Sustainability
List 3 ways to reduce your ecological footprint.
What is: Eat less meat, use less water, buy local products, recycle, avoid single-use plastics, eco-friendly transportation, etc.
This concept means meeting today’s needs without harming the ability of future generations to meet theirs.
What is sustainability?
This trade agreement, signed in 2018 to replace NAFTA, governs commerce between the United States, Mexico, and Canada.
What is the USMCA (United States-Mexico-Canada Agreement)?
This term refers to buying and selling goods or services over the internet.
What is e-commerce?
This German leader rose to power in the 1930s and led the country during World War II.
Who is Adolf Hitler?
This type of economy is based on the production and use of knowledge and information rather than physical goods.
What is the Knowledge Economy?
This international treaty aimed to reduce greenhouse gas emissions and combat global warming by setting binding targets for industrialized countries.
What is the Kyoto Protocol?
This term measures how much land and water area a person or population needs to produce the resources they use and absorb their waste. In other words, it describes the load we impose on nature.
What is ecological footprint?
Held in 1944, this meeting established the International Monetary Fund (IMF) and the World Bank to help rebuild the global economy after World War II.
What is the Bretton Woods Conference?
These are economic or political penalties a country uses to punish or pressure another country, often by restricting trade or financial transactions.
What are sanctions?
This period in the 1930s, known as ________, was a time when millions of people lost their jobs, banks closed, and the economy struggled in the United States and around the world.
What is The Great Depression?
This term describes when a government sells or transfers ownership of a business or service to private individuals or companies.
This term means taking care of natural resources wisely to protect the environment for future generations.
What is stewardship?
This densely populated South Asian country has one of the world’s lowest ecological footprints per person, despite its large population.
What is Bangladesh?
This organization provides short-term financial assistance to countries facing balance of payments problems to help stabilize their economies.
What is the International Monetary Fund?
In this social/economic system, there is no private property, and the government owns everything so that all people are treated equally.
What is communism?
Signed in 1919, this treaty officially ended World War I and placed full blame for the war on Germany, leading to harsh reparations and lasting resentment.
What is the Treaty of Versailles?
This term refers to the process of removing or reducing tariffs, quotas, and other barriers to allow freer trade between countries.
What is trade liberalization?
List 3 risks that workers face when working to dismantle ships.
What is:
Toxic substances (like asbestos, lead, and PCBs), Risk of injury, Hazardous dust/fumes, fires/explosions, poor working conditions, lack of health care, Inadequate training or safety protocols, Cancer/diseases, etc.
This measures the total value of all goods and services produced within a country’s borders in one year.
What is Gross Domestic Product (GDP)?
This institution’s main goal is to provide long-term loans to developing countries for projects like building infrastructure and reducing poverty.
What is the World Bank?
This British economist argued that during economic downturns, governments should spend more money to help the economy recover.
Who is John Maynard Keynes?
World War II began in 1939 when Germany invaded this country, causing Britain and France to declare war.
What is Poland?
Ray Kroc first learns about McDonald’s when he sells this product.
What are milkshake mixers?
This index combines life expectancy, education, and income to measure a country’s overall social and economic development.
What is the Human Development Index?
Founded in 1988, this international body assesses scientific information related to climate change to inform policymakers worldwide.
What is the Intergovernmental Panel on Climate Change (IPCC)
This international organization helps countries negotiate trade agreements and resolve trade disputes to promote free and fair global commerce.
What is the World Trade Organization (WTO)?
This economist warned against government control of the economy and believed that free markets best promote individual freedom.
Who is Friedrich Hayek?
This leader promised “peace, land, and bread” to gain support during the Russian revolution.
Who is Vladimir Lenin?
This practice involves hiring another company, often in a different country, to do work or provide services that were previously done in-house.
What is outsourcing?