Culture
A system of beliefs, values, and assumptions about life that guide behavior and are shared by a group of people.
Culture
A business or person with the resources to produce a good or service more efficiently than another business
Comparative Advantage
What does EU stand for
European Union
Which religion was started by Siddhartha Gautama?
Buddhism
What ignited the population explosion in the early 1800's?
The Industrial Revolution
What does culture have to do with?
values and beliefs
A tax on imported goods
tariff
What's the free trade agreement between United States, Mexico and Canada called?
USMCA
What is the main point of the 4 Noble Truths?
life is full of suffering
The point at which there is not enough natural resources to support the population.
carrying capacity
How is Culture learned?
it's passed down generation to generation
to limit the number of imports from another country
quota
The spread of the flow of financial products, goods, technology, information and jobs across national borders and cultures.
Globalization
According to Shintoism what resided in every living and non-living thing, including mountains, rivers, trees, and even objects?
a spirit
The land and water required to support our lifestyle
ecological footprint
What does culture involve?
customs and traditions
True or False: a benefit to comparative advantage is countries can produce what they are best at and consumers gain access to a wider variety of goods that may be of better quality or less expensive.
True
People and nations depend on one another for resources
Interdependence
Which religion in Asia in polytheistic?
Hinduism
How much of earth’s land is farmable?
10%
What it called when we assume our culture and way of life is the norm or is superior to other cultures?
Ethnocentrism
True or False: a drawback to comparative advantage is Governments may choose to focus their resources on industries in which they have comparative advantages. As a result, there may be fewer resources for other sectors
True
What's this called?
1. Creating JOB opportunities for the poor.
2. Fair PRICES and payment to the poor.
3. No CHILD labor and no SLAVE labor.
4. Good WORKING conditions.
Fair Trade
True or False: Dharma, Karma, Samsara, and Enlightenment are the foundations of Hinduism
False: Dharma, Karma, Samsara, and Moksha
What happens to biodiversity as the population grows?
can lead to extinction