Multinational Corporations
Powerful companies, mainly from the West or Pacific Rim, with production as well as distributin operations in man different countris. Multinationals surged in the decades after World War II
Pokemon
What is one of the most popular japanese shows on tv? Proof of cultural globalizations
Globalization
The trend toward increased cultural and economic connectedness between people, businesses, and organizations throughout the world.
Y2K
A computer glitch that only showed the year by the last two digits. It was feared that when the year changed from 1999 to 2000, computers would think it was really 1900 as it only read the last two digits.
Cell Phones
Transmit and receive signals using high frequency microwaves. Signals are sent as microwaves to towers that then send the signal to a HUB. The HUB then transmits the signal to the receiving cell phone.
Tim Berners
Devloped the world wide web
Human Trafficking
A modern form of slavery in which people are sold, coerced or forced under threat of violence to work agains their will for little or no pay. Has increased with the advent of globalization.
World Trade Organizations
An international agency which encourages trade b/w member nations administers global trade agreements and resolves disputes when they arise.
INGOs
Nonprofit, open membership organization that is not connected to any government and active in at least 3 states
North American Free Trade Agreement
Agreement entered into by Canada, Mexico, and the United States in December 1992 and which took effect on January 1, 1994 to eliminate the barriers to trade in, and facilitate the cross-border movement of goods and services between the countries.
World Bank
A specialized agency of the United Nations that makes loans to countries for economic development, trade promotion, and debt consolidation. Its formal name is the International Bank for Reconstruction and Development.
IMF
International Monetary Fund//a United Nations agency to promote trade by increasing the exchange stability of the major currencies.
The Lexus and the Olive Tree
1999 book by Thomas L. Friedman that posits that the world is currently undergoing two struggles: the drive for prosperity and development, symbolized by the Lexus, and the desire to retain identity and traditions, symbolized by the olive tree
Fundamentalism
Literal interpretation and strict adherence to basic principles of a religion (or a religious branch, denomination, or sect).
CFC
(Abbr.) Chemical compounds originally developed for use in refrigeration systems, now used widely in industry. When released into the air, they break down and release chlorine, which causes damage to the Earth's ozone layer and is responsible for creating the ozone hole.Cholorofluorocarbons
Global Warming
An increase in the average temperature of the earth's atmosphere (especially a sustained increase that causes climatic changes)
Dubai
The rapidly expanding commercial and business capital of the middle east; in the united arab emirates
G-20
Group of 20 leading economies; new great powers, International forum for constructive discussion between industrial and emerging market economies
Population Bomb
Required only three things: a rapid rate of change, a limit of some sort, and delays in perceiving the limit.Predicted that in the 1970s & 1980s hundreds of millions would starve to death; later proven false. Paul Ehrlich
Paul Ehrlich
An ecologist who warned that the greatest threat to the planet is overpopulation and that resources on earth would quickly become depleted as population grew, FAILED.
