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BCOR Module 7 Study Guide with Complete Solutions
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BCOR Module 7 Study Guide with Complete Solutions Developed Country - Answer️️ -- Economies are highly progressed, strong technological infrastructure and industrialization - High per capita income, high human development index, etc. - Consumertopia, SelfieNation Developing Country - Answ...

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  • August 27, 2024
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  • 2024/2025
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  • bcor module 7 study guide with complete solutions

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©SOPHIABENNET@2024/2025 Monday, August 19, 2024 10:32 PM


BCOR Module 7 Study Guide with
Complete Solutions

Developed Country - Answer✔️✔️-- Economies are highly progressed,
strong technological infrastructure and industrialization

- High per capita income, high human development index, etc.

- Consumertopia, SelfieNation

Developing Country - Answer✔️✔️-- Low industrialization

- Low human development index, low per capita income, etc.

- Leguppland, Emergentia

Emerging Country - Answer✔️✔️-- Some characteristics of a developed
market, but does not meet standards to be a developed

market

- CanTasteItIa, Subsistland

Spindle, Agarwal (How Cashews Explain Globalization) - Answer✔️✔️--
Cultivated in Brazil, exported by Portugal and commercialized by,
America, the snack enriched India —until Vietnam took over

- When Vietnam decided to automate their cashew processing industry,
number of jobs decreased—but those that remained were better and higher
paying




1

, ©SOPHIABENNET@2024/2025 Monday, August 19, 2024 10:32 PM

Manjoo (How to make America's Robots Great Again) - Answer✔️✔️-- US
has hit manufacturing record thanks to Chinese automation

- China has world's largest market for industrial robots

- more investments being made in China; US is lagging behind and could
result in US manufacturing jobs being offshored

- solution: US should invest more in robots, resurge robot revolution
through govt funding

Poverty, Inc. Video - Answer✔️✔️-- global poverty industry: wide range of
money-making activities that attract a large portion of their business from
the poor because they are poor

- good intentions by outsiders can in many cases make the problem worse

- some aid organizations may actually be cashing in on their concern

- problem: few pause to think what happens after they've written the check

- solution: training and help building connections to the world market
could empower a way out

Paternalism - Answer✔️✔️-when Westerners step in to patronize the poor, it
creates a system of dependence in which the so-called Third World finds it
difficult to rise above their circumstances

Colonialism - Answer✔️✔️-attempts of a country to establish settlements
and impose political, economic, and cultural principles in another territory

"Planet Money Makes a T-Shirt" - Answer✔️✔️-externalities


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