Globalization Vocabulary

Globalization

Context

• technology (shipping, communication) has made the global world possible

• What happens in other parts of the world effects us (economy)

Green Revolution

Context• Changes to irrigation,

synthetic pesticides, hybrid seeds, etc.

Global WarmingContext

Kyoto Protocol

Context

• The U.S. has not signed the Protocol

Endangered Species

• Can result from natural causes such as climate change or man-made issues such as poaching

Standard of living

• Depends on a geographic area

• The ability to get what one needs and feel comfortable

Outsourcing

• In regards to companies spending less money on foreign workers, even those who may be domestic immigrants, lower regulatory costs are an addition to companies saving money when outsourcing. Comparing the costs to employing a worker in the United States to a worker in China, it is noticed that the employer in the U.S. has to pay for social security, Medicare, safety protection (OSHA regulations) and also FICA (taxes).

• Buchholz, Todd G. Bringing the Jobs Home: How the Left Created the Outsourcing Crisis--and How We Can Fix It. New York: Sentinel, 2004. Print 97-118.

Deforestation

• trees or derived charcoal are used as, or sold, for fuel or as timber, while cleared land is used as pasture for livestock, plantations of commodities, and settlements.

Desertification

• Lake Chad in a 2001 satellite image, with the actual lake in blue. The lake has shrunk by 95% since the 1960s.

• Clear connection to global warming

Epidemic

• Lack of trust in modern medicine, high cost of medicines and cultural practices will continue this epidemic

Global North

• As nations become economically developed, they may become part of the "North", regardless of geographical location

• Most developed countries were/are in northern hemisphere

United Nations

• replace the League of Nations

• stop wars between countries, and to provide a platform for dialogue. It contains multiple subsidiary organizations to carry out its missions.

Interdependence

• The opposite of the way you look at your parents

Developed nations

• http://en.wikipedia.org/wiki/File:2011_UN_Human_Development_Report_Quartiles.svg

United States, Britain

Developing Nations

• Brazil, China, India

First World, Second World, Third World

•   First World: United States and its allies.

•   Second World: Soviet Union, China, and their allies.

•   Third World: neutral and non-aligned countries.

G-8

Newly Industrialized Country (N.I.C.)

Fair Trade

• Fair trade is an organized social movement and market-based approach that aims to help producers in developing countries to make better trading conditions and promote sustainability