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This ideology believes that individual initiative should be rewarded
What is Capitalism?
This “wing” thinking believes that social status should NOT be determined by wealth
What is “Left-Wing” thinking?
The 3 LEVELS of Canadian Government
What is Municipal, Provincial, and Federal?
a set of beliefs about human nature, society, and patterns of interaction between human beings
What is an Ideology?
The 3 economic questions each economy needs to ask and answer
What to produce? How to Produce it? How to distribute it?
A collection of terms used by members of a social collectives, such as teenagers.
What is slang?
Component of cellphones and other electronic devices that is mined in Eastern Congo.
What is Colton?
The gap that separates people who do – and do not – have access to up to date digital technology.
What is Digital Divide?
A process that occurs when the culture of a minority group is absorbed by another more dominant culture.
What is Assimilation?
Change as a result of contact with 2 or more cultural groups
What is Acculturation?
One countries domination of another country’s economic, political, and cultural institutions.
What is Imperialism?
A way of thinking that centers on one’s own race and culture. These people believe that their worldview is the only valid one.
What is Ethnocentrism?
The area of the Earth’s surface necessary to sustain the level of resources a person uses and the waste she or he creates.
What is Ecological Footprint?
Trade strictly controlled to benefit the economy of an imperial power.
What is Mercantilism?
Canadian General who was the commander of UN Peacekeeping force in Rwanda during the Genocide there.
Who is Romeo Dallaire?
A business strategy that involves reducing costs by using suppliers of products and services in countries where labour is cheaper
What is outsourcing?
Name of the UN organization that was formed during the Great Depression/ World War II to eliminate trade barriers between nations of the world.
What is the International Monetary Fund (IMF) / World Bank ?
Developing countries often replace traditional food production with these types of crops.
What are “Cash Crops”?
Services and facilities necessary for an economy to function (ie: roads, hospitals, airports)
What is infrastructure?
This economist believed that everyone would experience greater prosperity, as well as more political and social freedom, if there was less government control and freer markets
Who is Milton Friedman?
Practicing stewardship of the environment and resources so that the future generations are able to achieve prosperity.
What is sustainable prosperity?
A widely used measure of the health of a countries economy and prosperity of its people.
What is Gross Domestic Product (GDP) ?
This involves selling of public services such as Health care, utilities, liquor stores, so that service is no longer owned by the government.
What is privatization?
Foreign aid that must be spent in the country providing the aid (Donor Country) (Conditions attached to the aid.)
What is “Tied Aid?”
Ethic of kindness, benevolence, and sympathy extended universally to all HUMAN beings
What is Humanitarian?
Make your wager
Ban Ki-moon is the leader of which organization?
United Nations