Key Terms for Chapter One Quiz Flashcards
(20 cards)
Points of View
What you know to be true based on your individual identities (personal identity).
Perspectives
What you know to be true based on your collective identities. A perspective can reflect the outlook of a cultural group, faith, age category, economic group, or language group.
Pluralism
We respect and value both what individuals have to say from their individual points of view and also what groups have to say from their collective perspective.
Globalization
The process of becoming more globally interconnected and interdependent socially, politically, and economically. Some key categories include: trade, people, investment, technology, culture, and ideas among countries.
Political
The dimension of life that concerns governments’ interactions with individuals, groups, and other governments.
Social
The dimension of life that concerns societal and cultural institutions, such as individual family, and community interactions, mass media, arts and entertainment, and trend in popular ideas and tastes.
Economic
The dimension of life that concerns the production and exchange of goods, services, money, and resources.
Transnational
Corporations that operate in two or more countries (also known as MNC’s).
Society
A group of people who form an ordered community centred on kinship, an ideology, a religion, a language, or a particular world view.
IMF
International Monetary Fund-an agency of the United Nations that established in 1944 in order to help the world economy by encouraging countries to adopt sound policies affecting exchange rates and currency values. The IMF promotes trade.
The World Bank
Part of the United Nations established in 1944 for the purpose of fighting world poverty by promoting economic development.
The World Trade Organization (WTO)
Established to promote international free trade. It helps reduce trade barriers (tariffs).
Outsourcing
A firm tries to reduce costs by locating production facilities in other countries and hiring cheaper foreign workers.
Overall Key Issue for the course
To what extent should we embrace globalization?
Main Issue for Part 1
To what extent should globalization shape identity?
Chapter 1
To what extent does globalization influence my life?
Chapter 2
To what extent does globalization affect people’s identities?
Chapter 3
To what extent do media and communications technology affect identities?
Chapter 4
Should we respond to the challenges that globalization poses to identity?
Chapter 5
Should we respond to the opportunities that globalization provides for identity?
