Terminology
selling a public service to a private company so that the service is no longer controlled by the government
What is privatization
When two countries agree to eliminate all tariffs and taxes on goods and services traded between them
What is free trade
The great salt march is a legacy of what?
What is imperialism in India
The red cross is an example of this
What is foreign aid
a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive
What is a subsidy
The level of material well-being enjoyed by a person
What is standard of living
A large business that produces products or services in more than one country
What is a transnational/multinational corporation
What is the Bretton Woods Agreement
Something someone is remembered for; what we leave behind after we're gone; something important left behind by others
What is a legacy
the load people impose on nature; represents the area of the earth's surface necessary to sustain the level of resources you use and the waste you create
What is ecological footprint
Meeting our own needs without compromising the ability of future generations to meet their own needs
Believed that governments should set up programs to hire the unemployed as this would ensure that people had money to spend which would generate more demand.
Who is John Maynard Keynes
A call on countries to reduce their greenhouse gas emissions. Each country had a target that was specific to their needs as a country.
What is the Kyoto Protocol
The merging of large communications corporations so that control of media is held in the hands of only a few companies
What is media concentration
DAILY DOUBLE When a ship is registered in a country that's not its own.
What is flags of convenience
NGOs, modern globalization, confrontation and military responses, and foreign aid are all responses to what?
What is historical globalization
DAILY DOUBLE Mistrusted government roles; the government should protect the market by ensuring that its rules and laws do not interfere with competition between businesses.
Who is Friedrich Hayek
Sally is living in a developing nation. She has the choice of working for her family or going to school. Sally chooses to go to school despite her family's opinion against it. What is Sally exercising here?
What is human rights (right to education)
The process by which cultures become more alike in terms of values, attitudes, beliefs, customs, language and traditions
What is homogenization
When a country invests outside of it's own country. This could be for things such as manufacturing, retail purposes, or the opportunity to invest in raw materials.
Eurocentrism, the rise of capitalism, industrialization and Imperialism are the four foundations of what?
What is globalization
This agreement between members agreed to gradually eliminate tariffs and other trade barriers between themselves. A new organization has emerged from this agreement.
What is GATT (General Agreement on Tariffs and Trade)
DAILY DOUBLE The three main pieces to sustainability
What is economic growth, environmental stewardship, and social progress
The process by which the world's citizens are becoming increasingly interconnected and interdependent
What is globalization