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99 Cards in this Set
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Gross domestic product
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estimate of the total value of all materials, foodstuffs, goods, and services that are produced by a country in a particular year
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gross national income
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a measure of income to country from production wherever in the world it occurs
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purchasing power parity
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how much common "market basket" of goods and services each currency can purchase locally, including goods and services that are not traded internationally
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carrying capacity
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max population that can be maintained in a place with rates of resource use and waste production that are sustainable in the long term without damaging overall productivity of that or other places
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sustainable development
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vision of development that seeks a balance among considerations of economic growth, environmental impacts, and social equity
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ecological footprint
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measure of the human pressures on the natural environment from the consumption of renewable resources and the production of pollution
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primary activities
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those concerned directly with natural resources of any kind
ex: agriculture, mining, fishing, and forestry |
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secondary activities
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those that process, transform, fabricate, or assemble the raw materials derived from primary activities or that reassemble, refinish, or package manufactured goods.
ex: steel making, food processing, furniture making, textile manufacturing, automobile assembly, and garment manufacturing |
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tertiary activities
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those involving the sale and exchange of goods and services
ex: warehousing, retail stores, personal services |
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quaternary activities
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those dealing with the handling and processing of knowledge and info
ex: data processing, info retrieval, education, and research and development |
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newly industrializing countries
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countries, formerly peripheral within the world-system, that have acquired a significant industrial sector, usually through direct foreign investment
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trading blocs
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groups of countries with formalized systems of trading agreements
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autarky
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small peripheral countries that do not contribute significantly to the flows of imports and exports that constitute the geography of trade
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dependency
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high level of reliance by a country on foreign enterprises, investment, or technology
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international division of labor
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specialization, by countries, in particular products for export
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elasticity of demand
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degree to which levels of demand for product or service change in response to changes in price
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terms of trade
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determined by the ratio of the prices at which imports and exports are exchanged
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import substitution
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attempt the establish a new role in international division of labor, moving away from a specialization in primary commodities toward a more diversified manufacturing base
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debt trap
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syndrome of having constantly to borrow in order to fund "development"
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initial advantage
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highlights the importance of an early start in economic development
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external economics
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cost savings resulting from advantages that are derived from circumstances beyond a firm's organization and methods of production
existing labor markets, consumer markets, so on |
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localization economies
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cost savings that accrue to particular industries as a result of clustering together at a specific location
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agglomeration effects
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cost advantages that accrue to individual firms because of their location among functionally related activities
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cumulative causation
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spiraling buildup of advantages that occurs in specific geographic settings as a result of the development of external economics, agglomeration effects, and localization economies
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infrastructure
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underlying framework of services and amenities needed to facilitate productive activity
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backwash effects
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negative impacts on a region of the economic growth of some other region
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spread effects
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positive impacts on a region of the economic growth of some other regions, usually a core region
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agglomeration diseconomies
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negative economics effects of urbanization and the local concentration of industry
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deindustrialization
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relative decline in industrial employment in core regions as firms scale back their activities in response to lower levels of profitability
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creative destruction
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withdrawal of investments from activities that yield low rates of profit in order to reinvest in new activities
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growth poles
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places of economic activity deliberately organized around one or more high-growth industries
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foreign direct investment
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flows of capital, knowledge, goods, and services among countries
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transnational corporations
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companies that participate not only in international trade but also in production, manufacturing, and/or sales operations in several countries
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conglomerate corporations
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corporations that consist of several divisions engaged in quite different activities are known
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fordism
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mass production, based on assembly-line techniques and "scientific" management, together with mass consumption, based on higher wages and sophisticated advertising techniques
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neo-fordism
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the logic of mass production coupled with mass consumption has been modified by the addition of more flexible production, distribution, and marketing systems
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flexible production systems
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involve flexibility both within firms and between them
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vertical disintegration
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evolution from large, functionally integrated firms within a given industry toward networks of specialized firms, subcontractors, and supliers
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strategic alliances
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commercial agreements between transnational corporations, usually involving shared technologies, marketing networks, market research, or product development
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export-processing zones
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small areas within which especially favorable investment and trading conditions are created by governments in order to attract export-oriented industries
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offshore financial centers
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islands and micro-states that have become specialized nodes in the geography of worldwide financial flows
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world cities
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places that are able not only to generate powerful spirals of local economic development but also to act as pivotal points in the reorganization of global space
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agrarian
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describe the way of life that deeply embedded in the demands of agricultural production
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agriculture
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a science, art, and a business directed at the cultivation of crops and the raising of livestock for sustenance and profit
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hunting and gathering
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characterizes activities whereby people feed themselves by killing wild animals and gathering fruits, roots, nuts, and other edible plants
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subsistence agriculture
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system in which agriculturalists consume all they produce
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commercial agriculture
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farmers produce crops and animals primarily for sale rather than for direct consumption
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shifting cultivation
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form of agriculture usually found in tropical forests, farmers aim to maintain soil fertility by rotating the fields they cultivate
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crop rotation
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fields under cultivation remain the same but the crops planted are changed to balance the types of nutrients withdrawn from and delivered to the soil
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swidden
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one the land has been cleared and ready for cultivation
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intertillage
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practice of mixing different seeds and seedlings in the same swidden
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intensive subsistence agriculture
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practice involving the effective and efficient use of a small parcel of land in order to maximize crop yield
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pastoralism
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the breeding and herding of animals to satisfy the human needs for food, shelter, and clothing
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transhumance
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movement of herds according to seasonal rhythms
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mechanization
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replacement of human farm labor with machines
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pastoralism
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the breeding and herding of animals to satisfy the human needs for food, shelter, and clothing
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chemical farming
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application of synthetic fertilizers to the soil to enhance yields
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food manufacturing
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adding economic value to agricultural products through a range of treatments occurring off the farm and before the products reach the market
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"Blue Revolution"
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introduction of motorized and larger boats, processing technology and infrastructure, and new production techniques into peripheral country fisheries
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aquaculture
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growing of aquatic creatures in ponds on shore or in pens suspended in water
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agricultural industrialization
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process whereby the farm has moved from being the centerpiece of agricultural production to being one part of an integrated multilevel industrial process
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globalized agriculture
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modern agriculture is increasingly dependent on an economy and set of regulatory practices that are global in scope and organization
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land reform
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redistribution of land by the state with a goal of increasing productivity and reducing social unrest, was seen as a solution and was implemented by revolutionary governments and others seeking to reduce the risk of rural uprising
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nontraditional agricultural exports
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new export crops that contrast with traditional exports
ex: sugar and coffee |
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agribusiness
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set of economic and political relationships that organizes food production from the development of seeds to the retailing and consumption of the agricultural product
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food chain
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composed of 5 central and connected sectors (inputs, production, processing, distribution, and consumption)
with 4 contextual elements acting as external mediating forces (the state, international trade, physical environment, and credit and finance) |
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food regime
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specific set of links that exists among food production and consumption and capital investment and accumulation opportunities
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biotechnology
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any technique that uses living organisms to make or modify products
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under-nutrition
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inadequate intake of one or more nutrients and/or of calories
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famine
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acute starvation associated with a sharp increase in mortality
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food security
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a person, household, or even a country has assured access to enough food at all times to ensure active and healthy lives
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genetically modified organism
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any organism that has had its DNA modified in a lab rather than through cross-pollination or other forms of evolution
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urban agriculture
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establishment or performance of agriculture practices in or near an urban or city like setting
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geopolitics
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state's power to control or territory and shape the foreign policy of individual states and international political relations
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nation
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group of people sharing certain elements of culture
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nation-state
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ideal form consisting of a homogeneous group of people governed by their own state
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sovereignty
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exercise of state power over people and territory, recognized by other states and codified by international law
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citizenship
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category of belonging to a nation-state that includes civil, political and social rights
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nationalism
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feeling of belonging to a nation, as well as the belief that a nation has a natural right to determine its own affairs
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centripetal forces
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strengthen and unifying something
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centrifugal forces
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divide or tend to pull something apart
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federal state
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allocates power to units of local government within the country
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unitary state
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power is concentrated in the central government
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confederation
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group of state united for a common purpose
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decolonization
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reacquisition by colonized peoples of control over their own territory
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international organization
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one that includes 2 or more states seeking political and/or economic cooperation with each other
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domino theory
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if one country in a region chose o was forced to accept a communist political and economic system, neighboring countries would fall to communism as well
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new world order
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assumes that with the triumph of capitalism over communism, the US becomes the worlds only superpower and therefore its policing force
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terrorism
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the threat of use of force to bring about political change
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bioterrorism
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deliberate use of microorganisms or toxins from living organisms to induce death or disease
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supranational organization
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collection of individual states with a common goal that may be economic and/or political in nature
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international regime
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involvement of the state in these new global activities
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human rights
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rights to justice, freedom, and equality
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global civil society
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broad range of institutions that operate between the private market and the state
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self-determination
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refers to the right of a group with distinctive politico-territorial identity to determine its own destiny through control of its own territory
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regionalism
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feeling of collective identity based on a population's politico-territorial identification within a state or across state boundaries
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sectionalism
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extreme devotion to local interests and customs
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democratic rule
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system in which public policies and officials are directly chosen by popular vote
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territorial organization
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system of government formally structured by area, not by social groups
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