Chapter 2-

The World Today

Section 3-
The Developing World
World Economic Patterns
• Imperialism lead to many colonies producing
individual cash crops for their mother countries.
– Cash crop?
• Crops that can be sold on the world market.

• How would this affect these countries when they

break away from their mother countries?
– They only made a few products which lead to them still
being dependent on their former mother countries.
 Modernization
• What?
– An attempt to raise a nation’s stability and
standard of living.

• Two important factors:

– Setting up stable governments
– Produce high levels of goods and services.
 Modernization
• Political stability- how is this a problem for new
countries?

• Economic diversity- what does this mean and

why is it important?
– Developing nations have tried to release their
dependence on other countries by introducing
tariffs. What?
– They have also tried to privatize all of their
industries. Privatization?
 Modernization
• Education and services- a major goal of all
new countries is to increase literacy.

• Loans and Debt- how have undeveloped

countries driven themselves into debt.

• Has this modernization been successful?

 Problems of
Development
• Population explosion- better health care
has lead to longer life expectancy; this
means there has been a sudden and
dramatic rise in population in given areas.

• Urbanization- crowed cities have high

population density, or the average number
of people that live in a specific area.
 Problems of
Development
• Loss of culture- some have complained
that developing nations lose their
identity with their old culture in the
new fast paced world.

• Growing gap between developed and

developing countries have occurred
due to the struggle of modernizing.
– How?