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The concept of the potlatch, the extravagant feast and display and often even the destruction of wealth or possessions (to show that one can afford to) characteristic of the Kwakiutl Indians of the Pacific Northwest, is analogous to the modern concept of:
Infant Mortality
The death of a child under the age of one year, often measured as the infant mortality rate per thousand live births, indicating a society's health status.
Multinational Corporations
Corporations that conduct business across national borders.
Peripheral Nations
Countries that are not dominant in the global economy, often characterized by lower levels of industrialization, weaker institutions, and lower living standards compared to core nations.
Colonialism
System by which Western nations became wealthy by taking raw materials from other societies (the colonized) and reaping profits from products finished in the homeland.
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