Ap World Ch 14 Flashcards
Age of fossil fuels
Shift and energy production with increase of coal and oil, resulting in widespread availability of electricity
Economic globalization
Increasing independence of world economies as more global trade and cross-over occurs
Asian tigers
Nickname for East Asian countries, export driven economic growth
Breton wood system
Name for the agreements and institutions set up to regulate commercial and financial dealings in capitalist countries
Transnational corporations
Global businesses that produce goods or deliver services in many countries
World trade organization
International body representing 149 nations and charged with negotiating the rules for global commerce and promoting free trade trade
NAFTA
Free trade agreement between the us, Mexico, and Canada in 1984
Consumerism
Culture of leisure and consumption that developed in tandem with global economic growth and a growing middle class
Informal economy
Also known as “shadow economy”, unofficial, unregulated, untaxed economic activity
One child policy
Chinese policy of population control to penalize birth to encourage families to have only one child
Second wave feminism
Women’s right movement, demanded equal employment, education, and rights to their own bodies and the end of patriarchal domination
Feminism in the global south
Mobilization of women across Asia, Africa, and Latin America; focused on colonialism, racism, and poverty and less about gender