(Q001) Which statement MOST accurately describes the general movement of countries across the four classes established by the World Bank to measure global inequality?
Overall movement of countries across the board has been in an upward direction.
Which of the following is true about the relationship between the technology gap and global inequality?
Which of the following is true about the relationship between the technology gap and global inequality? …
The technology gap reinforces preexisting economic disparities
, making it increasingly difficult for poor countries to participate in the global system on equal terms with rich countries.
Which statement most accurately describes the general movement of countries across the four classes established by the World Bank to measure global inequality?
(Q001) Which statement MOST accurately describes the general movement of countries across the four classes established by the World Bank to measure global inequality?
Overall movement of countries across the board has been in an upward direction.
What refers to the control of Developing Societies by more developed powerful societies?
Colonialism
. This phenomenon refers to the direct political control of developing societies by more powerful, developed societies.
What process which began in the 1970s resulted in rising inequality within high-income countries?
Among high-income countries, inequality generally declined during much of the twentieth century. What process, which began in the 1970s, resulted in rising inequality within high-income countries?
robots and computers
.
What is poverty according to World Bank?
World Bank: Poverty is pronounced deprivation in well-being, and comprises many dimensions. It includes
low incomes and the inability to acquire the basic goods and services necessary for survival with dignity
.
Who is considered poor according to the World Bank?
Based on information about basic needs collected from 15 low-income countries, the World Bank defines the extreme poor as
those living on less than $1.90 a day
.
How has technology helped globalization?
Technology is the vital force in the modern form of business globalization. … Technology has helped us in overcoming the major hurdles of globalization and international trade such as trade barrier, lack of common ethical standard, transportation cost and delay in information exchange, thereby changing the market place.
Is technology contributing to increased inequality?
Rising inequality
The hypothesis proposed by the researchers is that the
new technology allowed the more productive workers to be even more productive
, thus widening the income gap between them. This is common with most new technologies, as it tends to improve the relative position of skilled workers.
How does technology increase gap between rich and poor?
Our recent staff research finds that new technology risks widening the gap between rich and poor countries
by shifting more investment to advanced economies where automation is already established
.
What are the three worlds of global stratification?
Simply put, they were named “first world, “second world,”
and “third world
.” First and second world described industrialized nations, while third world referred to “undeveloped” countries (Henslin 2004).
Which country most likely has the highest level of development?
The Human Development Index
Most developed countries have HDI figures above 0.8. The United Nations, in its annual HDI rankings, reports that in 2019,
Norway
had the world’s highest HDI at 0.954. The United States ranked 15th at 0.920.
How does Modernisation contribute to development?
Modernisation theory underpinned the idea of development as growth, with modernisation defined as
a linear path towards a developed industrial society
. Economic development through industrial transformation would lead to economic growth, allowing poorer countries to catch up with industrial countries.
What is the main reason for global inequality?
historical processes such as wars, industrialisation, colonisation, as well as current trade arrangements, financial systems and global politics impact inequality between nations,
individuals and groups
within countries.
Which factors have led to an increase in income inequality?
Many factors explain the rise of income inequality. Some are
economic
, such as the role of technology in the globalising economy; others are social, such as shifts in who people marry; and some relate mainly to the rising incomes of top earners.
What are some inequalities in the world?
- 1 – Access to healthcare. …
- 2 – Economy. …
- 3 – Political stability. …
- 4 – Basic human rights and equality. …
- 5 – Geography. …
- 6 – Education and access to information. …
- 7 – Access to water, food, and sanitation facilities. …
- Now let’s look at the world as if it was made up of 100 people:
