Exam 10: Development and Underdevelopment

Chantelle argues that development in the Global South is being hindered by the unequal exchange between the developed countries and the countries seeking to develop.Which approach provides a basis for her position?

What effect did structural adjustment programs (SAPs)have on developing countries?

Canada was initially a collection of colonial colonies until it achieved its independence in 1867.How did Canada become a prosperous country in spite of its colonial past?

Why was estate agriculture more of an impediment to development than were agrarian structures dominated by small family farms?

Policies associated with neoliberalism have succeeded in some places.Where has some success been acknowledged in a limited sense?

The assumption of neoliberalists is that demand for labour,capital,and commodities will equal supply if there is no interference.

What were structural adjustment programs (SAPs)? How did they work and what were the results?

A big winner in the global neoliberal economy is Mexican Carlos Slim,who,in 2007,was declared to be richer than Bill Gates.

Julianne argues that the solutions to economic problems in a country can be found in the private market.Which economist does her assertion reflect?

Structural adjustment programs (SAPs),sponsored by the World Bank and the International Monetary Fund,were introduced to assist with economic growth in the Global South.What kind of successes have these programs had?

Discuss the successes and the drawbacks inherent in China's economic growth.Explain how economic development does not necessarily lead to prosperity for all.

The idea that the Third World is underdeveloped because the countries were already backward or savages at the time of colonial contact is a socially constructed myth.

The text asserts that approximately 95 percent of the New World's population was decimated within a short time after contact with Europeans.How did this happen?

According to Paul Bairoch,which countries were the largest industrial powers in 1830?

When significant numbers of young people in India give up on their traditional beliefs and practices and embrace Western values,which development theorists would conclude that the country is moving in the right direction?

What name is given to an economic system that relies on protected markets and trade monopolies within the market?

According to Andre Gundar Frank,what effect did the development of capitalism have on the Global South?

Why was estate agriculture in the Global South a bigger impediment to development than small family farms were?

Dependency theorists assume that the economic backwardness of countries in the Global South is due to the inability of citizens to adopt the work ethic,mindset,and virtues of the developed North.

Although more people in India might have higher incomes as a consequence of neoliberalism,which aspects of living are not captured by economic indicators of well-being?