Unit 1 - Cultural Colonialism & Globalization Flashcards
They are countries with little industrial and economic activity where people generally have low incomes.
Developing countries
It means that a nation’s economy progressing toward becoming developed and advanced
Emerging economy or emerging market economy
The idea that we become a single community due to affordable and effective transportation, mass media, and electronic communications.
Global village
It refers to economy of the world comprising economies of different countries closely interrelated.
Global economy
It is the exchange of goods and services between countries.
Global or international trade
It is a workplace with unacceptably severe conditions and usually extreme low wages.
Sweatshop or sweat factory
To go out to find the source of what you need. In the globalization context we usually use the term outsourcing to describe a situation when business outsource production to countries with developing economies.
Outsourcing
It is the state of being successful usually by making a lot of money
Prosperity
It could be described as a quality of life or level of material prosperity available to an individual or a group pf people.
Standard of living
It is an index prepared by the UN which lists countries in the order of human achievement taking into consideration three dimensions: health, education, and living standards.
Human Development Index
It is the belief that it is good for people and society to spend a lot of money on goods and services.
Consumerism
It is a tendency for cultures to blend and become more alike.
Cultural convergence
It describes things that make separations of cultures.
Cultural divergence
Global organization that helps countries and producers trade fairly and effectively.
World Trade Organization
Intergovernmental organization with its headquarters in Washington D.C. that focuses on maintaining international economic stability.
International Monetary Fund
It is a social movement critical of the globalization of corporate capitalism.
Anti-globalization movement
Relating to a particular are, city or town.
Local
Relating to an entire nation or country
National
Relating to, or made in your own country
Domestic
The act of bringing together smaller components into a single system that functions as one.
Integration
A situation in which people work together to do something
Cooperation
Involving more than two groups or countries.
Multilateral
Involving only one group or country.
Unilateral
It is the process of implementing and developing technical standards.
Standarization
The idea that independents nations, which have declared their independence, have an organized government and are self-contained, have a right to exist without other nations interfering.
National sovereignty
To cause something to happen sooner or more quickly.
To accelerate
Abundance of property.
Affluence
To have control of or power over someone or something.
To dominate
Something that provides development and growth of economy.
Economic growth drivers
A state or condition in which different things do not occur in equal or proper amounts.
Imbalance or inequality
An extremely powerful nation.
Superpower
A tax on goods coming into or leaving a country.
Tariff
A government-introduced restriction on international trade.
Trade barrier
Boundaries between countries.
Borders
Trade in conformity with a fair-trade agreement.
Fair trade
The mutual reliance between two or more groups.
Interdependence
The fact that different cultures and economic systems around the world are becoming connected and similar to each other because of the influence of large multinational companies and of improved communication.
Globalization
The process of producing or creating something new or more advanced, a new or advanced product.
Development
The group of people who are responsible for controlling a country or a state.
Government
The area that surrounds the place you are in or are talking about.
Locality
A country considered as a group of people with the same language, culture, and history, who live in a particular area under one government.
Nation
The customs and beliefs, art, way of life and social organization of a particular country or group.
Culture
Money used to run a business, an activity or a project.
Finance
A product or service that is brought into one country from another.
Import
To sell and send goods to another country.
Export
The business or industry of producing goods in large quantities in factories.
Manufacturing
The activities involved in getting and using power in public life, and being able to influence decisions that affect a country or society.
Politics
A range of many people or things that are very different from each other.
Diversity
A group of people who form a business, club… Together in order to achieve a particular aim.
Organization
Capacidad de análisis
Analytical skills
Capacidad de negociación
Negotiation skills
Conciencia de sí mismo
Self-awareness
Experto en
Adept at
Abierto de mente
Open-minded
Autosuficiente
Self-reliant
