Presentation on theme: "Global Stratification"— Presentation transcript:
1Global Stratification Hierarchy of wealth, power, and influence among the countries of the world
2Cold War Terms for Global Stratification First World – rich, industrialized countriesSecond World – somewhat less industrialized, socialist countriesThird World – remaining non-industrialized, poor countries
3Current Terms for Global Strat High-Income Countriesrich because theirs were the first economies to be transformed by the Industrial Revolutionper capita income of $10,000 to $20,000 annuallytogether, countries with the most developed economies cover roughly 25% of the earth’s land area and lie mostly in the Northern Hemispheredominate the world’s scientific efforts; use the most complex and productive technologies; at the forefront of new information technologyUS, Japan, Switzerland, Canada
4Current Terms for Global Strat Middle-Income CountriesHave experienced limited industrial developmentPer capita income of $2,500 to $10,000 annuallyLimited industrialization, primarily in the city; half the people still live in rural areasRussia, Hungary, Romania, Saudi Arabia, Brazil, Algeria, South Africa
5Current Terms for Global Strat Low-Income CountriesMost people are very poor; primarily agrarian societiesPer capita income of less than $2,500 annuallyRepresents 35% of the world’s land, but 50% of its peopleBarely 25% live in cities; most live in villages and farm as their family has for many generationsStaunchly traditional; follow the folkways of their ancestorsNo industrial technologyMuch of central and eastern Africa, much of Asia
6Global Poverty Severity of poverty global income poverty in poor countries is more severe than it is in rich nations like the US in part because economic productivity is lowest in regions of the largest population growthglobal incomeHigh income countries earn 79% (18% of population)Middle income countries earn 20% (70% of population)Low income countries earn 1% (12% of population)
7Global Poverty Relative Poverty Absolute Poverty The lack of resources by some people that are taken for granted by othersRich societies tend to focus on this type of povertyA lack of resources that is life-threatening1/3 or more of people living in low income countries experience absolute povertyMedian death age can be an indicator of absolute poverty.