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Global Economic Systems: From...
Chapter Overview

PART I: CHAPTER OUTLINE

    I. Development of the World Trading Order
      A. The Bretton Woods Conference
      B. Free Trade

    II. Global Inequity
      A. Measuring the Quality of Life
      B. Third World Poverty
      C. Transnational Corporations

    III. Development and Solving Global Problems
      A. Definitions of Development
      B. Theories of Development
      C. The World Bank and Third World Debt
      D. Development During the Cold War
      E. The Current Situation
      F. The Changing Nature of Work

    IV. Economic Issues in the United States
      A. The United States and Global Trade
      B. The Wealth Gap--A Threat to the American Way of Life
      C. America's Response to the Global Economy
      D. Poverty
      E. Wealthfare, Welfare, and Welfare Reform

    V. Assessing the Situation
      A. Sustainable Development
      B. Development and Human Rights
      C. The U.S. Constitution and Economic Issues
      D. The Global Economy,br> E. Theoretical Considerations

    VI. Summary

    VII. Thinking Critically

    PART II: LEARNING OBJECTIVES

    1. To be able to describe the mechanisms designed at the Bretton woods Conference that were meant to promote economic stability.
    2. To understand why quality of life does not perfectly correlate with gross domestic product.
    3. To describe the dynamics by which transnational corporations increase poverty in the Third World.
    4. To contrast modernization theory with dependency theory.
    5. To understand the role of the World Bank in increasing poverty in the Third World.
    6. To describe the economic ramifications of the Cold War.
    7. To identify the ways in which workers in the U.S. have lost ground since the 1970s.
    8. To know the real causes of downsizing.
    9. To identify the reasons for the increase in stratification in the United States.



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