Globalization
What is globalization?
The growing economic interdependence of nations driven by advancements in communication and transportation technologies.
What was NAFTA?
The North American Free Trade Agreement that eliminated tariffs between the U.S., Canada, and Mexico.
What is a tariff?
A tax on imported goods to protect domestic industries.
How many members are in the House of Representatives?
435 members.
What is gerrymandering?
Drawing congressional district lines to favor a political party.
What role has technology played in globalization?
It has improved communication and transportation, connecting global markets.
What agreement replaced NAFTA in 2020?
The United States-Mexico-Canada Agreement (USMCA).
How do tariffs impact the price of imported goods?
They increase the price of imports, making them less competitive.
How often are House members elected?
Every two years.
What are the two main types of gerrymandering?
"Packing" and "cracking."
How has globalization affected the variety and cost of goods for consumers?
It increases the variety of goods and lowers prices through global competition.
What is one benefit of trade agreements?
They promote economic cooperation and reduce trade barriers.
What is protectionism?
Policies that protect domestic industries from foreign competition using tariffs and quotas.
What is reapportionment?
Adjusting the number of House seats for states based on population changes after a census.
What is a congressional district?
A geographical area represented by a single member in the House of Representatives.
What are two benefits of globalization?
Economic growth and access to new markets, goods, and technologies.
What role does Congress play in trade agreements?
Congress approves or rejects trade agreements negotiated by the President.
Why does the government sometimes avoid imposing tariffs on steel?
Steel is vital for national security, so the government avoids relying on cheap imports.
How does the Senate differ from the House?
The Senate has 100 members (2 per state), with 6-year terms; the House is based on state population.
What role do nonpartisan redistricting commissions play?
They aim to create fair and equal district boundaries without political bias.
What is one drawback of globalization for domestic companies?
Increased competition from foreign producers that may lead to job loss.
What is a trade sanction, and why might it be used?
A penalty on trade, used to pressure or punish other countries for political or economic reasons.
Name two ways governments implement protectionism.
By using tariffs and trade barriers, such as import quotas or sanctions.
What is the purpose of a census for Congress?
To determine how many representatives each state gets in the House based on population.
Why is gerrymandering controversial?
It can distort election outcomes by favoring one political party and reducing fair representation.