An assignment on Economic Inequality and Class Vulnerability in the 3rd World Countries

 Table of Contents

1.1.      Introduction

1.2.      Meaning of Term

1.2.1.   Inequality

1.2.2.   Economic Inequality  

1.2.3.   Class   

1.2.4.   Vulnerability  

1.2.5.   Third World Country 

1.3.      Theory about Economic Inequality and Class Vulnerability 

1.3.1.   World System Theory by Immanuel Wallerstein      

1.3.2.   Modernization Theory by Rostow    

1.3.3.   Theory of Class Vulnerability

1.2.3.1. Karl Marx      

1.2.3.2. Max Weber   

1.4.      Sector of Economic Inequality and Class Vulnerability        

1.4.1.   Economic inequality and class vulnerability in Bangladesh 

1.4.2.   Labour Force Participation in Afghanistan   

1.4.3.   Poverty by Population Group in South Africa          

1.4.4.   Poverty in Sri Lanka  

1.4.5.   Unemployment Inequality in Bhutan

1.5.      Causes of Economic Inequality in 3rd World Countries       

1.6.      Impact of Economic Inequality         

1.7.      Recommendation to Overcome Economic Inequality           

1.8.      Conclusion   

Introduction:

Sociologists stated that society as a stratification system which is based on a hierarchy of power (the ability to direct someone else’s behavior), privilege (honor and respect), and prestige (income, wealth, and property), which leads to patterns of social inequality. Economic inequality refers to relational processes in society that have the effect on wealth, economy and power. Social inequality is typically tied to race, gender, and class, with whites, males, those with higher education levels, and those....

Causes of Economic Inequality in 3rd World Countries

1. Social Causes

2. Wealth Concentration

3. Sickness

4. Idleness and Extravagance

5. Demoralization

6. Backwardness of Agriculture

7. Slow and Defective Industrialization

8. Unequal Distribution

9. Unwise Economic Policy

10. Political Causes

11. The Labor Market.................