Exploitation of natural resourcesThe exploitation or destruction of natural resources is the use of natural resources for economic growth, sometimes with a negative connotation of accompanying environmental degradation. Environmental degradation can result from depletion of natural resources, this would be accompanied by negative effects to the economic growth of the effected areas. Exploitation of natural resources started to emerge on an industrial scale in the 19th century as the extraction and processing of raw materials (such as in mining, steam power, and machinery) developed much further than it had in preindustrial areas.
20th centuryThe 20th century began on 1 January 1901 (MCMI), and ended on 31 December 2000 (MM). It was the last century of the 2nd millennium, and was marked by new models of scientific understanding, unprecedented scopes of warfare, new modes of communication that would operate at nearly instant speeds and new forms of art and entertainment. The 20th century was dominated by significant geopolitical events that reshaped the political and social structure of the globe: World War I, the Spanish flu pandemic, World War II and the Cold War.
Social capitalSocial capital is "the networks of relationships among people who live and work in a particular society, enabling that society to function effectively". It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity. Social capital is a measure of the value of resources, both tangible (e.g., public spaces, private property) and intangible (e.g.
GlobalizationGlobalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialization), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post-Cold War world.
TownA town is a human settlement where people live. It refers to the totality of human community with all the social, material, organizational, spiritual, and cultural elements that sustain it. Towns are generally larger than villages and smaller than cities, though the criteria to distinguish between them vary considerably in different parts of the world. The word "town" shares an origin with the German word Zaun, the Dutch word tuin, and the Old Norse tún.
Developing countryA developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The terms low and middle-income country (LMIC) and newly emerging economy (NEE) are often used interchangeably but refers only to the economy of the countries.
UrbanizationUrbanization (or urbanisation) is the population shift from rural to urban areas, the corresponding decrease in the proportion of people living in rural areas, and the ways in which societies adapt to this change. It can also mean population growth in urban areas instead of rural ones. It is predominantly the process by which towns and cities are formed and become larger as more people begin living and working in central areas. Urbanization is often responsible for the myriad of modern problems facing humanity.
Dutch colonial empireThe Dutch colonial empire (Nederlandse koloniale rijk) comprised the overseas territories and trading posts controlled and administered by Dutch chartered companies—mainly the Dutch East India Company and the Dutch West India Company—and subsequently by the Dutch Republic (1581–1795), and by the modern Kingdom of the Netherlands after 1815. It was initially a trade-based system which derived most of its influence from merchant enterprise and from Dutch control of international maritime shipping routes through strategically placed outposts, rather than from expansive territorial ventures.
Newly industrialized countryThe category of newly industrialized country (NIC), newly industrialized economy (NIE) or middle income country is a socioeconomic classification applied to several countries around the world by political scientists and economists. They represent a subset of developing countries whose economic growth is much higher than other developing countries; and where the social consequences of industrialization, such as urbanization, are reorganizing society.
Exploitation of labourExploitation is a concept defined as, in its broadest sense, one agent taking unfair advantage of another agent. When applying this to labour (or labor) it denotes an unjust social relationship based on an asymmetry of power or unequal exchange of value between workers and their employers. When speaking about exploitation, there is a direct affiliation with consumption in social theory and traditionally this would label exploitation as unfairly taking advantage of another person because of their vulnerable position, giving the exploiter the power.
Social ownershipSocial ownership is the appropriation of the surplus product, produced by the means of production, or the wealth that comes from it, to society as a whole. It is the defining characteristic of a socialist economic system. It can take the form of community ownership, state ownership, common ownership, employee ownership, cooperative ownership, and citizen ownership of equity.
ColonialismColonialism is a practice by which a country controls people or areas, often by establishing colonies, generally for strategic and economic advancement. There is no clear definition of colonialism; definitions may vary depending on the use and context. Colonialism is etymologically rooted in the Latin word "Colonus", which was used to describe tenant farmers in the Roman Empire. The coloni sharecroppers started as tenants of landlords, but the system evolved so they were permanently indebted to the landowner and were trapped in servitude.
Global North and Global SouthThe concept of Global North and Global South (or North–South divide in a global context) is used to describe a grouping of countries along the lines of socio-economic and political characteristics. The Global South is a term that broadly comprises countries in the regions of Africa, Latin America and the Caribbean, Asia (without Israel, Japan, and South Korea), and Oceania (without Australia and New Zealand), according to the United Nations Conference on Trade and Development (UNCTAD).
Belgian colonial empireBelgium controlled several territories and concessions during the colonial era, principally the Belgian Congo (modern DRC) from 1908 to 1960, Ruanda-Urundi (modern Rwanda and Burundi) from 1922 to 1962, and Lado Enclave (modern Central Equatoria province in South Sudan) from 1884 to 1910. It also had small concessions in Guatemala (1843–1854) and Belgian concession of Tianjin in China (1902–1931) and was a co-administrator of the Tangier International Zone in Morocco.
German colonial empireThe German colonial empire (Deutsches Kolonialreich) constituted the overseas colonies, dependencies, and territories of the German Empire. Unified in the early 1870s, the chancellor of this time period was Otto von Bismarck. Short-lived attempts at colonization by individual German states had occurred in preceding centuries, but Bismarck resisted pressure to construct a colonial empire until the Scramble for Africa in 1884. Claiming much of the remaining uncolonized areas of Africa, Germany built the third-largest colonial empire at the time, after the British and French.
United NationsThe United Nations, referred to informally as the UN, is an intergovernmental organization whose stated purposes are to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and serve as a centre for harmonizing the actions of nations. It is the world's largest international organization. The UN is headquartered in New York City (in the United States, but with certain extraterritorial privileges), and the organization has other offices in Geneva, Nairobi, Vienna, and The Hague, where the International Court of Justice is headquartered.
ExpansionismExpansionism refers to states obtaining greater territory through military empire-building or colonialism. In the classical age of conquest moral justification for territorial expansion at the direct expense of another established polity (who often faced displacement, subjugation, slavery, rape and execution) was often as unapologetic as "because we can" treading on the philosophical grounds of might makes right. As political conceptions of the nation state evolved, especially in reference to the inherent rights of the governed, more complex justifications arose.
Capital accumulationCapital accumulation is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form of profit, rent, interest, royalties or capital gains. The aim of capital accumulation is to create new fixed and working capitals, broaden and modernize the existing ones, grow the material basis of social-cultural activities, as well as constituting the necessary resource for reserve and insurance.
Primitive accumulation of capitalIn Marxian economics and preceding theories, the problem of primitive accumulation (also called previous accumulation, prior accumulation, or original accumulation) of capital concerns the origin of capital and therefore how class distinctions between possessors and non-possessors came to be. Adam Smith's account of primitive-original accumulation depicted a peaceful process in which some workers laboured more diligently than others and gradually built up wealth, eventually leaving the less diligent workers to accept living wages for their labour.
Natural resourceNatural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest, and cultural value. On Earth, it includes sunlight, atmosphere, water, land, all minerals along with all vegetation, and wildlife. Natural resources are part of humanity's natural heritage or protected in nature reserves. Particular areas (such as the rainforest in Fatu-Hiva) often feature biodiversity and geodiversity in their ecosystems.
