Unit One Flashcards

1
Q

What do critics say threaten global economic interconnection?

A

The soveirnity

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2
Q

The first example of contemporary economic globalization is

A

The Marshall plan( teacher said don’t worry about it

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3
Q

Socialism

A

Advocates that the way of production, distribution and exchange should be owned or regulated by the community as a whole

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4
Q

Market economy

A

An economic system in which production and prices are determined by unrestricted competition between private businesses

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5
Q

What are 3 functions of the International Monetary Fund?

A

Maintaining the stability of international currencies

Provide emergency loans to countries.

Structural adjustment programs

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6
Q

Why was the EU established?

A

For regional cooperation among states with the same goals in mind

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7
Q

What industry is not part of the knowledge economy

A

Textiles

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8
Q

What is global interdependence?

A

Mutual dependence between countries across the world

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9
Q

Why wasn’t the Kyoto protocol successful?

A

Economic concerns of countries outwheighed environmental responsibility

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10
Q

Primary goal of NAFTA

A

Cooperation through closer trade links

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11
Q

Movement to greater membership in the EU is a threat to what?

A

Economic and cultural dependence

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12
Q

By the mid 1990s Canada, Mexico and the United States they agreed to what?

A

Establish a free trade zone

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13
Q

NAFTA was an alliance between who?

A

Canada, US, Mexico 

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14
Q

NAFTA was drafted in what year? 

A

Canada + US - 1989
Mexico joined - 1994

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15
Q

Three points for supporters of NAFTA 

A

would create thousands of high-paying jobs

would raise living standards in all three countries

would improve environmental standards, 

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16
Q

Three points for opponents of NAFTA 

A
  1. Thousands of jobs leave Canada for the USA Mexico.
  2. Would lower employment rates in all three countries
  3. With negatively affect, health environment and safety in all countries, 
17
Q

The left wing part of the WTO would cease if the organization did what?

A

Began to enforce fair worldwide labour standards and environmental standards

18
Q

Reasons why TNCs invest in third world countries

A

Gain assured added to raw materials

Access to local markets

Cheap labour

Escape environmental and other controls on their Activities

19
Q

Present day economic system of Wealthy countries?

A

The knowledge economy

20
Q

What is the GPD of a countrie?

A

A measure of the health of a countries economy

21
Q

Why can GPD be misleading?

A

It includes the children’s income even though they don’t work or event very much

22
Q

What is social globalization ?

A

Like a big exchange of customs, beliefs, and ways of like that happens on a global scale

23
Q

What is media convergence

A

When different media forms, technologies, and platforms into a unified system

24
Q

What is assimilation

A

When a minority group adopt the culture of a dominant culture so they become part of that culture( indigenous vs settlers)

25
Q

What is hybridization

A

The blending or mixing of different cultures into one place( calagry is very diverse in culture

26
Q

What is homogenization

A

When different cultures become similar and more uniform over time

27
Q

What is jntergaration

A

When different cultures blend their elements within a society

28
Q

What is accommodation

A

The relationship between different groups within a society ( diversity and inclusion )

29
Q

What is the crtc

A

Federal regulatory agency responsible for regulating and overseeing aspects of the Canadian broadcasting systems

30
Q

What is the CBC

A

Public broadcaster owned by the government and it plays a big role in shaping and reflecting Canadian culture

31
Q

What is cultural globalization 

A

The interconnectedness exchange and blending of cultural elements, ideas and practises throughout the whole world 

32
Q

What is political globalization? 

A

Interconnectedness, interdependence, and influence of political processes across the world 

33
Q

Who are the Inuit? 

A

Indigenous people of Canada, with distinct, cultural, heritage, history and way of life (one of the three main indigenous groups in Canada)

34
Q

Who are the Metis

A

The children from a European settler, and a indigenous person 

35
Q

Who are the Beothuk?

A

Indigenous people who historically lived on the island of Newfoundland, known for culture, language, and art 

36
Q

Who are the first nations? 

A

The first nations were the first people of Canada 

37
Q

Who are Francophones?

A

People who’s first language is French