Bold Terms
The practice of using resources thoughtfully and living a lifestyle that minimizes environmental impact for future generations.
What is Sustainability?
An Free trade agreement between Canada, The US, and Mexico. It holds Mexico to improve environmental standards of its corporations
What is NAFTA, (USMCA).
Artificial Intelligence uses a lot of this to function?
What is water (Energy, resources)
This massive economic event was caused by people borrowing money and investing irresponsibly.
What is the Great Depression?
A company that operates in more than one country
What is Multinational/transnational
Two negative impacts of outsourcing for underdeveloped and/or developed countries are
What is various answers
Low working wages, unsafe conditions, less environmentally friendly, cheaper quality. Carbon footprint. Etc.
This type of resource can regenerate in short periods of time.
What is a Renewable resource?
In this economic system both private business and government play a role in the economy.
What is the Mixed Market?
Taking responsibility for the land and resources.
What is Environmental stewardship?
An extra tax that a country places on goods that are being imported into its borders.
What is a tariff.
Products and services being interconnected through global trade and supply chains.
What is Economic Globalization,
Or Economic Interdependence. Life-cycle of product.
Give examples of sustainable resources.
Solar, Wind, Hydro, Nuclear, Forest.
In this economic system, the government plans out what the economy produces and how it is sold.
What is the command economy, centrally planned.
This International Organization helps promote free trade among countries.
What is the WTO (World Trade Organization).
The cost of a good increases year after year.
What is inflation?
What is The free Market (Capitalism).
People will utilize resources and common space for their short term interests, however, this can harm the group in the long term by depleting that resource.
What is the Tragedy of the Commons?
This organization provides long term loans to countries in need and helps with large economic projects.
What is the World Bank?
What is a concept that embraces no government intervention in world markets and in the affairs of business. Countries can easily exchange goods.
What is Trade Liberalization (Free trade).
When a country sends goods or materials to another country through trade?
What is exporting?
What are two things the IMF does?
What is increase world trade and free markets, short term loans, examines world exchange rates, provides financial stability. Relief aid for countries in need.
True or False: Indigenous peoples believe in a natural hierarchy- people at the top, plants at the bottom.
What is False.
Braiding Sweetgrass is an example of this?
What is an Indigenous worldview? (Indigenous Stewardship).