Pg 3 Flashcards
(10 cards)
What is imperialism?
An ideology where a country extends its power and dominance over other nations or territories, often through colonization, military force, or economic influence.
This concept often involves the exploitation of resources and the imposition of cultural values.
Define Eurocentrism.
A worldview or perspective that prioritizes European culture, history, and values.
This perspective can lead to the marginalization of non-European cultures.
What is ethnocentrism?
The belief that one’s culture, ethnicity, or group is superior to others.
Ethnocentrism can result in prejudice and discrimination against other cultures.
What was the Bretton Woods Conference?
A conference held in July 1944 that played a foundational role in shaping the global economic order after World War II.
The International Monetary Fund (IMF) and the World Bank were created during this conference.
What is NAFTA?
The North American Free Trade Agreement, effective January 1, 1994, aimed to reduce barriers to trade and investment between the U.S., Canada, and Mexico.
Key components include the elimination of tariffs and barriers and increased trade and economic integration.
What is free trade?
The movement of goods, services, and capital between countries without imposition of barriers such as tariffs, quotas, and subsidies.
Reducing restrictions on trade can lead to increased economic activity.
Fill in the blank: The goal of NAFTA is to _______.
reduce barriers to trade and investment between the U.S., Canada, and Mexico.
True or False: Ethnocentrism promotes cultural equality.
False
What two major institutions were created as a result of the Bretton Woods Conference?
- International Monetary Fund (IMF)
- World Bank
What is one effect of imperialism?
The dominance of one nation over others, often leading to exploitation of resources and cultural imposition.
This can result in significant social, economic, and political changes in the affected territories.
