GS1 midterm - Global Studies 1 Midterm Review...

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Global Studies 1 Midterm Review g/Globalization: - little “g” It is the extension, acceleration, and intensification of consequential worldwide interconnections. It has and can be shaped by many kinds of processes. Context: Globalization is something that has taken place for centuries. Trade, cultural exchanges, religious exchanges, economic exchange, technological exchange, etc are all examples of globalization that have been happening and continue to happen. Everyday, our world depends on interconnectedness with other countries more and more. - big "G" It is a term of political speech that is used by politicians, business people and protesters to make politically charged arguments. It is a discourse of neoliberal ideals coined i the 1980s. often is used to argue for free markets and neoliberal policies, like the opening of borders for trade. It is a version of little g globalization. Context: Big G Globalization is a newer term or discourse, that describes more of what is happening today. It idealizes neoliberal beliefs of free trade and a free market dergulation. Discourse and Practice: - A set of terms and arguments about the nature of reality that are tied together in a narrative that systematically shapes the reality it purports to describe. (Sparke 29) Discourses of globalization- negative feedback loop, all untrue myths of big G globalization: new, inevitable and a leveler. Gini Coefficient: - Used to measure countries from 0 to 1 based on their equality. Zero is perfect equality and 1 is perfect inequality. The Lorenze Curve is a graph relating to the gini coefficient. The more the curve is bent, the more inequality in the country. The larger the area between Lorenz curve and 45 degree line, the more unequal is the distribution of income - It also calculates the difference of what things looked like if people in the country made the same income Context: HDI, life expectancy, and gini coefficient all go together. Countries with greater gini coefficients have more inequality, lower life expectancy and a lower Human Development Index. Place/ Region: - formal or informal boundaries - Altered by society, NOT FIXED. Spatiality's are produced and shaped by socio- ecological processes like globalization. These spaces also effect how these processes work, its an inverse relationship. - REGION
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Place-Based Explanation: - Physical location is determinant of wealth, things in that place cause economic status. - The closer you are to the equator, the morel likely you are to be rich. - The closer you are to navigable waters, the more likely you are to be rich. - Few problems: It is only physical geography limited to what your views of that place are Assumes nothing else is acting on it Connectivity- Based Explanation: - The prosperity of a place is shaped by other things from other places.
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