unit 9 (1900-present) Flashcards
The Age of Fossil Fuels
Twentieth-century shift in energy production with increased use of coal and oil, resulting in the widespread availability of electricity and the internal combustion engine; a major source of the greenhouse gases that drive climate change.
Coal usage increased 700%, then by the end of the 20th century oil was more popular
This powered power stations which made electricity available for commercial use
Communication Revolution
Modern transformation of communication technology, from the nineteenth century telegraph to the present day smartphone
These new technologies occurred because of electricity, vacuum tubes, integrated circuits, and more
Economic Globalization
The economic entanglement of the world’s people, especially since 1950; accompanied by the spread of industrialization in the Global South and economic growth after WWII; the process has generated inequality and resistance
Asian Tigers
Nickname for the East Asian countries South Korea, Taiwan, Singapore, and Hong Kong, which experienced remarkable export driven economic growth in the late 20th century
Bretton Woods System
Name for the agreements and institutions (including the World Bank and International Monetary Fund) set up in 1944 to regulate commercial and financial dealings among major capitalist countries
Transnational Corporations
Global businesses that produce goods or deliver services in many countries at once
These companies tend to dwarf the economies of nations, by 2001 the 51 top economies were not countries, but were TNCs
These companies can easily remove their factories in search of lower costs and regulations, causing unemployment and disrupting the lives of workers.
World Trade Organization
An international organization with 149 members; negotiates rules for global commerce and promotes free trade; its meeting have been the subjects of many anti-globalization protests since 1999
North American Free Trade Agreement (NAFTA)
Free trade agreement between Mexico, Canada, and the US; established in 1984
This agreement, like economic globalization, has caused competition between farmers; Mexican corn farmers were put out of business by corn coming from the US while avocado farmers have thrived
Consumerism
A culture of leisure and consumption that developed during the past century with global economic growth; emerged in the West then spread
Export-Processing Zones
Areas where international companies can operate with tax breaks and other benefits, offered as an incentive to attract manufacturers
Service Sector
Industries like government, medicine, education, finance, and communication that have grown due to increasing consumerism, population, and communication technology
Informal Economy
Also known as the “shadow” economy; refers to unofficial, unregulated, and untaxed economic activity
One-Child Policy
Chinese policy for population control; used financial incentives and penalties to promote birth control, sterilization, and abortions in an effort to limit families to a single child
Women’s Department
An organization known as Zhenotdel within the Communist Party that promoted equality for women in the 1920s with conferences, publications, and education
Second Wave Feminism
Women’s rights movements that revived in the 1960s with a different agenda than earlier feminism; equal rights for women in employment and education women’s right to bodily autonomy, and the end of patriarchal domination rather than voting rights
The movement gained international traction; the UN declared 1975 as Women’s year, and the next decade the Decade for Women
By 2006 183 nations ratified the UN Convention on the Elimination of All Forms of Discrimination Against Women which committed them to promote legal equality for women, end discrimination for women, and protect women’s human rights
It has generated some pushback from religious forces such as the Vatican and Islamic governments, as well as religious fundamentalist groups and African governments