fourth world minority groups around the world without political voice).
