Social Structure and Change in Latin America

These flashcards cover key terms and concepts related to the social structure and economic changes in Latin America as discussed in the lecture notes.

State-led development

An economic model characterized by government intervention in the economy, including regulation and restrictions on foreign investment.

Import substitution

An economic policy aiming to support and grow domestic industry by reducing reliance on imported goods.

Structural Adjustment Program (SAP)

A set of economic stabilization measures and reforms advocated by the World Bank to address economic crises in Latin America.

Neoliberal globalization

A global economic model promoting free market capitalism, reducing state intervention, and encouraging private enterprise.

Urbanization

The process by which an increasing percentage of a population comes to live in urban areas, moving away from rural settings.

Subproletariat

A class of workers who are often employed in the informal sector under precarious conditions and lack job security.

Feminization of the labor force

The increasing participation of women in the labor market, often accompanied by issues of discrimination and wage inequality.

Proletarianization

The process of transforming small-scale or peasant agricultural producers into wage laborers in the capitalist economy.

Crisis of neoliberalism

A systemic crisis in a neoliberal economic model resulting in widespread social and economic inequality and instability.

Class struggle

The ongoing conflict between different classes in society, particularly between the capitalist class and the working class.