Globalization Terms And More Flashcards
United Nations
Maintain international law, pease & security, protect human rights and provide humanitarian aid.
World Health Organization
Build a better, healthier future for people all over the world. Helps combat diseases and ensure safe air, food, water and give medicine.
World watch institute
- transform human culture from consumerism to sustainability
- environmental research organization
World trade organization
Regulated international trade laws between nations
International Monetary fund
- Helps with financial stability and international trade
- Promotes high employment and sustainable economic growth
- Reduces poverty
World bank
Provides loans to developing countries for capital programs
Amnesty International
Promotes all human rights
International labor organization
A UN agency dealing with labor issues (particularly international labor standards)
Globalization:
The process of the world becoming more like a single nation rather than separate.
Subsidy:
Financial assistance provided by the government/group/individual to others
Import
To bring in from another country
GDP-
Gross Domestic Product:
Represents total dollar value of all goods and services produced over a specific period of time
-used to determine health of economy
Per Capita:
Per person
Democracy
A form of government where power rests with the people directly or through elected representatives
Socialism
A theory of gov. Where the whole community rather than indiciduals owns all of its property and respurces
Communism
A system of government where all farms,factories and resources are owned by the public or state
-wealth is divided equally
Economy
The careful use of money, resources and means of production
Industrialize:
The development of industries on an extensive scale
-transform agricultural based society into society based on manufacturing goods and services
Colony
A country being controlled by another country
Ex. America was a colony of England
Colonization:
A country taking control over another country (act of forming colonies)
Ex. Ottoman Empire, Congo/Belgium
NGO:
Non-Governmental Organization:
A non-profit organization independent from the government
They’re funded by donations and run by volunteers
Infastructure
Basic physical structures and facilities (buildings, roads and power supplies) needed for a society to function
Exploitation
Treating someone unfair to benefit from their work (taking advantage of someone)
Tariff
Tax on import and exported goods
