Week 12: Flashcards

1
Q

Globalization:

A

Globalization refers to the interconnectedness and integration of economies, cultures, societies, and politics on a global scale. It involves the increasing flow of goods, services, capital, information, ideas, technology, and people across national borders, facilitated by advances in transportation, communication, and technology.

Neo-liberal globalization: a) An increase in long and protracted civil wars.
b) “Ethnic cleansing” of many minority groups.
c) The breaking up of nation states into smaller units.
d) Some countries being deemed “failed states”.
Global Trend:
The world is both coming together and breaking apart at the same time!

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2
Q

Trends in Canada/Globally:

A

Uncertain. Ask.

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3
Q

The 8 components that characterize neo-liberalism:

A

Free Trade & International Treaties
Privatization
Deregulation
Decline in state Social Instutions
Tax reforms that favor the upper class
Attack on Labour and Lower Classes
Decline in democracy and civil rights
Decrease in size and scope of the state

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