organizations
A system of rules, institutions and procedures for post war global economy.
What is the Bretton Woods Agreement
What is knowledge economy?
What is the use of knowledge to produce economic benefits
what type of person believes in government ownership, little freedom of choice, and government decision of your job?
what is a communist?
What did Milton Friedman believe in and what kind of economist is he?
What is he believed in more freedom with less government involvement, he was a capitalist
Meant to increase individual wealth and competition
What is Capitalism?
what organization works along side the world bank to bring stability and expand trade?
what is IMF?
what is economic development that is conducted without the depletion of natural resources?
what is sustainable development?
Apple, Microsoft, and General Motors are all an example of...
What is Multinational Corporations?
What is GATT
What is an international agreement aimed to reduce trade barriers among member countries.
Outsourcing?
What is the hiring of a company by another company to perform tasks?
what is the process of reducing barriers for free trade?
what is trade liberalization?
what is increasing interdependence of world economies as a result of the growing scale of cross-border trade?
what is economic globalization?
What does the WTO work to improve?
What is works to improve trade relations among the world's countries by removing tariffs and other barriers
Benny went to college for 4 years to then work for a government organization
What is Knowledge Economy?
The process of reducing barriers for free trade
What is trade liberalization
The Father of Keynesian economics?
What is John Keynes?
An agency of the UN
What is World Bank?
what is the sale of government owned services and industries to private businesses?
what is privatization?
What did John Maynard Keynes and what kind of economist was he?
What is he believed in some government involvement while still allowing a free market, he was a welfare capitalist.