Watching the video Life and Debt allows us the opportunity to examine how economics can create an almost slave like dependency situations for developing countries.
The shackles of debt through the devaluing of currency, loan restrictions, and unequal trade balances created by the IMF places Jamaica in the center of a spiral of despair.
Jamaica isn't the only country caught in this negative relationship. Many of the poorer developing countries throughout the world are in similar circumstance.
The question asked was, 'Why are you here?' The answer is becoming more evident as we explore how the living conditions in many countries makes it nearly unlivable.
This site is dedicated to Mr. Watkins' CAS 331 African History class. It will be a summary of the more important concepts studied in the class, and a resource for tests, presentations and assignments.
Thursday, April 4, 2013
Jamaica's life and debt
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