An agreement signed after WWII to regulated trade and rebuild economies.
What is the Bretton Woods Agreement?
HIPC’s (Heavily Indebted Poor Countries) are encouraged to sell government owned businesses if they would like to receive loans. Selling public owned business is also known as this.
What is privatization?
Name three crown corporations that were setup by the government.
What are Air Canada, the CBC, and Canada Post?
What are three things that lead to economic globalization?
What are:
TRADE AGREEMENTS/LIBERALIZATION
INTERNET/TECHNOLOGY
CONTAINERIZATION
This is when more people move to the city. As a result there is less land to grow food, poor air quality and more waste.
What is urbanization?
This organization encourages trade liberalization.
What is the WTO?
This free trade agreement moved jobs from Canada and Us to Mexico.
What is NAFTA?
"Foreign ownership is something that should be highly monitored, economies belong to the people of that country not by foreigners." This is an idea that is most likely held by an ... ?
Someone who is a teacher, doctor, professor is part of the ___________ economy, as opposed to an economy based off of physical labour or extraction of resources
What is knowledge?
230 miles from the coast of any country where only that nation has the rights to make money.
What is an EEZ?
This organization provides loans to poor countries. Countries have to reduce debt and corruption to get a loan.
What is the IMF?
To help farmers in Canada stay in business one tool the government might use this. This is financial aid from governments to business in the form of taxes, loans ect.
What are subsidies?
This organization was set up to monitor foreign investments in Canada.
What is FIRA?
Companies like Gap, Nike and Disney are all known for their use of these in the production of their products.
What are sweatshops?
Harsh climates break down rocks and soil.
What is erosion?
The world bank and the IMF are both agencies of this international organization.
What is the United Nations? (the UN)
This form of shipping has substantially increased global trade.
What is Containerization?
When we ___________ we allow the market to determine the price of goods not the government because under this system the government is opening an industry to more competition by removing government control.
What is Deregulate?
__________ ethics encourages us to think about the environment from an ecological standpoint rather than a human standpoint.
What are ecological?
When agriculture turns into big business and companies start huge farms.
What is agribusiness?
This war was about ideologies of capitalism and communism between the United States and the Soviet Union.
What is the Cold War?
This increases opportunities for foreign investment in a country. It also removes barriers to trade by reducing tariffs and quotas.
When the government deregulated the energy industry prices for electricity went ____?
What is Up?
Sometimes we choose economic prosperity over development that will allow later generations to have the resources they need. If we develop resources this way, it is called ____________ development.
What is sustainable?
Who would win in a fight, Batman or Ironman?
Batman obviously.