AP HuG Social and Economic Development Vocab and Concepts

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Economic dependence on agricultural and mineral exports

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Commodity dependency

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Capitalist, developed, industrialized countries

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core

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Theory with a 3-tier structure linking social change in developing countries to economic activities in developed countries (Wallerstein)

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World Systems Theory

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Model explaining global inequality through historical exploitation of poor nations by rich nations.

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Dependency Theory

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Countries with median living standards; newly industrialized.

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Semi-Periphery

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Sustainability is the ability to

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meet current needs without compromising future generations' ability to meet theirs.

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Service providing medical care

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healthcare

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Economic development model with 5 stages of development

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Modernization Model

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Less developed countries are in __________ stages of development

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beginning

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Countries with favorable social and economic factors are

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more developed