Exam 9: Global Inequality

What does gross national income (GNI) measure? Is it a good measure of the average person's income in a country? Why does GNI not give a complete picture of economic activity in a country? Does the GNI mask within-country inequality? Your answer should be one paragraph in length.

What is the primary reason global inequality has declined somewhat during the past decade or so?

When asked in a 2014 Pew Research Center survey whether trade creates jobs, _____ percent of respondents in the United States answered yes.

What has happened to inequality in the United States since the 1970s? Did the same pattern appear in Europe? How can this difference be explained? What do you think can reduce inequality in the United States? Your answer should be one paragraph in length.

Which of the following best describes the health conditions in high- and low-income countries?

The degree of global inequality is:

In 2016, there were 1,810 billionaires worldwide. Their combined assets were estimated to be what value?

According to market-oriented theories, how is economic development most likely to be able to proceed? What criticisms can be made of this approach? Your answer should be one paragraph in length.

MATCHING -Colonialism

There are four different theories that are used to understand global inequality today. Each has its limitations and shortcomings. Common to all four of these theoretical approaches, however, is that they:

The rapidly growing economies of the world are known as newly industrializing economies (NIEs) but more recently are termed what?

Dependency theorists argue that low-income countries are locked in a downward spiral of poverty. This is due, they argue, to what process?

Haiti is considered a low-income country. Haiti's main economic activity is in:

According to your textbook authors, Britain's decision to leave the EU was driven in large part by concerns among many working- and middle-class voters that EU membership:

What is the origin of the newly industrializing economies (NIEs) in East Asia today?

How do dependency theories understand global inequality? What criticisms can be made of this approach? Your answer should be one paragraph in length.

World-systems theory argues that the world system changes very slowly and that through a long series of changes, the United States is now at the top of the chain. Since this too must change, what are world-systems theorists suggesting as the next stage?

W. W. Rostow's modernization theory suggests economic growth as a series of stages, beginning with traditional and culminating with high mass consumption. What underlying characteristic is an important factor in shaping each of these different stages?

Low-income countries spend a much larger percentage of their national income on education than do high-income countries.

Approximately how many of the 212 million Apple iPhones sold in 2016 were produced in the United States?