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Social 10-2 - Unit 3: Review (Terms and Key Concepts) Flashcards | StudBud
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Social 10-2 - Unit 3: Review (Terms and Key Concepts)
Social 10-2 - Unit 3: Review (Terms and Key Concepts)
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1
The _____was a major event in 1989 that led to more free trade.
Cold War
WTO
G8
FTAA
2
The ______ Agreement helped set the rules for the global economy.
IMF
WTO
Bretton Woods
World Bank
3
Canada exports most of its goods to the ______.
Japan
Mexico
China
United States
4
______is when governments support local companies against foreign control.
Subsidy
Free trade
Economic nationalism
Deregulation
5
______are businesses that operate in multiple countries
World Trade Organization (WTO)
Free Trade Area of the Americas (FTAA)
Non-Governmental Organizations (NGOs)
Transnational Corporations (TNCs)
6
____ means watering crops using systems or machines.
Erosion
Irrigation
Reclaimed
Arable
7
What______monitors exchange rates and gives short-term loans.
World Bank
HIPCs
WTO
IMF
8
The idea of a common North American currency is called ______.
Amero
Euro
Peso
Dollar
9
____ means buying a lot of goods and services, often more than needed.
Consumerism
Ethics
Sustainable development
Clear-cutting
10
The______is a proposed agreement to reduce trade barriers in the Americas.
TNC
NAFTA
FTAA
EU
11
The ______helps poor countries with large debts.
HIPC
GATT
IMF
TNC
12
The ____ is the area around a country where it can control fishing and resources in the ocean.
EEZ
Implication
Reclaimed
Selective cutting
13
______is a way to ship goods more efficiently using large containers.
Privatization
Deregulation
Containerization
Automation
14
Selling public property to private businesses is called ______.
Deregulation
Tariff
Subsidy
Privatization
15
Land that is ____ is fixed or used again after it has been damaged.
Desalinated
Sustainable
Arable
Reclaimed
16
_____measures the average income per person.
GDP per capita
TNC
Tariff
Subsidy
17
______is the belief that a country’s economy should be controlled by its own people.
Globalization
Free trade
Economic nationalism
Socialism
18
______means selling government businesses to private companies.
Deregulation
Privatization
Crown corporation
Subsidy
19
____ is the idea of taking care of land and nature for future generations.
Stewardship
Urbanization
Arable
EPA
20
A ______is financial help from a government.
Tax
Subsidy
Tariff
Loan
21
Land that is ____ is good for farming.
Agribusiness
Urban
Sustainable
Arable
22
A workplace with poor pay and working conditions is called a ______.
Monopoly
Sweatshop
TNC
Maquiladora
23
______is when countries try to limit foreign trade to protect their industries.
Globalization
Deregulation
Protectionism
Free trade
24
______means removing government rules to increase competition.
Nationalization
Deregulation
Subsidy
Privatization
25
A _____is when several countries agree to reduce trade barriers.
Tariff
Crown corporation
Trading bloc
Subsidy
26
______is a government-owned company providing essential services.
Crown corporation
Tariff
NGO
TNC
27
The ______organization replaced the GATT in global trade.
WTO
FTA
EU
IMF
28
Trade ______ means reducing barriers like tariffs and quotas.
Liberalization
Protectionism
Globalization
Privatization
29
A ______economy focuses on information, tech, and services.
Knowledge
Mixed
Industrial
Agricultural
30
The ______is used in the European Union.
Peso
Yen
Dollar
Euro
31
A ______is a foreign-owned factory in Mexico.
Sweatshop
Maquiladora
TNC
Tariff
32
____ means using resources in a way that does not harm the future.
Agribusiness
Erosion
Irrigation
Sustainable development
33
______is financial aid from the government to support industries.
Subsidy
Free trade
Crown corporation
Monopoly
34
______allows you to buy foreign goods and services.
Exchange rate
Tariff
Free trade
Trade bloc
35
____ means doing what is right, based on values and morals.
Desalination
Ethics
Surface mining
Peatlands
36
____ means cutting down only certain trees and leaving the rest.
Clear-cutting
Surface mining
Selective cutting
Consumerism
37
The ______provides long-term loans to help rebuild economies.
World Bank
WTO
GATT
IMF