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lilaalex English 4 cards

Cards in this deck (4)

  1. 1GlobalisationGlobalisation is the growing interdependence of countries worldwide through the increasing volume and variety of cross-border transactions in goods and services and of the international capital flows, and through the more rapid and widespread diffusion of technology.
  2. 2CapitalismCapitalism is the social and economic system which relies on the market mechanism to distribute the factors of production (land, labour and capital) in the most efficient way.
  3. 3Anti-capitalismAnti-capitalism is a broad term which can cover any challenge to capitalism as the best or only way to organise the world. It was given media prominence during the 1999 WTO summit in Seattle where a wind range of organisations protested against the workings of the international economic system.
  4. 4Transnational corporation (TNC)

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Flashcards on Untitled, created by lilaalex on 27/08/2015.
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