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...
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
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
2
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SophiaBennett. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
