27778972
Description
Mind Map by ERICK HERNANDEZ HERNANDEZ, updated more than 1 year ago
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Created by ERICK HERNANDEZ HERNANDEZ
over 3 years ago
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GLOBALIZATION
- Capitalism
- Company or individual production
rather than by the government
- Goods, services, and capital are exchanged
in a free market.
- Goods, services, and capital are exchanged
in a free market.
- Company or individual production
rather than by the government
- Developing countries
- countries classified by the World Bank
as low- or middle-income nations.
- countries classified by the World Bank
as low- or middle-income nations.
- E-commerce
- economic transactions that take place electronically, including
Internet-based transactions and direct electronic connections
- economic transactions that take place electronically, including
Internet-based transactions and direct electronic connections
- Homogenization
- Making something uniform or similar.
- Making something uniform or similar.
- International Monetary Fund (IMF)
- international organization of 189 countries, established in 1947
with the goal of promoting cooperation and exchange between
nations
- international organization of 189 countries, established in 1947
with the goal of promoting cooperation and exchange between
nations
- Mercantilism
- nations whose major mode of accumulating wealth is through merchant
trading with other nations.
- nations whose major mode of accumulating wealth is through merchant
trading with other nations.
- Multilateral
- A system involving the participation of more
than two countries.
- A system involving the participation of more
than two countries.
- Multinational corporation
- A corporation that conducts business in
more than one nation.
- A corporation that conducts business in
more than one nation.
- Offshoring
- Transferring organizational functions to other country
- Transferring organizational functions to other country
- Outsourcing
- Transferring noncentral functions to another entity to complete
- Transferring noncentral functions to another entity to complete
- Protectionism
- import and export regulations and government support for
domestic production.
- import and export regulations and government support for
domestic production.
- World Bank
- A union of international organizations established
in 1945 to provide aid to countries seeking to
participate in international exchange and to
reduce poverty around the world.
- A union of international organizations established
in 1945 to provide aid to countries seeking to
participate in international exchange and to
reduce poverty around the world.
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