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Unit 10 Europe Vocabulary 1. Acid Rain – rain that can damage the

... 16. Fjord - Narrow inlet of the sea between cliffs or steep slopes; thousands of these exist in Norway 17. Free enterprise/market economy-system that lets competition among businesses determine the price of products. 18. Genocide – the elimination of a group of people based on race, religion, or som ...
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... World Bank estimates that the share of world output taken by developing countries will reach 60% by 2020, with developed world’s share down to 35%. During the Industrial Revolution in 1780 it took Britain 58 years to double output. From 1839 the USA took 47 years, from 1885 Japan ...
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Alternative Views of Development

... 3. Periphery countries: • Extensively influenced by core nations and their multinational corporations. Many times they are forced to follow economic policies that favour core nations and harm the long-term economic prospects of periphery nations. • Historically, peripheries were found outside Europe ...
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Semi-periphery countries



In world-systems theory, the semi-periphery countries (sometimes referred to as just the semi-periphery) are the industrializing, mostly capitalist countries which are positioned between the periphery and core countries. Semi-periphery countries have organizational characteristics of both core countries and periphery countries and are often geographically located between core and peripheral regions as well as between two or more competing core regions. Semi-periphery regions play a major role in mediating economic, political, and social activities that link core and peripheral areas.These regions allow for the possibility of innovative technology, reforms in social and organizational structure, and dominance over peripheral nations. These changes can lead to a semi-periphery country being promoted to a core nation. Semi-periphery is, however, more than a description, as it also serves as a position within the world hierarchy in which social and economic change can be interpreted.World-systems theory describes the semi-periphery as a key structural element in the world economy. The semi-periphery plays a vital role comparative to that of the role that Spain and Portugal played in the seventeenth and eighteenth centuries as intermediate trading groups within the European colonial empire.Today, the semi-periphery is generally industrialized. Semi-peripheral countries contribute to the manufacturing and exportation of a variety of goods. They are marked by above average land mass, as exemplified by China, India, Brazil, Mexico, and Iran. More land mass typically means an increased market size and share. Semi-peripheral nations are not all large though, as smaller countries such as Israel, Poland, and Greece exist within the semi-periphery.
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