Chapter 32 (Unit 9)

Question 1

The development of an increasingly integrated world economy marked especially by free trade, free flow of capital and the reliance on cheaper foreign labor markets

Answer 1

Globalization

Question 2

Companies whose location, production and distribution extend beyond borders
(?the agency or function of acting a substitute?)

Answer 2

Transnationals

Question 3

A Soviet policy permitting open discussion of political and social issues and a freer dissemination of news and information

Answer 3

Glasnost

Question 4

A policy of economic and governmental reform instituted by Mikhail Gorbachev in the Soviet Union in the mid-1980’s toward the end of the Cold War

Answer 4

Perestroika

Question 5

Refusal to change one’s views or to agree about something

Answer 5

Intransigence

Question 6

The priority of the price mechanism, free enterprise, the system of competition and a strong and impartial state

Answer 6

Neoliberalism

Question 7

A number of different entities that are grouped together to form a whole but remain distinct entities

Answer 7

Conglomerates

Question 8

A general increase in prices and a fall in the purchasing value of money

Answer 8

Inflation

Question 9

A widespread occurrence of an infectious disease in a community at a particular time

Answer 9

Epidemic

Question 10

The branch of technology that deals with the design, construction, operation and application of machines that replicate human movements and functions automatically

Answer 10

Robotics