Lesson 4 Flashcards

Chapter 2 (8 cards)

1
Q

sovereignty

A

independence, when applied to a state; the ability for a state to manage its own affairs without direction from any other state

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2
Q

unitary state

A

a country that is governed by a strong central authority

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3
Q

federal state

A

a country made up of smaller units with some degree of governing independence and authority

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4
Q

Global North

A

The regions and countries characterized by higher levels of industrial development, a higher standard of living and prosperity, and higher income. Most of the Global North is within the northern hemisphere of the world

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5
Q

Global South

A

The regions and countries characterized by lower levels of industrial development, a lower standard of living and prosperity, and generally lower income characterized by a large level of income inequality. Most of the Global South is near the Equator and in the southern hemisphere of the world

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6
Q

gross domestic product (GDP)

A

the calculation of the value of all goods and services produced in a country in a specific year

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7
Q

gross national income (GNI)

A

the calculation of the value of all goods and services produced in a country in a specific year, plus all income produced internationally for companies based in the home country

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8
Q

globalization

A

the interconnection of countries across the whole planet, which includes both economic and cultural aspects

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