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1.3 Vocab
Term | Definition |
---|---|
Globalization | The expansion of economic, cultural, and political processes on a worldwide scale |
Theory | A system of ideas intended to explain certain phenomena |
World Systems Theory (Wallerstein) | Theory describing the spatial and functional relationships between countries in the world economy; categorizes countries as part of a hierarchy consisting of the core, periphery, and semi-periphery |
Core | Classification of a country or region that has wealth, higher education levels, more advanced technologies, many resources, strong militaries, and powerful allies |
Periphery | Classification of a country or region that has less wealth, lower education levels, and less sophisticated technologies and also tends to have an unstable government and poor healthcare systems |
Semi-Periphery | Classification of a country or region that has qualities of both core and peripheral areas and is often in the process of industrializing |
Sustainable Development | Development that meets the needs of the present without compromising the ability of future generations to meet their own needs |