Lesson 1 - Today's Superpowers Flashcards
What is a superpower?
Nation with means to project its power + influence anywhere in the world + to be a dominant global force
What are the primary components of superpower status?
Military
Political
Cultural Influence
Natural Resource Access/Deposits
Economic Strength
Who are the 3 leading global economies by GDP?
USA - $18T
China - $11T
Japan - $4.4T
What does hard power consist of?
Military presence, force + intervention
Military alliances
Economic sanctions
What does soft power consist of?
Cultural + ideological influences
Media + cultural exports
How can the economy contribute to soft power?
TNC investment + FDI
Cultural exchange
How can the economy contribute to hard power?
Economic sanctions
Defence spending