Marxism, Modernization, and Dependency Theory

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A set of flashcards that cover key concepts related to Marxism, capitalistic structures, environmental issues, and dependency theory as discussed in the lecture.

Last updated 12:34 AM on 4/7/26
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12 Terms

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Marxism

A sociopolitical and economic theory that asserts that classes are the defining forces in society and critiques global capitalism.

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Bourgeoisie

The capitalist class who own most of society's wealth and means of production.

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Proletariat

The working class who do not own the means of production and must sell their labor to survive.

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Historical Materialism

The idea, put forth by Marx, that history unfolds through a series of contradictions, leading towards a more rational and self-aware society.

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Mode of Production

The way that goods are produced in a given society, which influences the political and economic structure.

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Capitalism

An economic system characterized by private ownership of the means of production and the creation of goods or services for profit.

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Feudalism

A historical mode of production that was characterized by a hierarchy of lords and vassals, which eventually collapsed due to internal contradictions.

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Environmentalism

A social and political movement that seeks to address issues of environmental degradation and advocate for the protection of the natural environment.

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Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

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Dependency Theory

A theory that posits that resources flow from the periphery (poor, underdeveloped states) to the core (wealthy states), benefiting the core at the expense of the periphery.

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CUSMA

The Canada-United States-Mexico Agreement, a trade agreement designed to promote trade and economic growth among the three countries.

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USAID

The United States Agency for International Development, an agency responsible for administering civilian foreign aid and development assistance.

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