Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

World Politics > Globalization > Flashcards

Globalization Flashcards

1
Q

What is Globalization

A
  • When a business, and other corporations expands to the point where it has international power
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the 3 p’s of Globalization

A

Phenomenon
- historical events that happen somewhere impact everywhere else
-intricate interconnectedness
philosophy
- People experiences converging
process
-eliminated political and geographical distances
-makes the world smaller
internet
we are able to go across borders like never before in history

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Top 5 country producers(as of 2010)

A
  • USA
    -China
    -Japan
    -Germany
    -Italy
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Interference

A

Hindering something from moving forward

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Regulation

A

Strict laws put in place
something being controlled

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Subsidy

A
  • monetary asistance provider(for groups, people or public interest)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Freemarket economy

A
  • a market that thrives off of the ability to do things freely without being regulated . the government has little to no interference
    laissez faire capitalism
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Closed market

A

Not open to business from outside and foreign countries ex: Latin America used to be a closed market until the 1980s

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

How does oil trading affect the economy?

A
  • Oil trading is one of the most important things
  • supply and demand
  • the more people we have the more oil we need
    -China, and India other places becoming more industrialized and urbanized, so there needed to be a significant increase in sales
  • Yom Kippur- happened I 1973
    Iranian revolution1979
    affects business shipping
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Adam smith

A
  • Irish economist
    -can also be known as the father
  • Important works: wealth of nations
    invisible hand
    laissez faire
    government should leave the economy alone, in other words it is a free market
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is the concept of the invisible hand

A
  • yet even though the economy is moving, and people are free to make decisions, the invisible hand is there subconsciously. meaning that even though o=you make decisions yourself it is ultimately going to impact the economy in one way
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What book did Adam smith contribute

A

The wealth of nations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Karl Marx

A
  • Communist
    important works: communist manifesto
  • the workers are going to be the ones providing the goods, then the owners get and own everything
    Proletariat’s VS Bourgeoisie
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

John Keynes Maynard

A
  • Macroeconomics
    -spending in the economy affects employment
    unemployment benefits
    Governments should play a key role in their economies
    “in the long term we are all dead”
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Milton

A

Money growth so that the economy can be stable
Monetarist
in order for you to reap its benefits you have to put money in
Free to chose

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

IMF

A

International Monetary Fund
1. oversee fixed exchange rates
2.promote convertibility
3.Lender of last resort

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

What was the wolrd bank known as in the past

A
  • IBRD
    International, bank for reconstruction and development
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What makes part of the international trade organuization in the present day

A

WTO
GATT

19
Q

What does the World bank do?

A

-They enable people to borrow money
-Infastructure

20
Q

What was the Marshall plan?

A
  • AN American plan that aimed to help a war torn Europe, and by helping them they get lots of money
21
Q

jobs of GATT and WTO

A

Reduce national barriers

Stop competitive trade policies

Finally established in 1994 – called World Trade
Organization

150 member states

30 ‘observers’

22
Q

The Bretton woods Trio

A

International Monetary Fund (IMF)

The World Bank

General Agreement on Tariffs and Trade

23
Q

Name 5 big Corporations

A

-walmart
-Toyota
- Volkswagon
-Apple
state grids

24
Q

Yalta conference

A

How they(US, UK, USSR) are going to reconstruct old Europe post war

25
Q

Potsdam

A

Negation of how to end WW2

26
Q

Isolation VS containment

A

meaning, that if you were in complete isolation, you put a stop to that then you start going into nation which prohibits other from getting involved
The Americans get involved in:
The Korean War
the Vietnam war
cuban misslie crisis
The Afghan conflict

27
Q

Dwight Eisenhower

A

-President
-part of military

28
Q

SIPRI

A

Stockholm International Peace
Research Institute (SIPRI)

29
Q

5 Forms of Human Trafficking

A

Pornorgraphy
Organ
Labour
forced prostitution
Servitude

30
Q

Human trafficking cases in Ottawa?

A

-Over a seven year period 7 men have been arrested for zex trafficking
from 2010-2020, 1 in every 10 police report to human trafficking

31
Q

Methods of controlling the Victim

A

-Physical abuse
-Sexual abuse
Blackmailing
Money
branding

32
Q

3 concepts of Sipri

A
  1. US continues to be the worlds most dominant force
  2. as if 2010, Middle East giant 10 times more weapons
    3.india has more weapon imports
33
Q

On the list of Big countries and economic entities where does Canada score

A

Canada is number 9th , right beforee Walmart

34
Q

What lead to the stockpiling of weapons

A

1949 - USSR atomic bomb (announces it has entered the atomic age) - challenging American hegemony (USA no longer dominates world)

35
Q

NATO - security alliance of 30 countries, safeguards freedom by military and political means
NORAD - military command responsible for aerospace warning and control, commander is appointed by the Heads of Government of Canada and the United States
DEW LINE - system of radar stations in the Northern Arctic region of Canada, shut down in late 1980s, increased connections between Inuit peoples and Canadian polity, provided economic development

A
36
Q

SIPRI

A

Arms Trade tracker, records value of military imports
Swedish (Stockholm)

37
Q

Countries with high sex trafficking

A

Thailand (military state)
A lot of prostitution; quick and easy money
Not legal but mostly unprosecuted because people spend money which is good for the economy
A lot of tourists
Unstable government
Military run
Very poor population
Ukraine (Former Soviet)
Mono Economy
Moldova (Former Soviet)
Mono Economy
Romania (Former Soviet)
Belarus (Former Soviet)
Nepal (Former British Raj and poor lmao)
Libya (Former Ottoman/Italian/French/Brit colony also poor)
A lot of people escaping the Middle East; easy targets
North Africa; labour is a most popular form of trafficking

38
Q

What do all the high sex trafficking countries have in common?

A

Poor
Have relaxed government officials
Poor
Have trafficking be “illegal”

39
Q

Ways victims fall into sex trafficking

A

Romeo/ Loverboy - A relationship that leads to blackmail and trafficking (Andrew Tate)
Jobs - Promise of jobs and financial stability for families (Qatar World Cup controversy + UAE construction controversy)
Modelling Industries - sussy business
Exploitation - “Friends” bringing other friends into trafficking
Buy them dogs and after forming an emotional attachment they beat the dog
Saying they owe them money and make them “work” for it.

40
Q

Ottawa is a HUB for sex trafficking in Canada

A

Between two major cities, Montreal et Toronto
Girls (overwhelmingly) are transported between the three cities to be used while under the nose of law enforcement
10% of sex trafficking cases despite not holding 10% of Canada’s population (disproportionate)
Indigenous communities most at risk

41
Q

Ottawa holds_ percent of sex trafficking cases

A

10 percent

42
Q

Trafficking

A

Someone will continue to profit off the transport of a certain good (mostly people) after “acquiring” them

43
Q

Smuggling

A

illegally bringing goods or someone over a(ny)
border
A business transaction (you pay for someone/thing to be smuggled, and the deal is done)
Think smuggling drugs over the borde

44
Q

Which countries loaned money and are now in depth

A

Greece
Germany

World Politics (6 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions