Global Stratification and Classification 2022 latest answers

• Describe global stratification

• Understand how different classification systems have developed

• Use terminology from Wallerstein’s world systems approach

• Explain the World Bank’s classification of economies

  Global Wealth and Poverty

• Understand the differences between relative, absolute, and subjective poverty

• Describe the economic situation of some of the world’s most impoverished areas

• Explain the cyclical impact of the consequences of poverty

  Theoretical Perspectives on Global Stratification

• Describe the modernization and dependency theory perspectives on global stratification