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The Almighty Dollar > Key Definitions > Flashcards

Key Definitions Flashcards

1
Q

What is an economy?

A

The system according to which the money, industry and trade of a country or region are organised. A country’s economy is the wealth that it gets from business and industry.

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2
Q

What is globalisation?

A

The word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology and flows of investment, people, information.

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3
Q

What is ‘geography of development’?

A

How wealth and the quality of life of people living on our planet varies from place to place.

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4
Q

What is a transnational company?

A

A company that exists in more than one country.

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5
Q

What happens in the introduction of ‘The Almighty Dollar’?

A

Lauren Miller buys a cheap $2 radio at Walmart

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6
Q

Show the journey of The Almighty Dollar:

A

USA
China
Nigeria
India
Iraq
Russia
Germany
UK
USA (again)

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The Almighty Dollar (9 decks)

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