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After several decades of development programs sponsored by the World Bank and the United Nations, global poverty __________.


A) ​has been virtually eliminated
B) ​has decreased considerably within countries
C) ​remained essentially at the same levels
D) ​continued to increase

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According to __________, poorer nations cannot pursue their own economic and human development because they are trapped in a cycle of reliance on the richer nations for infusions of foreign capital and external markets for their raw materials.


A) ​modernization theory
B) ​world systems theory
C) ​dependency theory
D) ​new international division of labor theory

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The terms used to describe global stratification and economic inequality are the same today as they were 60 years ago.

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__________ poverty is measured by comparing personal or household income or expenses with the cost of buying a given quantity of goods and services.


A) ​Relative
B) ​Subjective
C) ​Standard
D) ​Absolute

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The movement of jobs and economic resources from one nation to another is termed __________.


A) ​divestment
B) ​capital flight
C) ​south-to-south migration
D) ​deskilling

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_________ poverty is measured by comparing the actual income against the income earner's expectations and perceptions.


A) ​Absolute
B) ​Relative
C) ​Standard
D) ​Subjective

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The __________ measures the degree of income inequality within a country. The measure ranges from zero (meaning that everyone has the same income) to 100 (meaning that one person receives all the income) .


A) ​Helmicki coefficient
B) ​Georgia equation
C) ​Gross domestic inequality
D) ​Gini coefficient

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Global stratification_________________________________________.


A) ​involves the unequal distribution of wealth, power, and prestige on a worldwide basis
B) ​results in some countries being more democratic than others
C) ​ultimately ends up with people having remarkably similar lifestyles and life chances
D) ​refers only to inequality among the nations of the world

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The term __________ refers to material well-being that can be measured by the quality of goods and services that may be purchased by the per capita national income.


A) ​standard of living
B) ​absolute poverty
C) ​relative standard
D) ​gross national income (GNI)

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According to __________, the low-income, less-developed nations can improve their standard of living only with a period of intensive economic growth and accompanying changes in people's beliefs, values, and attitudes toward work.


A) ​the new international division of labor theory
B) ​modernization theory
C) ​dependency theory
D) ​world systems theory

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Almost all commodity production today involves a producer-driven commodity chain.

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A condition in which people do not have the means to secure the most basic necessities of life is called __________.


A) ​standard poverty
B) ​absolute poverty
C) ​relative poverty
D) ​subjective poverty

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Probably the most affected by poverty in low-income economies are __________.


A) ​women and children
B) ​adult men and women
C) ​aged men and women
D) ​aged women

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Explain the new international division of labor theory, including descriptions of the two types of global commodity chains.

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The only significant group of middle- and lower-income economies to close the gap with the high-income economies over the past few decades has been the nations of __________.


A) ​East Asia
B) ​Latin America
C) ​West Africa
D) ​Europe

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Dependency theory has little or no relevance for the economic growth and development in __________.


A) ​East Asia
B) ​Africa
C) ​South America
D) ​Central America

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Throughout the world, even in remote and rural areas, people are benefiting from the economic development of low- and middle-income countries.

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A Gini coefficient of 0 means that________________________________.


A) ​there is no income inequality in the country; everyone has the same income
B) ​a country has complete inequality; that is, one person receives all of the income
C) ​there is a lack of sufficient data with which to compute income inequality
D) ​there is a negative gross national income

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__________ refers to the closing of plants and factories because of their obsolescence or because workers in other nations are being hired to do the work more cheaply.


A) ​Reindustrialization
B) ​Capital flight
C) ​Decapitalization
D) ​Deindustrialization

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The United States, Canada, Japan, Great Britain, Australia, and New Zealand are examples of __________ nations.


A) ​Third World
B) ​Second World
C) ​First World
D) ​Fourth World

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