Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
42 Cards in this Set
- Front
- Back
|
define subsidary |
chain in a new country (walmart) |
|
|
define head office |
controls everything for the buisness |
|
|
define capital intensve labour |
use of technology to create more money rather then more jobs |
|
|
define labour intensive production |
used to create more jobs for workers |
|
|
what did keynes do |
he had more of a communist view in the sense that he believed that there should be more gov involvement in a ression |
|
|
what did hayek do |
he believe in a capitalist mindset that there shouldn't be gov involvement |
|
|
what is the USSR |
soviet union |
|
|
define boom and bust cycle |
the natural inflation and deflation in the economy |
|
|
what does GATT stand for |
general agreement on tariffs and trade |
|
|
define GATT |
an international agreement that aimed to reduce trade barriers |
|
|
define tariff |
a tax on imported goods to increase price on imported goods making domestic goods more affordable |
|
|
define the free trade agreement |
trade agreement between canada and the usa to reduce tariffs |
|
|
define the world trade organization |
world organization that works to improve trade and sets regulations |
|
|
what does NAFTA stand for |
north american free trade agreement |
|
|
define NAFTA |
an agreement between north american countries that works to reduce tariffs and improve trade |
|
|
define privatization |
the process of a business being sold by the gov to an individual |
|
|
define nationalization |
when a privately owned business is sold to the gov becoming public |
|
|
define crown corporations |
corporations operated by the federal gov owned by the crown ` |
|
|
define outsourcing |
the process of moving a part of your business out of the company to another who specializes in that task. |
|
|
define offshoring |
outsourcing over seas |
|
|
define reclaiming land |
when land has been ruined the process of regenerating and restoring it |
|
|
define urbanization |
the growth of cities by people moving from farms to the city for jobs |
|
|
what are the challenges with urbanization |
it leads to more waste and the need for more resources also the use of land |
|
|
define stakholders |
anyone affected by the company or act |
|
|
define the coyote protocol |
a international agreement made to reduce greenhouse gas emissions |
|
|
what does CITES stand for |
Convention on the International Trade of Endangered Species |
|
|
define CITES |
its an agreement that protects the trading of endangered species and prevents them from becoming extinct |
|
|
what does CIDA stand for |
canadian international development agent |
|
|
define CIDA |
gov agency responsible for administering social aid programs in less developed countries |
|
|
define quality of life |
the standard of living |
|
|
define disparity |
social and economic gaps between people, societies or countries |
|
|
define standard of living |
the quality of living |
|
|
HDI |
human development index |
|
|
define HDI |
measures the development of countries and includes life expectancy and health |
|
|
GDP |
gross domestic product |
|
|
define GDP |
the total value of goods and products made yearly by a country |
|
|
define Knowlage index |
measure of a countries adult literacy |
|
|
define internationalism |
policy of countries working together despite race and religion |
|
|
convention on right of the child |
outlines a Childs rights |
|
|
IANWGE |
inter agency network on women and gender equality |
|
|
define IANWGE |
identified areas where women are at risk or concerned |
|
|
define employment equality |
idea of equal pay for equal work |
