UNIT 2

Question 1

What are the characteristics of DEPENDENCE?

Answer 1

-Product and country concentration
-Market controlled by TNCs from core countries
-Technological depende
-Deteriorating terms of trade
-Chronic imbalance and external debt

Question 2

What are the characteristics of UNDERDEVELOPMENT?

Answer 2

-External market
-Internal productive disarticulation
Vertical integration of activities
-Productive specialization
Focus of luxury consumer goods and
production for the world market

-Sectoral structural heterogeneity

Question 3

What are the origins of underdevelopment?

Answer 3

P= U+D
Underdevelopment can be attributed to peripheral capitalism, uneven development, and dependence.

Question 4

What are the results of UNDERDEVELOPMENT?

Answer 4

-Extraverted, induced, concentrating and excluding GROWTH
-Less employment
-Prone to enclave formation