Unit 2 Test Flashcards
What is the importance of the Panama Canal?
Connects the Atlantic and pacific oceans. It is a major trade route and saves ships a lot of time and money.
How does the global supply chain work?
It’s like a puzzle. Moves goods from suppliers to manufacturers to distributors and finally to consumers.
What are the causes of disruptions of goods?
Natural disasters, transportation issues, labor strikes, political unrest, and pandemics can disrupt the supply chain.
What are the members of CAFTA?
Guatemala, El Salvador, Honduras, Nicaragua, Dominican Republic, Haiti, United States
What are the members of USMCA?
Canada, Mexico, Guatemala, El Salvador, Honduras, Nicaragua, United States, Chile, Costa Rica, Panama
What are the members of Mercosur?
Argentina, Bolivian, Brazil, Columbia, Chile, Ecuador, Guyana, Peru, Uruguay
What are primary examples?
Drilling for oil
Farming
Mining diamonds
Extraction of raw materials
What are secondary examples?
Processing/manufacturing of raw materials
Clothing factory
Construction of buildings
Car manufactoring
What are tertiary examples
Tourism
Service related activities
Has the highest portion of workforce in developed countries
Real estate
What are quaternary examples
Research based activities
Medical research
High tech jobs
What are Quincey examples
President of the US
President of the European Commission
High level decision making role
Stage 1 of the DTM
No country is in this stage
Stage 2 of the DTM
Less developed country
Country is dominant in the primary sector of the economy
Inadequate infrastructure
Lack of technology
Rapid population growth
High youth dependency ratio (lots of children)
Stage 3 of the DTM
Growing but growth has showed from previous stage
Newly industrialized country
Dominant in the secondary sector of the economy
Stage 4 of the DTM
Population is stationary little to zero growth
More developed country (stable population)
Dominant in the tertiary sector of the economy (stable population)
Stage 5 of the DTM
Population is declining
More developed country (declining population)
Dominant in the tertiary sector of the economy (decline in population)
High elderly dependency ration (lots of old people)
Future problems include not enough labor to fill jobs
What is the treaty of Tordesillas?
With Catholic Nations funding over unclaimed “New World” lands, Pope Alexander VI attempted to solve the issue using the Treaty of Tordesillas. Gave claim to about 90-95% of the new world to Spain
What is the Colombian exchange?
A period of widespread plants, animals, diseases, and ideas between the Eastern and Western hemispheres. Kind of went in a triangle
LEGACY OF COLONIALISM
What was the economic impact?
Many colonizing countries exploited the resources of the colonies for their own benefit, which led to wealth accumulation in those countries. The exploitation led to the imbalance of in global economic power
LEGACY OF COLONIALISM
What was the social impact?
Colonialism led to changes in the cultures, languages, and social structures.
LEGACY OF COLONIALISM
What was the political impact?
Many colonized regions experienced a disruption of their political systems and the change of foreign government structures. Also led to changes of artificial borders and divisions.
What is the commonwealth?
A type of political organization where a group of states or countries agree to work together for their mutual benefit.
What is gerrymandering?
when politicians manipulate the boundaries of voting districts to help their party win more elections.
What is the electoral college?
A system used in the US to elect the president. Each state takes a vote and is determined by the people