North-South Divide Soviet Union and its eastern European • It is broadly considered a socio- satellites, yet it often included poor economic and political divide. communist states located elsewhere. • Global North: United States, Canada, THIRD WORLD: defined as the non- Western Europe, Australia, and New aligned world and the global realm of Zealand poverty. • Global South: Africa, Latin America, developing Asia including the Middle Asian Regionalism East • The product of economic interaction, not political planning. GLOBAL NORTH • Asian economies are becoming closely • Mostly covers the West and the First intertwined. World, along with much of the Second • Interdependence is deepening World because Asia’s economies have grown • Richer and more developed large and prosperous enough to • 95% has enough food and shelter become important to each other, and • As nations become economically because their patterns of production developed, they may become part of the increasingly depend on networks that “North”, regardless of geographical span several Asian economies and location involve wide ranging exchanges of parts and components among them. GLOBAL SOUTH • Largely corresponds with the Third REGIONALISM World Process of dividing an area into smaller • Poorer and less developedn segments called regions. (e.g. Division • Lacks appropriate technology, no of nation into states or provinces) political stability • Any nations that do not qualify for As to nature: dividing the area into “developed” status are in effect deemed smaller segments to be part of the “South”. As to market: monopolies are likely to develop Three Worlds Theory: As to culture: does not support this As to aid: does not get involved in the FIRST WORLD: encompassed all affairs of other areas industrialized, democratic countries, As to technology: rarely advance which were assumed to be allied with the United States in its struggle against the Soviet Union. GLOBALIZATION Process of international integration arising from the interchange of world views, products, ideas, and other aspects, such as technology, etc.
As to nature: promotes the integration of
economics across state borders all around the world. As to market: allows many companies to trade on international level. As to culture: accelerate to multiculturalism As to aid: willing to give aid to other country As to technology: advance