This document discusses different metaphors and perspectives of globalization:
1. Solid, liquid, and flow metaphors are used to describe globalization - solid representing barriers between nations, liquid representing removing barriers and increased interconnectivity, and flow representing movement of people, goods, and ideas.
2. There are three main perspectives on globalization - hyper-globalists see declining nation-states and growing global processes, skeptics believe globalization is not new and nation-states remain powerful, and transformationalists see nation-states transforming through globalization.
3. Theories of globalization discussed include world systems theory, modernization theory, and dependency theory, each focusing on different aspects of globalization and development.
This document discusses the origins and history of globalization from different perspectives. It describes five main views on defining when globalization began: 1) As a natural human tendency dating back thousands of years, 2) As a cyclical process with multiple "waves", 3) Through six major epochs starting in ancient times, 4) Key events like European colonialism and modern technology, 5) Recent changes in the late 20th century including US global dominance, rise of multinational corporations, and end of the Cold War. The document analyzes each view in detail and references debates among scholars about defining the start of globalization.
This document provides an overview of global inequality and stratification. It begins by introducing the United Nations Millennium Development Goals which aimed to reduce extreme poverty globally by 2015. It then discusses different frameworks for classifying global stratification such as Wallerstein's world systems approach and the World Bank's classification of economies by income. Specifically, it outlines the characteristics of high, middle, and low income nations and the challenges faced by less developed countries, including a trend toward the global feminization of poverty.
This document provides an overview of global inequality and stratification. It begins by outlining the United Nations Millennium Development Goals, which aimed to reduce extreme poverty around the world by 2015. Progress was made in some areas like poverty, education, and health, but many goals were not fully achieved. The document then discusses different frameworks for understanding global stratification, including Wallerstein's world systems approach which categorizes countries in a global economic hierarchy as core, semi-peripheral or peripheral nations. Finally, it examines how terminology has evolved over time to describe levels of development among countries.
This document provides an overview of key concepts related to globalization, including definitions of globalization, metaphors used to describe globalization (solid, liquid, flows), and theories of cultural globalization (homogeneity vs heterogeneity). It discusses how early epochs led to more solid and fixed social relationships, while today's highly connected world is characterized by increasing liquidity and flow of people, information, goods, etc. across borders. Theories of cultural globalization include homogeneity, which posits a trend toward increasing cultural sameness, versus heterogeneity, which sees the emergence of new hybrid cultural forms from interactions between societies.
This document provides an overview of key topics related to globalization, including:
- Defining globalization and discussing broad vs. narrow definitions.
- The main dimensions of globalization: economic, political, cultural, and technological.
- Metaphors used to describe globalization, particularly the concepts of solid vs. liquid and the increasing fluidity in the modern world.
- Theories of globalization that see it as either increasing homogeneity or heterogeneity across cultures.
The document aims to introduce foundational concepts for understanding the phenomenon of globalization. It examines globalization from different perspectives and uses metaphors to illustrate changing dynamics in the contemporary world.
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Globalization_- Definition, Processes and Concepts.pdfDhruvita1
Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.
This document discusses the origins and history of globalization from different perspectives. It describes five main views on defining when globalization began: 1) As a natural human tendency dating back thousands of years, 2) As a cyclical process with multiple "waves", 3) Through six major epochs starting in ancient times, 4) Key events like European colonialism and modern technology, 5) Recent changes in the late 20th century including US global dominance, rise of multinational corporations, and end of the Cold War. The document analyzes each view in detail and references debates among scholars about defining the start of globalization.
This document provides an overview of global inequality and stratification. It begins by introducing the United Nations Millennium Development Goals which aimed to reduce extreme poverty globally by 2015. It then discusses different frameworks for classifying global stratification such as Wallerstein's world systems approach and the World Bank's classification of economies by income. Specifically, it outlines the characteristics of high, middle, and low income nations and the challenges faced by less developed countries, including a trend toward the global feminization of poverty.
This document provides an overview of global inequality and stratification. It begins by outlining the United Nations Millennium Development Goals, which aimed to reduce extreme poverty around the world by 2015. Progress was made in some areas like poverty, education, and health, but many goals were not fully achieved. The document then discusses different frameworks for understanding global stratification, including Wallerstein's world systems approach which categorizes countries in a global economic hierarchy as core, semi-peripheral or peripheral nations. Finally, it examines how terminology has evolved over time to describe levels of development among countries.
This document provides an overview of key concepts related to globalization, including definitions of globalization, metaphors used to describe globalization (solid, liquid, flows), and theories of cultural globalization (homogeneity vs heterogeneity). It discusses how early epochs led to more solid and fixed social relationships, while today's highly connected world is characterized by increasing liquidity and flow of people, information, goods, etc. across borders. Theories of cultural globalization include homogeneity, which posits a trend toward increasing cultural sameness, versus heterogeneity, which sees the emergence of new hybrid cultural forms from interactions between societies.
This document provides an overview of key topics related to globalization, including:
- Defining globalization and discussing broad vs. narrow definitions.
- The main dimensions of globalization: economic, political, cultural, and technological.
- Metaphors used to describe globalization, particularly the concepts of solid vs. liquid and the increasing fluidity in the modern world.
- Theories of globalization that see it as either increasing homogeneity or heterogeneity across cultures.
The document aims to introduce foundational concepts for understanding the phenomenon of globalization. It examines globalization from different perspectives and uses metaphors to illustrate changing dynamics in the contemporary world.
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Globalization_- Definition, Processes and Concepts.pdfDhruvita1
Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Globalization also captures in its scope the economic and social changes that have come about as a result.
The document discusses the author's reading of the book "Globalization: A Way Short Introduction" and what they learned from it. The author found the book to be one of the best reads and that it helped them better understand the effects and consequences of globalization. They particularly liked the section discussing how globalization is a contested concept and how views on it have changed over time.
In this module, you will journey to the very heart of this course: you will be asked to identify the challenges posed by globalization and consider responses to these challenges as demonstrated by experiences on the ground. For this purpose, students will produce case studies of communities (in the Philippines and other countries) experiencing the impact of globalization and their respective responses to issues that arise. There are global-civic societies engaged in advocacies relating to climate and environmental protection, for example, human trafficking across borders, the application of advances in science and technology to serve some of the world’s poorest communities, and so on. There are, too, communities that have managed, in varying degrees of success, to deal with the effects, good and bad, of globalization.
Where Did This Global Movement Come From?Joe Brewer
The global anti-globalization movement emerged in the late 1980s and gained momentum through major protests in the 1990s and 2000s. Early protests targeted international financial institutions by a few hundred activists but grew to tens of thousands expressing concerns around issues like debt cancellation, environmental protection, and corporate power. While diverse, the movement lacked central organization and was framed by media as "anti-globalization" rather than representing the decentralized network it was. As communication technologies advanced, they empowered more direct democracy and collective action among disparate groups. However, the movement has focused on protest rather than articulating a clear alternative vision, which it now needs to do by standing for institutional change that creates shared prosperity within planetary boundaries.
A World of Ideas Cultures of GlobalizationMonte Christo
This document discusses several topics related to globalization and religion. It explains that globalization refers to the increasing interconnectedness of all the world's people into a single social unit. As religions become more globalized, they may transform from being closely tied to individual nations and cultures to taking on free competition on a global scale. Media globalization has helped spread globalization since World War II through organizations promoting international investment. Researchers have observed various effects of media globalization on religion and culture, some of which are open to interpretation while others are more widely agreed upon. Global cities are centers of innovation that share characteristics of connectedness and experiences with globalization but also face challenges from rising inequality.
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Globalization has changed the roles and power of nation-states in controlling their own destinies. While states remain important, providing security and withdrawing from some economic functions, their ability to make independent decisions has decreased with increased interdependence between countries. Different states have responded to globalization in various ways depending on their economic histories, principles of governance, openness, and public opinion. Rather than resisting globalization, states need to find ways to either preserve its pace or maximize their benefits from integration into the global system in order to remain relevant.
FeedbackEssay 1 The purpose of the essay is get you to talk .docxmglenn3
This document provides feedback on essays and expands on an American identities essay. The feedback addresses the need to expand certain essays by a page and add more transitions and conclusions. It also provides a summary of an essay on economic inequality exploring how wealth is concentrated among the top 1% and how this impacts society. The identities essay discusses the author's experience in America and perspective on concepts of race, gender, sexuality, religion and class in American society. It reflects on core American values of liberty, self-governance, equality, individualism and diversity.
FeedbackEssay 1 The purpose of the essay is get you to talk .docxlmelaine
Feedback
Essay 1: The purpose of the essay is get you to talk about your own experience in your own words, so there is no need for citing others' ideas and experiences. (expand to one more page write about a personal experience related to the topic) hence "am a student and am not American"
Essay 2: add more transition words, replace the (this, it, they etc..) with the nouns.
Expand the essay to one more page.
Essay 3: (melting pot) add transitions, make sure to give opinions about topics "personal opinions"
Expand the conclusion.
Essay4:(inequality for all) add more transitions , add conclusion, expand one page
Fatma AlsadiAmerican Identities, 212C
February 19, 2020
Essay #5
The documentary by Reich elaboartes on the issues facing the modern soicety today, not only in the U.S but alos in other jurisdications within the larger global economy. Specifically, he explores economic inequality, how its affecting us and what could be done to mitigate against its effects. As porpounded by Prof. Reich, economic inequaity is an issue affecting a significnant proportion of the population. It can be said that those of a differeing opinion are probably those belonging to the top 1%. The extent of economic inequaity is manifest in civil movements such as The Occupy Wall-Street movement, the Green Party as well as the various industrial strikes regulalry organized by workers all around the globe (Milanovic, 2016).
As explained by Prof. Reich, most of the world’s wealth are held by only 1% of the poplation. These are the wealthy individuals in the society who own sifingicant factors of production and hence control and influence economic and political systems, both in their countries and the world. The problem is that this 1% do not utlize a significant proportion of their wealth in real-economic activities. These are the activities that have the greates potential in generating jobs for the massess as well as real goods and services (Milanovic, 2016).
That is, they essentially hoard their wealth and choose to invest it in speculative markets so as to generate even more money for themselves. Th downside to these avenues of investments is that theu do not, atleast directly, enhance employment levels or goods and services. Besides, Reich argues that the top 1% tend to engage in selfish activities that end huriting the economy. That is, if the economy is not doing good, the top 1% may withdraw their resources resulting in lay-offs as well as scaling down of production activities. Unfortunately, their selfish considerations only end up huring the economy even further (Milanovic, 2016).
From Reich’s documentary, it can be constures that economic inequality is multi-faceted. This implies that economic inequality encompassess the distribution of income as well as the distributiion of wealth. The former makes reference to how much money people make while the latter makes reference to the amount of resources owned. With this in mind, both income and wealt ...
How to Download & Install Module From the Odoo App Store in Odoo 17Celine George
Custom modules offer the flexibility to extend Odoo's capabilities, address unique requirements, and optimize workflows to align seamlessly with your organization's processes. By leveraging custom modules, businesses can unlock greater efficiency, productivity, and innovation, empowering them to stay competitive in today's dynamic market landscape. In this tutorial, we'll guide you step by step on how to easily download and install modules from the Odoo App Store.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
The document discusses the author's reading of the book "Globalization: A Way Short Introduction" and what they learned from it. The author found the book to be one of the best reads and that it helped them better understand the effects and consequences of globalization. They particularly liked the section discussing how globalization is a contested concept and how views on it have changed over time.
In this module, you will journey to the very heart of this course: you will be asked to identify the challenges posed by globalization and consider responses to these challenges as demonstrated by experiences on the ground. For this purpose, students will produce case studies of communities (in the Philippines and other countries) experiencing the impact of globalization and their respective responses to issues that arise. There are global-civic societies engaged in advocacies relating to climate and environmental protection, for example, human trafficking across borders, the application of advances in science and technology to serve some of the world’s poorest communities, and so on. There are, too, communities that have managed, in varying degrees of success, to deal with the effects, good and bad, of globalization.
Where Did This Global Movement Come From?Joe Brewer
The global anti-globalization movement emerged in the late 1980s and gained momentum through major protests in the 1990s and 2000s. Early protests targeted international financial institutions by a few hundred activists but grew to tens of thousands expressing concerns around issues like debt cancellation, environmental protection, and corporate power. While diverse, the movement lacked central organization and was framed by media as "anti-globalization" rather than representing the decentralized network it was. As communication technologies advanced, they empowered more direct democracy and collective action among disparate groups. However, the movement has focused on protest rather than articulating a clear alternative vision, which it now needs to do by standing for institutional change that creates shared prosperity within planetary boundaries.
A World of Ideas Cultures of GlobalizationMonte Christo
This document discusses several topics related to globalization and religion. It explains that globalization refers to the increasing interconnectedness of all the world's people into a single social unit. As religions become more globalized, they may transform from being closely tied to individual nations and cultures to taking on free competition on a global scale. Media globalization has helped spread globalization since World War II through organizations promoting international investment. Researchers have observed various effects of media globalization on religion and culture, some of which are open to interpretation while others are more widely agreed upon. Global cities are centers of innovation that share characteristics of connectedness and experiences with globalization but also face challenges from rising inequality.
Essay on Globalization
Globalization
Essay about Globalization and Localization
Globalization
Globalization Essay
Globalization Essay
globalisation
Globalization (Term Paper)
An Introduction to Globalization Essay
Globalization Essay
An Overview of Globalization Essay
Globalization Essay
Globalization has changed the roles and power of nation-states in controlling their own destinies. While states remain important, providing security and withdrawing from some economic functions, their ability to make independent decisions has decreased with increased interdependence between countries. Different states have responded to globalization in various ways depending on their economic histories, principles of governance, openness, and public opinion. Rather than resisting globalization, states need to find ways to either preserve its pace or maximize their benefits from integration into the global system in order to remain relevant.
FeedbackEssay 1 The purpose of the essay is get you to talk .docxmglenn3
This document provides feedback on essays and expands on an American identities essay. The feedback addresses the need to expand certain essays by a page and add more transitions and conclusions. It also provides a summary of an essay on economic inequality exploring how wealth is concentrated among the top 1% and how this impacts society. The identities essay discusses the author's experience in America and perspective on concepts of race, gender, sexuality, religion and class in American society. It reflects on core American values of liberty, self-governance, equality, individualism and diversity.
FeedbackEssay 1 The purpose of the essay is get you to talk .docxlmelaine
Feedback
Essay 1: The purpose of the essay is get you to talk about your own experience in your own words, so there is no need for citing others' ideas and experiences. (expand to one more page write about a personal experience related to the topic) hence "am a student and am not American"
Essay 2: add more transition words, replace the (this, it, they etc..) with the nouns.
Expand the essay to one more page.
Essay 3: (melting pot) add transitions, make sure to give opinions about topics "personal opinions"
Expand the conclusion.
Essay4:(inequality for all) add more transitions , add conclusion, expand one page
Fatma AlsadiAmerican Identities, 212C
February 19, 2020
Essay #5
The documentary by Reich elaboartes on the issues facing the modern soicety today, not only in the U.S but alos in other jurisdications within the larger global economy. Specifically, he explores economic inequality, how its affecting us and what could be done to mitigate against its effects. As porpounded by Prof. Reich, economic inequaity is an issue affecting a significnant proportion of the population. It can be said that those of a differeing opinion are probably those belonging to the top 1%. The extent of economic inequaity is manifest in civil movements such as The Occupy Wall-Street movement, the Green Party as well as the various industrial strikes regulalry organized by workers all around the globe (Milanovic, 2016).
As explained by Prof. Reich, most of the world’s wealth are held by only 1% of the poplation. These are the wealthy individuals in the society who own sifingicant factors of production and hence control and influence economic and political systems, both in their countries and the world. The problem is that this 1% do not utlize a significant proportion of their wealth in real-economic activities. These are the activities that have the greates potential in generating jobs for the massess as well as real goods and services (Milanovic, 2016).
That is, they essentially hoard their wealth and choose to invest it in speculative markets so as to generate even more money for themselves. Th downside to these avenues of investments is that theu do not, atleast directly, enhance employment levels or goods and services. Besides, Reich argues that the top 1% tend to engage in selfish activities that end huriting the economy. That is, if the economy is not doing good, the top 1% may withdraw their resources resulting in lay-offs as well as scaling down of production activities. Unfortunately, their selfish considerations only end up huring the economy even further (Milanovic, 2016).
From Reich’s documentary, it can be constures that economic inequality is multi-faceted. This implies that economic inequality encompassess the distribution of income as well as the distributiion of wealth. The former makes reference to how much money people make while the latter makes reference to the amount of resources owned. With this in mind, both income and wealt ...
How to Download & Install Module From the Odoo App Store in Odoo 17Celine George
Custom modules offer the flexibility to extend Odoo's capabilities, address unique requirements, and optimize workflows to align seamlessly with your organization's processes. By leveraging custom modules, businesses can unlock greater efficiency, productivity, and innovation, empowering them to stay competitive in today's dynamic market landscape. In this tutorial, we'll guide you step by step on how to easily download and install modules from the Odoo App Store.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
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إضغ بين إيديكم من أقوى الملازم التي صممتها
ملزمة تشريح الجهاز الهيكلي (نظري 3)
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تتميز هذهِ الملزمة بعِدة مُميزات :
1- مُترجمة ترجمة تُناسب جميع المستويات
2- تحتوي على 78 رسم توضيحي لكل كلمة موجودة بالملزمة (لكل كلمة !!!!)
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4- هُنالك بعض المعلومات تم توضيحها بشكل تفصيلي جداً (تُعتبر لدى الطالب أو الطالبة بإنها معلومات مُبهمة ومع ذلك تم توضيح هذهِ المعلومات المُبهمة بشكل تفصيلي جداً
5- الملزمة تشرح نفسها ب نفسها بس تكلك تعال اقراني
6- تحتوي الملزمة في اول سلايد على خارطة تتضمن جميع تفرُعات معلومات الجهاز الهيكلي المذكورة في هذهِ الملزمة
واخيراً هذهِ الملزمة حلالٌ عليكم وإتمنى منكم إن تدعولي بالخير والصحة والعافية فقط
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1. I. Metaphors of Globalization
This section of the module will introduce you to metaphors of globalization. Aldama (2018) explains that globalization can be
explained using metaphors – solid and liquid for better understanding. Apparently, events prior to globalization today gave rise
to people, things, events to harden over time giving rise to limited mobility (Ritzer, 2015), such solidity also determined as physical
and social barriers. For example, a country’s physical barrier is solid in natural form. Solidity can also be man-made as in the
case of an imaginary barrier like the West Philippine Sea claimed by the Philippine government as belonging to the country and
at the same time China claiming it to be theirs. Such absurdity in territorial ownership affects Filipinos in terms of physical mobility
as restrictions are imposed.
Solidity ‘melts’ when barriers are removed even in the metaphorical level. For instance, when two countries agree to free
restrictions on people’s movements between them, a form of liquidity emanates creating a free movement of people, ideas, and
processes giving rise to interconnectivity among nations. Removing barriers is critical in a global process that is mutually
understanding.
It cannot be denied that solid and liquid interactions abound in today’s world but liquidity is key to spreading growth in many
aspects articulated in the form of flows.
Flows are the movement of people, things, places, and information brought by the growing “porosity “of global limitations (Ritzer,
2015). This simply means that the process of interconnectivity brought about by liquid interactions gives rise to exchange of
cultural understanding as in the case of Filipinos patronizing Japanese, American and other international cuisines apart from
local choices. Flows can also have a negative connotation when a country’s financial crisis can have global impact. In health,
the recent Covid-19 pandemic that started in China has affected nations globally afflicting many people. The flow continues to
endanger economies, social life and health of many people.
In conclusion, as highlighted in the discussion, solid, liquid and the concept of flow provide metaphors in your approach to
learning globalization. For the solid part, globalization accentuates resource boundaries that define nations. Liquidity is construed
as a country’s gradual opening up with the rest of the world seen in fluid interactions, free movement of people, among others.
Lastly, flows indicate a cultural understanding of both countries following an exchange of ideas, goods and people. Such
metaphors provide a robust understanding of globalization’s view on interconnectedness.
II. Perspectives of Globalization
For your increased learning, globalization has three major perspectives: hyper-globalists, skeptics and transformationalists.
Hyper-globalists contend that pre-globalization is called internationalization. In the contemporary setting, nation-states reduce
their power as the focus shifts to global processes. As such, national economy is less-prioritized because capital mobility outside
national borders is the target. Likewise, proliferation of multinational corporations links economies in the global setting where
interdependency is sought in an open economy with less national restrictions. Sceptics, on the other hand, believe that
globalization is a novel idea and at the same time argue that it has existed for many centuries before where cultural, economic,
social and technological developments have occurred in various stages. Nation-states play an important role alongside
transnational responsibility. In Northern America and Europe, for instance, states continue to be very powerful (Martell, 2010).
Transformationalists contend that hyper-globalism should be rejected. However, nations transform in the process of
globalization, such transformation elucidating national forces combined with international elements so that change occurs
affecting people’s experiences and sensibilities.
Source: Upali, P. (2017). An Introduction to the Theoretical Perspectives of Globalisation. Retrieved from www.researchgate.net
Conceptualizing Globalization: Three Tendencies
Categorical Question Hyper-globalizers
(Ohrnae 1990, 1995;
Albrow 1997)
Skeptics
Boyer & Drache 1996;
Hirst 1997; Hirst &
Thompson, 1999)
Transformationalists
Sassen 1991);
Rosenau, 1997)
What’s New? A global age Trading blocs, weaker
geo-governance than in
earlier periods
Historically
unprecedented levels of
global
interconnectedness
2. Dominant features? Global Capitalism,
global governance,
global civil society
World less
interdependent than in
1890s
Thick (intensive and
extensive) globalization
Power of National
governments?
Declining or eroding Reinforced or enhanced Reconstituted,
restructured.
Driving forces of
globalization
Capitalism and
technology
Governments and
markets
Combined forces of
modernity
Pattern of stratification Erosion of old
hierarchies
Increased
marginalization of south
New architecture of
world order
Dominant motif McDonald’s, Madonna,
etc.
National Interest Transformation of
political economy
Conceptualization of
globalization?
A reordering of the
framework of human
action
Internationalization and
regionalization
Reordering of inter-
regional relations and
action at a distance
Historical trajectory? Global civilization Regional blocs/clash of
civilizations
Indeterminate: global
integration and
fragmentation
Summary argument The end of the nation-
states
Internationalization
depends on government
acquiescence and
support
Globalization
transferring government
power and world
Source: Held et al 1999, cited in Giddens, 2009:137
III. Theories of Globalization
III. 1 World Systems Theory – this theory focuses on the world as a unit instead of concentrating on each country. It
divides countries into core countries which include Western nations like United States, Europe. These countries are
economically robust with heavy industrialization and information and technology are widely utilized; periphery countries include
Latin America and Africa where raw materials are widely produced to be processed in Western countries. Proliferation of low-
income groups characterize these nations and a few percentage of the population are in the upper group, thus there is a large
income inequality in the population. Semi-periphery countries like India and Brazil make up the middle ground between core
and periphery countries. They usually have diversified and well-developed economy even if they are not internationally
competitive.
The World Systems Theory is criticized for its lack of sensitivity towards culture and class struggles of member countries, instead,
it focuses on division of core and periphery nations.
III.2 Modernization Theory – this theory presupposes that countries follow a similar pattern from traditional to modern
society. This implies that traditional countries can develop into modern nations with advancement in technology, increased labor
and capital resource allocation.
III. 3 Dependency Theory – this theory is a reaction to Modernization theory which looks into inequalities between countries.
The idea that Third World countries export raw materials to Western countries is integrated into World Systems theory because
they are recognized as underdeveloped countries. Quagmire of poverty pervades in poor countries where opportunities for
advancement is difficult to achieve as economies fall into poverty trap. Thus, they remain dependent on wealthier countries.
Source:
……. Globalization Theories: Society and Culture. Khan Academy. Retrieved from
https://www.youtube.com/watch?v=IQIVIYCZ4ec&feature=share .