Exam 8: Global Stratification.

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What is one major result of requiring middle-income countries to make payments on their debts to lending agencies?

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Nations with low-income economies include __________.

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The number of hours that people work at their jobs each week is one measure of the extent to which individuals subscribe to the work ethic, which is a core value widely believed to be of great significance in the __________ process.

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According to economic advisor Walt Rostow, societies in the __________ stage are slow to change because the people hold a fatalistic value system, do not subscribe to the work ethic, and save very little money.

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South to south migrants are those who move from

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_________ exists when people may be able to afford basic necessities but are still unable to maintain an average standard of living.

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The most frequently noted __________ nations are the United States, Canada, Japan, Great Britain, Australia, and New Zealand.

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The World Bank focuses on these three development themes in classifying nations into economic categories: __________.

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Health is defined in the Constitution of the World Health Organization as __________.

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Following the Vietnam War, the Marshall Plan provided massive sums of money in direct aid and loans to rebuild the Southeast Asian economic base destroyed during the war.

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Explain the levels of development approach used for describing global stratification.

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Outline classifications of economies by income.

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The term ________ refers to all of the goods and services produced in a country within a given year, plus the net income earned outside the country by individuals and corporations.

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__________ are said to be countries with at least a moderate level of economic development and a moderate standard of living.

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It is estimated that 652 million of Asia's people are poor and that 448 million of them live in __________.

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Summarize wealth and poverty in global perspective.

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About ______ of the world's population lives in the sixty-four low-income economies, where most people engage in agricultural pursuits, reside in nonurban areas, and are impoverished.

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The gap in global income differences between rich and poor countries has __________ over the past 50 years.

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In relation to theories of global inequality, discuss development and modernization theory.

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_________ poverty would be measured by comparing the actual income against the income earner's expectations and perceptions.

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