stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Economic Globalization Unit Review Flashcards | StudBud
Explore
/
Economic Globalization Unit Review
Economic Globalization Unit Review
25 terms
·
StudBud Administration
·
5,230 plays
EcoGlob Review
Flashcards
25 cards
F
Practice quiz
P
Host live
L
Questions
25
Answers
1
During the Roaring 20's, Canada and the US had ________ economies and experienced prosperity.
Market
Command
Communist
Capitalist
2
51/100 of the most powerful economies are _____, which also control most of the world's energy.
National Governments
Transnational Corporations
Mom and Pop Shops
National Corporations
3
This organization grants short-term loans to member nations, often with harsh conditions:
IMF
NATO
NAFTA
World Bank
4
This organization grants long-term loans to developing countries (often with harsh conditions):
IMF
NAFTA
NATO
World Bank
5
This term refers to our responsibility to be caretakers of our planet's resources
Stewardship
Development
Sustainability
Environment
6
"Government needs to intervene in the economy during a downturn. It should borrow and spend!"
Friedman
Marx
Keynes
Hayek
7
Smog, acid rain, water scarcity, and deforestation are all products of:
Green Technology
Stewardship
Sustainable Development
Unsustainable Development
8
This disaster resulted from scared investors selling large quantities of shares as prices fell:
Bank Foreclosure
The Roaring 20's
Great Depression
Stock Market Crash
9
Stalin introduced a ____ economy in the USSR, which gave the government total economic control.
Communist
Centrall Planned
Command
Market
10
This process revolutionized international tade, making the transfer of goods more efficient.
Containerization
Cubization
Parcelling
Shippingization
11
In Jamaica, healthcare, education, and local markets suffered under conditions from the ______.
NATO
IMF
NAFTA
TD Bank
12
Development that does not deplete the Earth's resources for future generations:
Stewardship
Unsustainable Development
Ecological Development
Sustainable Development
13
________ created free trade between Canada, the US, and Mexico, but has been criticised.
UN
NATO
WTO
NAFTA
14
_______ provides more money to producers than to middlemen. Often means more expensive goods.
Free Trade
Honest Trade
Open Trade
Fair Trade
15
This long term economic downturn saw banks going bankrupt and personal savings wiped out.
The Stock Market Crash
The Great Depression
The Roaring 20's
Economic Recession
16
The post WWII ideological conflict between capitalst USA and communist USSR was called:
World War II
Hot War
Just Right War
Cold War
17
Human activity - namely the burning of fossil fuels - has ______ the global warming process.
Created
Slowed Down
Stopped
Sped Up
18
"The government needs absolute control over every facet of the economy and distribution!"
Keynes
Marx
Friedman
Hayek
19
Your ecological footprint represents the area of the earth's surace necessary to:
None of the Above
Just sustain the resources you consume
Just sustain the waste you create
Both of the Above
20
"Government isn't skilled enought to fix the economy. They should keep their hands off!"
Marx
Hayek
Friedman
Keynes
21
A Canadian company's call support center operating in India is an example of:
International Trade
Outsourcing
Expansionism
Containerization
22
This international conference, held in the USA, created the World Bank and IMF:
Bretton Woods
NAFTA
United Nations
NATO
23
World War One had a huge impact on many economies in Europe mainly because of destroyed ______:
Houses
Crops
Tanks
Infrastructure
24
Businesses that operate in multiple nations or countries (producing or selling) are called:
Transnationals
NGO's
Internationals
Stores
25
Which of the following is NOT evidence of Climate Change?
Sea Level Rise
Growing Ice Sheets and Sea Ice
Extreme Weather Events
Global Temperature Rise