conworld quiz bee Flashcards
(32 cards)
the metaphor for the global economy
three blind men inspecting an elephant
the increasing interdependence of world economies
economic globalization
the cause of economic globalizations are
• growing scale of cross-border trade
• flow of international capital
• wide and rapid spread of technology
when populated continents began exchanging products
global trade
2 different types of economies associated with economic globalization
• PROTECTIONISM
• TRADE LIBERALIZATION
systematic government intervention in foreign trade.
encouraging domestic production.
preferential treatment to domestic product, discrimination against foreign competitors.
PROTECTIONISM
comes in the form of quotas and tariffs
TRADE LIBERALIZATION
when did trade liberalization started
mercantilist era (16th–17th to early industrial revolution) chorev, 2007
the development of our world through the use of earth’s resources
sustainable development
they have a multifaceted relationship incorporating economic, political, and technological dimensions
globalization and sustainability
it is a global call to action to end poverty, protect earth’s environment and climate, and enjoy peace and prosperity.
Sustainable Development Goals (SDGs)
when did the UN adopted a new global plan of action
september2015
the new global call to action of the UN is
Transforming Our World: The 2030 Agenda for Sustainable Development
how many goals and targets are there in 2030 Agenda
17 goals, 169 targets
what are the aims to 2030 agenda
people-centered and planet-sensitive change
enjoining government agencies to provide data support to the SDGs
PSA Resolution No. 04 Series of 2016
The 17 SDGs
- End poverty/No poverty
- Zero hunger
- Good health and well-being
- Quality education
- Gender equality
- Clean water and sanitation
- Affordable and clean energy
- Decent work and economic growth
- Industry, innovation, and infrastructure
- Reduce inequalities
- Sustainable citiea and communities
- Responsible consumption and production
- Climate action
- Life below water
- Life on land
- Peace, justice and strong institutions
- partnership for the goals
the cycle damages the environment in a variety of ways
environmental degradation
this is the result of companies trying to outmanuever their competitors
economic and trade globalization
they are inextricably linked and we can see how different nations are separated into north, south; developed, underdeveloped
globalization and inequality
two classification of economic disparity
• wealth inequality
• income inequaliy
how much is our global wealth today accordin to Global Wealth Report 2016 by the Credit Suisse Research Institure
3.5 trillion dollars
when did the concept of splitting countries into north and south started?
mid 20th century cold war
who classified the world into groups in terms of first world, second world, and third world?
western politicians
