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What is a transnational corporation?
Nike, McDonalds Ect...
What was the early trading route which connected Europe with parts of Asia?
Silkroad
How would you describe the removal of skill for labor when transitioning to factory type production systems?
Machines replacing skilled labor.
“unprocessed natural resources such as logs and iron ore.”
Raw Materials
Who was the largest imperial power?
Great Britain
What are two positive and two negatives of globalization?
Various Responses
“the policy of one country extending political, economic, or military control over another.”
Imperialism
What was the industrial revolution?
Rapid creation of new factories and industries. Machine also were relied for production rather than human power.
What is the difference between public and privatized economies
Public is controlled and regulated by the government. Private is a free market and allow competition to regulate the market.
What were the two imperial powers who established colonies in Canada?
France, Great Britain
What is pop-culture?
“a Eurocentric economic policy whereby European monarchs increased their wealth through international trade.”
Mercantilism
Who was Adam Smith?
Believed in Free Market and wrote "The Wealth of Nations"
Why is a monopoly a bad thing for the economy?
Creates higher prices and unbalanced markets.
What do imperial countries do with materials gather from their colonies?
What is the material found in all electronics and is highly desired in locations such as Congo?
Coltan
Why was the Six Nations Confederacy important to modern government practice?
This system can be traced back tot he earliest form of council and elected representative democracy.
When one company controls the entire market it is known as a ____________.
Monopoly
Why is universalization of pop-culture viewed as being negative?
This could lead to the removal of individual identity and unique cultures.
What was the term for describing a countries controlled territory including their colonies?
Empire
Describe first contact and trade between first nations and Europeans settlers
They typically did silent trading and exchanged good such as fur, tools and weapons. However, both sides were unsure of one another.
“Making adjustments or reaching compromises to allow for differences?”
Accomodation
Describe the difference between forcing and influencing.
Force uses direct of physical force
Influence is without contact
What was the name of the schools which were meant to make First Nations more "civilized" like Europeans.
Residential Schools
In what ways did colonies impact the way of life and hunting of the First Nations and Bison?
Over hunted