Lesson 3

1. Globalization- actions or processes that involve the entire world and result in making something
worldwide in scope -An umbrella term that encompasses a wide range of social processes all of which
having to do with the increasing political, economic, and cultural interconnectedness.
What are the nine component elements of globalization?
1. Global hierarchy of countries based on political and economic power and on cultural influence.
2. Internationally organized capitalist economy.
3. Widening gulfs between rich and poor.
4. Political interdependence
5 recognition that environmental problems are transnational
6. International migration
7. Cultural
8. Displacements of traditional ways of life.
9. Widespread resistance.
2. The modern world system is a increasingly interconnected and interdependent set of political,
economic, and cultural systems that has emerged over five hundred years with the growth and spread
of European power, later American and Japanese.
3. What are the characteristics of core, peripheral and semi peripheral countries.
-Core countries are politically and economically dominant and they are culturally influential.
- Peripheral places that are poor and politically dominated by foreign armies and/or crippling foreign
debt are said to occupy.
-Semi-peripheral- Countries that are somewhere in the middle occupy
-What countries/wand regions made/make up the core in 1800,1900 and 2000?
-1800-core central Europe and Great Britain (UK), England, France, Germany And Holland
-external Africa, Australia, SA, NA, Asia, Persia, Russia
-Periphery Included oversea colonies that Europeans leader
-Semi periphery Spain, US
-1900- Core US Africa, S.E, Asia, Near East
External- Cold and dry central Asia, cold artic parts of Asia and Alaska, deserts of North Africa,
Central Africa, middle east
-Semi peripheral- Japan
Perpheral- South America, Europe, Asia, africa
2000 core North America, Europe
External- disappeared
Semiperipheral south America, asia, Australia
Peripheral Africa
4. External areas- Include the least hospitable places on earth
5.
6 Capitalism- economic system characterized by private or corporate ownership of capital goods, by
investments that are determined y private decision and by prices, production and the distribution of
goods that are determined mainly by competition
What are the key features of a capitalist economy?
Commodities- something that is bought and sold
-Labor power profit
7. Make a short list of indicates (evidence) of economic globalization>?
-private ownership
Wage labor

-competition
-the profit motive

commodification of labor and of nature

(everything for sale, everything has a $ value)

8. Gross natural Product (GNP)- The total value of all goods and services produced by a country with a
given year- for most of the worlds countries
9. Warfare, International treaties & other terms of cooperation
10. Colonialism- The establishment and maintenance of political and legal domination by are state over
a separate and alien society.
11. Supranational organization (supranationalism)- are collections of individual states that have formed
now, combined instruments of governance
12. Transnational- crossing national boundaires
13. Time-space compression14. Termperal and cognitive distance15. Bi-nationalism- a feeling of belonging and allegiance to 2 nations at one
16. cultural hybridity- blending and mixing of identities, styles and ways of life.
17 indigenoues Peoples- no longer living on their own terms outside of the power.