Introducing Global Issues Chapter 1 Terminology
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8 Terms
Global South
Poorer countries of the world, often referred to as the developing world.
Global North
Wealthier, developed countries including the US, Canada, Western Europe, Japan, and Australia.
States
Political units with the authority to make decisions over a geographic area.
Sovereignty
The independent authority of a state to make political, economic, and military decisions.
Nation
A group of people sharing a common identity, with or without a geographic area.
IGO (International Governmental Organization)
A political and economic unit formed by states to cooperate, but also gives up sovereignty for common goals.
MNC (Multinational Corporation)
A business operating in multiple countries, often possessing immense wealth and power.
NGO (Nongovernmental Organization)
A private citizen group working outside of government to address specific global issues.