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economic development
improvement of living standards and economic health through transition from economy based on raw materials to one based on industry and services.
levels of development
traditional society, pre conditional to take off, take off, drive to maturity, high mass consumption
criticisms of rostows model
based on industrialized capitalist, democratic countries
scale and uneven development
liner progress
globalization
equal potential to develop
sustainability
legacy of colonialism
wallersteins world system theory
there is a world economic system -one large interconnected economy
core periphery model
core, semi periphery, periphery
core
economic and political dominant
strong military allies
highly interconnected transportation and communication
semi periphery
middle income countries
aspects of the core and periphery
process of industrialization
periphery
unsustainable government
less wealth, lower levels of education that core
exports natural resources to core and semi periphery
export processing zones
manufacturing zones in a country attracting investment form transnational companies and multinational companies
postindustrial landscape
U.S. manufacturing industry, no longer employs large numbers of people in factories but has people who provide services, and process info