Unequal distribution of wealth means that land and money are controlled by Quizlet

Read the passage below from Olaudah Equiano's autobiography:

I was soon put down under the decks, and there I received such a salutation [greeting] in my nostrils as I had never experienced in my life: so that, with the loathsomeness [horribleness] of the stench and crying together, I became so sick and low that I was not able to eat. I now wished for the last friend, death, to relieve me; but soon, to my grief, two of the white men offered me eatables [food]; and on my refusing to eat, one of them held me fast by the hands, and laid me across I think the windlass [a part of the ship], and tied my feet, while the other flogged [beaten or whipped] me severely.

What most accurately describes the narrator's circumstance?

Read the passage below from Olaudah Equiano's autobiography:

I was soon put down under the decks, and there I received such a salutation [greeting] in my nostrils as I had never experienced in my life: so that, with the loathsomeness [horribleness] of the stench and crying together, I became so sick and low that I was not able to eat. I now wished for the last friend, death, to relieve me; but soon, to my grief, two of the white men offered me eatables [food]; and on my refusing to eat, one of them held me fast by the hands, and laid me across I think the windlass [a part of the ship], and tied my feet, while the other flogged [beaten or whipped] me severely.

What most accurately describes the narrator's circumstance?

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i. Less available arable land (that can be farmed).

ii. Most poverty is in Sub-Saharan Africa.

iii. Inadequate rainfall in some areas without irrigation infrastructure.

iv. African resources were looted long ago by European colonial forces.

v. Civil wars, artificial colonial borders, and corrupt leaders (Colonial strategy: Divide and Rule).

Example: Belgians invaded Rwanda in 1915, divided the population into two rival groups, dominant minority of Tutsis and dominated majority of Hutus.

When the Belgians left in the 1960s, the dominated Hutu majority revolted against the dominant Tutsi minority, and seized power.

In 1994, about 800,000 Tutsis were killed by the Hutus in less than three months, in a genocidal attempt to eradicate them. However, the Hutu perpetrators fled the country, which is now ruled by the Tutsi again.

i. Some countries are much better off (Mexico and Brazil) than others (Paraguay, Peru, and Argentina).

ii. A lot of the problem is caused by usurious loans (with high interest rates) exacted by high-risk speculative investors.

iii. Internal political struggle, illegal drug trafficking, and corrupt governments.

iv. Example: Argentina

- In 2000, they tried to solve the problem of hyperinflation by fixing their currency (Peso) to the US dollar.
- The move hurt the nation in becoming less competitive in the world market (their products became expensive).
- This led to chronic deficits, which were financed by massive borrowings from usurious loans from global bankers, high-risk investors, and governments.
- Interests paid on these loans made Argentines as de facto slaves, to the extent that people felt that there was no money in the country any more.
- This led to financial panic, riots, and the resignation of the president, in 2001.

i. Symbolic interactionists focus on the study of day-to-day impact of global inequality, such as the meanings individuals attach to global stratification, and the subjective nature of poverty.
ii. Poverty may be understood differently, in different categories of countries, thus we may differentiate between relative poverty (in core nations), absolute poverty (in peripheral nations), and subjective poverty.
iii. Example of a symbolic interaction study:

In her book, "Factory Girls: From Village to City in Changing China," Leslie T. Cang examines the daily lives and interactions of two Chinese women, Min and Chumming, their workplace friendships, family relations, gadgets, and goods.