Terminology
REACHING A GENERAL AGREEMENT IS CALLED
CONSENSUS
PAY REPARATIONS
WHAT IS THE UNITED NATIONS?
The United Nations (UN) is a global intergovernmental organization where nations work together to maintain international peace and security, foster friendly relations, promote sustainable development and human rights, and uphold international law
THE STANDARDIZATION OF CONTAINERS FOR THE PURPOSE OF SHIPPING GOODS IS CALLED
CONTAINERIZATION
WHAT IS A ECCOLOGICAL FOOTPRINT
USED TO DESCRIBE THE IMPACT INDIVIDUALS HAVE ON NATURE. THE AREA OF THE EARTH'S SURFACE NEEDED TO SUSTAIN THE LIFESTYLE OF ANY GIVEN INDIVIDUAL
USED TO MEASURE THE HEALTH OF A COUNTRY'S ECONOMY AND THE PROSPERITY OF ITS PEOPLE
GDP
REDUCING COSTS BY SING SUPPLIERS OF PRODUCST AND SERVICES IN LESS DEVELOPED PARTS OF THE WORLD IS CALLED...
OUTSOURCING
WHAT WAS INTRODUCED TO CANADA DURING WWI THAT WE STILL HAVE TODAY?
INCOME TAX
WHO IS PART OF NAFTA AND VARIENTS?
CANADA, USA, MEXICO
HOW HAS TECHNOLOGY HELPED WITH ECONOMIC GLOBALIZATION/TRADE?
ADVERTISING, QUICK DELIVERY, REACHING WIDER AUDIENCES
WHO WERE THE KOGI PEOPLE?
LIVE IN THE MOUNTAISN OF COLOMBIA, SOCIETY UNCHANGED FOR 500 YEARS. BEEN THERE FOR 1000 YEARS. THEY ARE THE ELDER BROTHERS WE THE YOUNGER
WHAT ARE THE MILLENIUM DEVELOPMENT GOALS?
Agreement to work toward a world where everyone has equal opportunity
to achieve sustainable prosperity and development
SELLING A PUBLIC SERVCE TO A PRIVATE COMPANY (SERVICE IS NO LONGER OWNED BY THE GOVERNMENT)
PRIVATIZTION
WHO SAID THAT CRIPPLING GERMANY AND AUSTRIA WITH WAR DEBTS WOULD STARVE THE PEOPLE AND LEAD TO ANOTHER WAR
JOHN MAYNARD KEYNES
WHAT ORGANIZATIONS WERE CREATED AT THE BRETTON WOODS CONFERENCE (2)
WHAT ARE THE MAQUILADORAS
FOREIGN OWNED FACTORIES STRETCHING THE LENGTH OF THE BORDER BETWEEN THE USA AND MEXICO
WHAT ARE 2 ENVIRONMENTAL IMPACTS OF SHIPS AND SHIPPING?
USE BUNKER FUEL (CHEAP AND DIRTY)
CAN POLLUTE BIODIVERSITY BY DUMPNG WATER WITH MICRO ORGANISMS AND NORMAL SIZED ORGANISMS
THE HUMAN DEVELOPMENT INDEX (HDI) IS CALCULATED BASED ON 3 MAIN CATEGORIES WHICH ARE...
LONGEVITY
KNOWLEDGE
STANDARD OF LIVING
WHAT IS A FLAG OF CONVENIENCE?
A FLAG OF A COUNTRY UNDER WHICH A SHIP IS REGISTERED IN ORDER TO AVOID FINANCIAL CHARGES OR RESTRICTIVE REGULATIONS IN THE OWNER'S COUNTRY
WHAT WAS THE CONFERENCES AFTER WWII CALLED THAT KICKSTARTED ECONOMIC GLOBALIZATION?
WHAT DOES THE WORLD BANK DO
The World Bank is an international organization dedicated to ending extreme poverty and promoting shared prosperity in developing countries. It functions as a vital source of financial assistance, technical expertise, and research to help nations achieve sustainable economic development.
WHY IS THERE A WORRY ABOUT TRANSNATIONAL CORPORATIONS?
THEY MAY BECOME TOO POWERFUL (EVEN MORE POWERFUL THAN GOVERNMENTS)
DO NOT HAVE THE CONCERNS OF PEOPLE/WORKERS IN MIND
WILL MAKE THE RICH RICHER AND THE POOR POORER
WHAT INTERNATIONAL TREATY CREATED IN 1997 SET MANDATROY LIMITS ON GREENGOUSE GAS EMISSIONS?
THE KYOTO PROTOCAL
PROVIDE A POSITIVE AND A NEGATIVE OF PRIVATIZATION
POSITIVE:
Lowers taxes because the service is no longer paid for by taxpayers
The competition that results from privatization improves the quality of service and leads to lower prices
NEGATIVES:
Makes services more expensive because private companies must make a profit
government -run services meet the needs of ALL citizens, not just those who can afford to pay for them
WHAT IS A KNOWLEDGE ECONOMY?
BUSINESS AND INDIVIDUALS THAT USE EDUCATION, RESEARCH, AND NEW IDEAS AS THE MAIN ECONOMIC DRIVER
EXPLAIN THE INVISIBLE HAND AND TELL ME WHO CAME UP WITH THE IDEA
The invisible hand is a metaphor by Adam Smith describing how individuals pursuing their own self-interest in a free market unintentionally benefit society as a whole, as if guided by an unseen force to create efficient economic outcomes like fair prices and needed goods without central planning (supply and demand)
WHAT DOES THE WORLD TRADE ORGANIZATIO DO
The World Trade Organization (WTO) is the only international organization that deals with the rules of trade between nations. Its primary purpose is to ensure that trade flows as smoothly, predictably, and freely as possible to help raise living standards and create jobs worldwide.
EXPLAIN WHAT FREE TRADE IS INCLUDING THE MENTIONING OF AT LEAST 2 BARRIERS TO TRADE
free trade is when countries trade with each other without BARRIERS/ interference, meaning no taxes (tariffs) or limits (quotas) on imported/exported goods, making them cheaper and easier to buy and sell globally, fostering competition, specialization, and economic growth
WHAT ARE THE TWO MAIN BARRIERS FOR THE IMPLEMENTATION OF RENEWABLE ENERGY?
NOT CONTINUOS
NAME AND EXPLAIN ONE OTHER METRIC WE DISCUSSED TO REPRESENT A COUNTRY'S PROSPERITY
VARIOUS