Vocab - Modern Flashcards
Age of fossil fuels
transformative period in human history as societies transitioned from traditional energy sources to the widespread use of fossil fuels
Economic globalization
the increasing interconnectedness and interdependence of the world’s economies
Asian tigers
high-growth economies of Hong Kong, Singapore, South Korea, and Taiwan fueled by exports and rapid industrialization
Breton wood system
system of payments based on the dollar, which defined all currencies in relation to the dollar, itself convertible into gold
Transnational corporations
an enterprise that is involved with the international production of goods or services, foreign investments, or income and asset management in more than one country
World trade organization
organization that monitors and enforces rules governing global trade
NAFTA
A trade agreement between Canada, the United States and Mexico that encourages free trade between them
Consumerism
a movement advocating greater protection of the interests of consumers
Informal economy
economic activities that are not regulated or recognized by the government
One child policy
which limited most families to having just one child in 1979 China
Second wave feminism
Women’s rights movement that revived in the 1960s with a different agenda than earlier women’s suffrage movements
Feminism in the global south
Mobilization of women across Africa, Asia, and south America concerning values of motherhood, poverty and marriage
