Flashcards
TCW Lesson 1
Flashcards do conjunto (36)
- 1modern, current, or belonging to the present timesContemporary
- 2narrow-mindedness or having limited perspectiveParochialism
- 3focus on the smaller issue and not on the wider contextParochialism
- 4Avoid _____?Parochialism
- 5The subjects involved in the study of the Contemporary World Program: what are the 5?Geography, History, Economics, Sociology, Political Science
- 6relation between the people and the environmentGEOGRAPHY
- 7study of past eventsHISTORY
- 8the proper allocation and efficient use of available resources for the maximum satisfaction of human wantsECONOMICS
- 93 phases of economicsconsumption, production, and distribution
- 10ang budget allocation dapat naka focus sa?health, education, and income
- 11needs - ? demands - ?needs = kailangan
demands = combined willingness to pay - 12Economics exist because of 2 basic factsUnlimited needs and wants
Limited resources - 13Social behaviors and patternsSOCIOLOGY
- 14political behaviors, governmentsPOLITICAL SCIENCE
- 15The course’s approach: ?The Study of Globalization
- 16Four Perspectives/Viewpoints on GlobalizationEconomic Globalization
Cultural Globalization
Political Globalization
Social Globalization - 17Movement of people, goods, services, capital, and technology across bordersEconomic Globalization
- 18The global spread and integration of culture in terms of norms, beliefs, religion, language, and ways of lifeCultural Globalization
- 19The development and influence of international organizationsPolitical Globalization
- 20best example of political globalizationUnited Nations
- 21“Global Village”Social Globalization
- 22Communications technology is “_______” our worldCommunications technology is “shrinking” our world
- 23businesses with a headquarters in one country but with business operations in a number of others.Multi-national or trans-national corporations (MNCs or TNCs)
- 24advantages of globalization1. peaceful relations
2. create more employment opportunities
3. encourages free trade
4. cheaper prices
5. makes the world a smaller place
6. improves travel and tourism
7. cultural diversity - 25one of the most crucial advantages of globalizationCREATE MORE EMPLOYMENT OPPORTUNITIES
- 26is a policy in which a country does not levy taxes, duties, subsidies, or quota on the import-export of goods and services from other countriesFree trade
- 27It is an economic and political theory that focuses on the importance of free markets, limited government intervention, private ownership, and free trade.NEOLIBERALISM
- 28It is a policy that allows government to promote domestic or local producers by imposing tariff and quotaPROTECTIONISM
- 29it is a tax imposed in the imported goods and servicesTariff
- 30it is a gov’t trade restrictions that limit the quantity of goods imported/exported over a particular period of timeQuota
- 31AFTAASEAN Free Trade Area
- 32EFTAEuropean Free Trade Association
- 33driver of economic growthTourism
- 34The expansion of the capitalist system around the world.WORLD SYSTEM THEORY
- 353 independent regions of world system theoryCore countries - highly developed countries
Semi-periphery - middle income countries
Periphery - developing countries — economically dependent on core countries - 36disadvantages of globalization1. health issues
2. loss of culture
3. environmental degradation
4. uneven wealth distribution
Informações
- Descrição
- FlashCards sobre TCW Lesson 1, criado por Kyla Lorinne Pangindian em 03-02-2025.
- Criado por
- Kyla Lorinne Pangindian
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