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Global Stratification: Hierarchy of Wealth, Power, and Influence Among The Countries of The World
Global Stratification: Hierarchy of Wealth, Power, and Influence Among The Countries of The World
Example of Bangladesh
Stratification in World
System
Facts
Terminology of Stratification
A familiar model for describing global
stratification developed after world
war 2.
Rich industrial countries were
labelled as first world.
Less industrialised socialist countries
were second world.
Non-industrialised poorer countries
were Third world.
Global Differences
Relative vs Absolute
Poverty
The lack of
resources by some
people that are
taken for granted
by others
Rich societies tend
to focus on this
type of poverty
A lack of resources
that is lifethreatening
1/3 or more of people
living in low income
countries experience
absolute poverty
Median death age
can be an indicator
of absolute poverty.
Slavery
Many societies ended slavery after
industrial developments. British empire
banned slavery in 1833 and USA banned in
1865.
In poor nations, 400 million, (7% of
humanity) live in poverty.
Chattel: one person owns another person.
Child slavery: poor families sell their
children.
Debt bondage: to be slave for paying debts
Servile marriage: marriage against will
Human trafficking: trading the people
Theoretical Analysis
Modernization Theory
Economic development is a process
by which traditional societies become
more complex.
To develop, countries must embrace
new technologies and market driven
values.
Poverty results from adherence to
traditional values and customs that
prevent competition in a modern
global economy.
Importance of Culture
Rostows Stages of
modernization
Dependency Theory
Exploits the least powerful nations to
the benefit of wealthier nations.
Poverty of the low-income countries
is a direct result of their political and
economic dependence on the
wealthy countries.
Role of Colonialism
Situation of Pakistan
No Capitalism, No Socialism