SOSC 1200 Lecture Notes - Lecture 2: Digital Divide, World-Systems Theory
24 Apr 2016
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Digital divide: internet uses as % of population. Foreign investment is investing from one country into another countries materials. Net inflows: more money is being invested into your country by others. Negative net inflow: less money is invested into your country and is invested in other places. Colonialism established the base of underdevelopment through forced specialization". Under developed is fundamentally different from undeveloped" doesn"t mean its bad. Underdeveloped (periphery) and developed (core) are interdependent parts of the global capitalist system. Alternative use of resources is preferable for domestic population. It is impossible to have rich countries without poor countres. Single intergrated market of goods and labour began in the 1500"s. Core, periphery and semi-periphery regions within system. Innis" theories of econ development were all based on experience and living in canada. A staple is a minimally processed primary resource produced mostly for export.
