Short Ansee 78910 Flashcards
Non-governmental organization (NGO):
National and international groups independent of any state that pursue policy objectives and foster public participation ex: Greenpeace, Red Cross
Multinational corporation (MNC):
Firms that produce, distribute, and market their goods or services in more than one country ex: Microsoft, General Electric
Colonialism:
Physical occupation of a foreign territory through military force businesses or settlements
Middle income countries:
Newly industrializing countries or NICs undergone rapid development with sharp tendency toward democratization and political and social sta ility ex: Mexico South Korea
Mercantilism:
Economic counterpart of absolutionism or absolute monarchy
Not into free trade
Very controlling