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This summary addresses two significant problems that Third World nations encounter: the struggle for political and economic stability, and the challenges posed by loans and debt. Many developing nations grapple with unstable governments due to historical colonial borders and the dependency on cash crops, exacerbated by the influence of imperialism. They also face mounting debt from loans intended for modernization, often resulting in no real progress as funds are consumed by interest payments. This reflects the complexities of achieving development and urbanization in the modern era.
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The World Today The Developing World
Now Statement • Write down two problems Third World nations face and explain why.
Agenda • Now Statement • Homework: Population Handout/Test Thursday. • Shaping the Industrial World Presentations • If Time: World Economic Problems, Modernization, Loans and Debt, Problems of Development, Urbanization • Review
Review • How did imperialism impact the third world? • What is modernization and how will the third achieve this? • What caused the population boom? • How is that impacting our natural resources?
The World Today The Developing World
Agenda • Review World Populations and Resources Article • Homework: Test Thursday. • Shaping the Industrial World Presentations • World Economic Problems, Modernization, Loans and Debt, Problems of Development, Urbanization • Review
World Economic Problems • Imperialist Nations encouraged the third world to grow Cash Crops. • Developed nations imported raw materials to the third world and exported manufactured goods=Dependency
Modernization • Third world nations wanted stable governments and economic prosperity. • Political Stability-Colonial Borders • Economic Stability-decades behind west in development and privatization • Education-Literacy Problems
Loans and Debt • Third World borrowed money for modernization. • Use all income to pay back just interest on loans= no progress.
Problems of Development • What caused the Population Boom? • Need to work land and better Medicine • What is Urbanization? • Growth of Cities
Review • How did imperialism impact the third world? • What is modernization and how will the third world achieve this? • What caused the population boom? • How is that impacting our natural resources?