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Globalization
The increasing connectedness of our world
Mercantilism
Economic theory in which countries depend on their exports and trade is one sided, goods are only exported
Comparative advantage
An economic theory by David Ricardo that states that your environment provides the ideal circumstance for production (creates specialized world)
multi-national companies
companies that span over many nations
the race to the bottom
an attempt to find the cheapest possible means of production through colonization and multi-national companies
trade balance
the difference between number of exports and imports
trade surplus
more exports than imports (good)
Trade deficits
import more than export (bad)
tariffs
taxes on foreign goods which lead to inflation
primogeniture
first born son inherits wealth
Culture
the way in which people live their lives: tradition, religion, food, language, ethnicity, etc.
The clash of civilizations
Samuel Huntington’s flawed theory that western and muslim nations can’t get along
ethnic conflict
conflict between two or more ethnic groups
Subsidy
financial aid given by the government to citizens to support a cause
quota
an amount due
Adam Smith
Laissez-Faire concept, writer of The Wealth of Nations
Laissez-Faire
Capitalism - “hands off” policy
Birth rate
the rate at which babies are born each year
infant mortality rate
rate at which babies survive to their first birthday
death rate
number of deaths each year
dependency ratio
persons who can legal work to those who can’t
types of migration
immigration, emigration, IDP, forced migration, voluntary migration
rural to urban migration
from country to city, for job opportunity, family, health, etc.
refugees
a person who has been forced to leave their country due to war, persecution, or natural disaster
IDP
internally displaced person - a person in their own country with no home, a nation without a state
push/pull factors
factors that cause people to migrate. Push factors motivate the person to leave, pull factors motivate someone to go somewhere
Malthusian theories
human population needs food, and population will always keep growing
population policies
policies put in place to control or grow population
folk/popular culture
folk culture is passed down through generations and is local and rural. Pop culture is more widespread, more subject to change, and more urban
cultural traits
traits that define different cultures and make them stand out, like language, traditions, etc.
fundamentalism
a form of a religion that goes back to the most strict and original version, the literal interpretation of the scripture
geopolitics
how politics is influenced by geography
nation
a large body of people united by common descent, history, culture, or language, etc.
state
defined by specific borders and governed by one government
nationalism
the desire of a nation to become a state
nation-state
one state under one government that is all the same nation group (only one in existence, Iceland)
stateless people
a nation that does not have a state/place to call their own
failed/fragile state
states that are failing, or in danger of failing, with respect to economy or government
Birth Rate
the rate per year at which babies are born
Infant Mortality Rate
the rate at which babies survive through a certain period of time
Death Rate
how many people are dying in a place per year, often in comparison to birth rate
Dependency Ratio
the number of young and old people (dependent people) compared to the amount of people who can work (support the dependent people, 18-65 ages). Do you have enough working persons to support the non-working population.
Emigration
leaving a place
Immigration
entering a place
Voluntary Migration
leaving a place voluntarily/of free will
Involuntary migration
forced migration due to non-sustainable life
refugees
A type of displaced person, a person outside of their own country, usually under some kind of threat
internally displaced persons
a person who is displaced within their own country.Â
rural to urban migration
from country to city because of
push factors
ex) lack of healthcare, war, bad climate, bad government - factors that force a person out of their original home (running from something)
pull factors
ex) a new climate, better healthcare, better education, job opportunities, stable government - a factor that brings a desire for a person to move to a new place (running to a place)
Malthusian Theories
Thomas Malthus, On the Issues of Population: 1) humans need food to survive 2) passion between men and women is constant; food will run out and planet will be overpopulated.
Population policies def.
Policies to restrict or boost the population in a place that need a change.
population policies ex.
restrictions on #of children (China)
financial support or incentive (Sweden) Reproductive rights vs. lack thereof
immigration policies
funding of healthcare/parental leave (USA only core to not have this)
things that Malthus ignored in theories
Didn’t consider contraceptives and rapid food production (advanced tech).
folk vs. popular cultures
folk culture is older and more traditional, popular culture is newer and changes more often based on people - folk culture is being wiped out more and more depending on area (mcworld type situation). Popular culture is more common in most industry type things
cultural traits
language, food, music, dress, fashion, etc. Traits that define what it means to be a member of a certain culture/group
fundamentalism
Extreme religion where the persons believe that the original way is the best way - the most extreme version of something. The strictest version, normally the least common (“true” original version) ex. Hamas in Palestine
geopolitics
ability of a state to control its territory, the ability of a state to control/manage relationships w/ other states
nation
nation is a group of people with the same culture/understanding
state
 a territory controlled by one government encompassed by borders
nation-state
a group of people with a shared cultural understanding (a nation) that becomes a state under one government (a state). A state that is also Nation. Only examples are The Vatican and Iceland
nationalism
a nation of people who want to be their own state/ruled by their own people
patriotism
contradictory trends of borders
 borders becoming more open, borders becoming more closed (border policy changes)
stateless people
People that have been driven out of their country and are living in another country and therefore not represented by any government, not allowed in their own country for some reason (ex. Rohingya, Soon to be Palestinians).
failed/fragile states
a state that can not control its borders/people
reasons for failure
corrupt gov., weak geopolitical state, civil unrest, natural disasters, environmental distress, environmental disasters, power hungry military