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FINAL STUDY GUIDE - STUDY GUIDE Chapter 1 Converging...

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STUDY GUIDE Chapter 1 Converging currents of globalization o Global communication o Global transportation o Powerful transnational corporations and financial institutions o International free trade agreements o Market economies and privatization o Homogenous global consumer culture o Economic inequity, disparities Proponents of globalization o Logical expression of modern international capitalism Economic system wealth and means of producing wealth are privately owned and controlled rather than public or state controlled o New wealth with trickle down from rich to poor (countries and individuals) o Will spread benefits of new ideas and technologies o Countries can produce goods best suited o Need to attract capital from abroad will force to adopt sound economic policies o World’s poor countries will catch to rich ones Opponents of globalization o Not “natural”; economic policy promoted by core countries results in inequities between “haves” and “have nots” o Promotes free-market, export-oriented economies at expense of localized, sustainable economies o “free market” economic model promoted for developing countries not the one that Western industrial countries used for their own development; instead, government intervention shaped investment in core countries o encourages “bubble” economies A middle ground? o Economic globalization is probably unavoidable o Even anti-globalization movement is aided by the internet-a global technology o “make globalization work” by investing in education and maintaining social cohesion. o Can be managed. Hybridization: melding of popular and local culture Population o Different rates of population growth around the world o Also focus on migration rather than natural growth
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o Rural to urban migration o Population planning takes many forms One child policy; please have children policy o Rate of natural increase(RNI) – world average is 1.2 percent/yr: annual growth rate for a country or region, expressed as many percentage increase or decrease; equals the number of births minus the number of deaths; excluding migration o Crude birth rate (CBR) the gross number of births divided by the total population…? o Total fertility rate (TFR): the average number of children born by a statistically average woman; world TFR is 2.7, but ranges from 1.5 (Europe) to 5.0 (Africa); TRF = 2.1, population is stable; TFR >2.1, population is growing TFR<2.1, population is declining o Crude death rate (CDR): The gross number of deaths divided by the total population, producing a figure per 1,000 of the population; world CDR is 9 per 1,000 o Young and old Populations: Percentage of population under age 15: global average is 30 percent, low is 17 percent (Europe); high 42 percent (Africa_; high number indicates great potential for future growth Percentage of population over age 65: identifies need for health care and other social services Population pyramids graphically represent the age and gender distribution of a population o Life expectancy:
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