CONTEMPORARY WORLD Flashcards

1
Q

EXISTING BEFORE THAT PRESENT UNTIL NOW

A

CONTEMPORARY WORLD

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2
Q

INCREASING INTERACTION OF PEOPLE AROUND THE WORLD

A

GLOBALIZATION

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3
Q

SPEED UP MOVEMENT FAST SHIFTING WIDE SPREAD MATTER

A

GLOBALIZATION PHENOMENA

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4
Q

ADAPTING OF BEHAVIOR IN THE SORROUNDING CULTURE

A

ACULTURATION

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5
Q

AQUIRING ROUR OWN CULTURE

A

ENCULTURATION

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6
Q

AQUIRING THE CULTURE BY EXPOSING TO YOU

A

IMMERSION

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7
Q

THROUGH MARRIAGE

A

AMALGAMATION

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8
Q

MAS MAGANDA YUNG CULTURE NOON KESA NGAYON

A

TEMPOROCESTRISM

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9
Q

LEARN NEW CULTURE BUT YOU DONT FORGET YOUR OWN CULTURE

A

ACCOMODATION

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10
Q

THE STRONGER CULTURE KILLS THE WEAKER CULTURE

A

ASSIMILATION

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11
Q

refers to the expanding
interdependence of world economies.

A

ECONOMIC GLOBALIZATION

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12
Q

a type of investment in which a
company establishes a business in another country for production of goods or services and still
takes part in the management of that business.

A

FDI

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13
Q

serves to stabilize the international monetary system and acts as a monitor of the
world’s currencies.

A

IMF

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14
Q

derives its name from the lucrative trade in silk
carried out along its length, beginning in the Han dynasty in China.

A

SILK ROAD

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15
Q

eases trade
among countries.

A

WTO

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16
Q

a major supplier and exporter of
manufactured goods that has affected the world
economy.

A

CHINA

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17
Q

company’s services is increasing throughout the
Philippines.

A

BPO

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18
Q

is a driving factor in the process of globalization.

A

ICT

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19
Q

It is usually a large corporation incorporated in one country which produces or sells
goods or services in various countries.

A

MNCS

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20
Q

It is a huge company that does business in several
countries.

21
Q

as manager of the national
economy is being redefined by globalization.

A

NATION STATE

22
Q

also known as a “global company”, is coined
from the base term ‘global’, which means all around the world.

A

GLOBAL CORPORATION

23
Q

a set of
internationally agreed rules, conventions and supporting institutions
that facilitate international trade, cross border investment and
generally the reallocation of capital between nation states.

24
Q

created
a collective international currency exchange regime that lasted
from the mid-1940s to the early 1970s.

A

BREETTON WOOD AGREEMENT

25
arrangement between European countries to link their currencies.
EMS
26
occurs when prices among different locations or related goods follow similar patterns over a long period of time.
Market integration
27
Its aim is to end extreme poverty and promote shared prosperity in a sustainable way.
WORLD BANK
28
It works to foster global monetary cooperation, secure financial stability, facilitate international trade, and more.
INTERNATIONAL MONETARY FUND
29
These two are intergovernmental financial institutions that were created to spur social progress and economic growth in order to address and reduce poverty.
ADB AND AFDB
30
is an American multinational investment banking and financial corporation. It is the fourth (4th) largest bank in the US.
CITYGROUP
31
is the wealth management division of the Bank of America.
MERYLL LYNCH
32
It is the policy of a country seeking to extend or retain its authority over other people or territories, generally with the aim of economic dominance. CONTROLING THE PEOPLE
COLONIALISM
33
It is a policy or ideology of extending the rule or authority of a country over other countries and peoples, often by military force or by gaining political and economic control. IMPOZING
IPERIALISM
34
are the exporters and importers with no investments outside their home countries.
INTERNATIONAL COMPANY
35
HOME BASED
MULTINATIONAL COMPANIES
36
like a multinational company, has investment and business in the countries in which it chooses to operate.
GLOBAL COMPANY
37
The United Nations Conference on Trade and Development (UNCTAD) defines FDIs as “funding made to acquire lasting interest in enterprises
INVESTMENT BASED PERIOD
38
period, global corporations were controlled by producer- driven commodities. As a result, firms were characterized by large amounts of concentrated capital focused on large-scale or capital-intensive manufacturing.
TRADE BASED PERIOD
39
More so, digital globalization affected the operation of global corporations since technology became integrated in both production and consumption.
DIGITAL GLOBALIZATION
40
value streams have integrated their corporate structures to reduce the effects of time and distance in the production and consumption of goods.
PRODUCER DRIVEN
41
value streams have changed the behavior of corporations in retailing their goods and services via the internet.
BUYER DRIVEN
42
is a polity under a system of governance.
STATE
43
STATED THAT AGREEMENTS AMLNG NATION MUST BE REACH
IMMANUEL KANT
44
PROPOSE THAT NATION MUST GIVE UP THEIR FREEDM
LIBERAL INTERNATIONALISM
45
BASED ON THE VIEW POINT OF CAPITALISM
SOCIALIST INTERNATIONALISM
46
INTERNATIONAL WORKERS DAY
MAY 1
47
INTERNATIONAL WOMANS DAY
MARCH 8
48
UNDERSTAND ALL INTERCONNECTION OF MODERN WORLD
GLOBALISM
49
FACET OF CONTEMPORARY political globalization
GLOBAL INTERSATE SYSTEM