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Unformatted text preview: 4-16-08 WExplanations of Global PovertyGlobal Power relations handicap poorest nations•ColonialismSome nations gain wealth through political and economic control of other nations•Neo-ColonialismNot direct political control but economic exploitation by multinationals corporationsMultinational Corporations:•Commercial organizations that are headquartered but do business throughout the world•Functionalist Perspective: combination of skilled technology/ management by multinationals and the relatively cheap labor available in developing nations is ideal for a global enterprise•Conflict perspective: Exploitation to maximize profits (chocolate)Dependency Theory•An approach that contends that industrialized nations continue to exploit developing countries for their own gain•Importance of colonialismWorld systems Analysis (Immanuel Wallerstein)Global economic system as divided between certain industrialized nations that control wealth and developing countries that are controlled and exploited...
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This note was uploaded on 04/29/2008 for the course SOCI 201 taught by Professor Perez during the Spring '07 term at University of Delaware.
- Spring '07