Chapter 2- Section 3

Chapter 2The World Today Section 3The 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?