globalization Flashcards
economic globalization
international exchange of products
social globalization
the sharing of ideas and information between countries.
political globalization
expansion of political interrelations across the globe
cultural globalization
the spread and exchange of ideas and values around the world due to immigration or social relations
multinational corporations
a company that operates in various parts of the world.
labor markets
supply and demand
global supply chain
worldwide network that organizations use when producing goods or services
dark economy
economic activity that violates laws
NAFTA
North American Free Trade Agreement, is a trade agreement between the United States, Canada, and Mexico aimed to promote free trade and economic integration.
The United Nations
is an intergovernmental organization with the stated purposes of maintaining international peace and security
WHO
The World Health Organization is a specialized agency of the United Nations responsible for international public health.
Big Pharma
the world’s largest publicly traded pharmaceutical companies, which are often accused of unethical marketing practices and promoting dangerous medicines
Monsanto Corporation
a corporation mission that aims to produce more, conserve more, and improve lives, and they are committed to sustainable agriculture
how globalization affects the world from an economic and social perspective.
economically, globalization has led to increased trade, enhanced investment, and cross-border technology and exchange of knowledge
social perspective, globalization has made it easier for people to exchange ideas and cultures, contributing to a world view in which people are more open and interconnected.
Explain how global food is wasted. Which countries are responsible for
this waste?
there are many different ways global food is wasted, from poor production to poor packaging to it getting spoiled at peoples houses, it is a serious problem. In the United States, roughly 40% of food is wasted from factors such as weather, pests, disease, and disruptions in the supply chain.
