Terms
An economic system where businesses compete freely with little government control.
capitalism
The sharing of ideas, values, and information across the world through technology.
communication technology
The dramatic decrease in population caused by disease, war, or famine.
depopulation
The buying and selling of goods and services across international borders.
economic globalization
A group of people connected by shared values and cooperation, not just location.
a community
A system where major industries are owned and controlled by the state.
communism
The process where a minority culture adopts some traits of a dominant culture while still keeping parts of its own.
acculturation
This economic measurement is used to compare the value of goods and services produced by a country.
GDP (Gross Domestic Product)
The process of selling government-owned businesses to private companies.
privatization
The overall well-being of people, including health, education, and environment.
quality of life
A tax placed on imported goods to protect domestic industries.
tariffs
This term describes the worldwide spread of music, fashion, movies, and trends.
pop culture
The movement of people, goods, plants, animals, and diseases between continents after European contact.
the Columbian Exchange
A system where ships are registered in countries with weaker laws to save money.
flags of convenience
A difference in access to information, technology, and education between groups.
the communication gap
The process of protecting and managing resources responsibly.
stewardship
A language at risk of disappearing because fewer people speak it.
endangered language
An organized system where one country controls another for economic or political gain.
imperialism
The gap between people who have access to resources and wealth and those who do not.
the resource gap
The awareness of global issues and how personal actions affect others worldwide.
global awareness
An organization that works to improve children’s health, education, and safety worldwide.
UNICEF?
This term describes people or countries intentionally avoiding global communication and media.
techno-isolation
This Canadian agreement between the government and Indigenous nations involved land exchange for promises.
the Numbered Treaties
This idea connects prosperity with environmental responsibility and long-term planning.
sustainable prosperity
The shared responsibility of countries to work together to prevent conflict.
collective security