AP World Week 27

Globalization

The growing interaction and interconnection between different parts of the world, primarily due to improved technology.

Green Revolution

The development of new wheat, rice, and grain seeds with higher yield and drought resistance, introduced along with GMOs, fertilizers, and pesticides.

Petroleum

Oil, which the world has become dependent on, especially due to European imperialism.

Nuclear Technology

A type of technology invented in the 1940s and 50s, considered the future of energy due to its productivity and cleaner burning, but associated with toxic radiation.

Deforestation

The cutting down of trees, which is harmful to the environment as trees hold soil and absorb water.

Urbanization

The process of population growth that causes environmental change and more waste.

Free Market Economics

An economic system based on supply and demand with minimal government control, popularized by figures like Reagan and Thatcher.

Maquiladoras

Manufacturing plants in Mexico that take advantage of cheaper labor and trade agreements like NAFTA to produce goods.

Special Economic Zones (SEZs)

Areas in foreign countries created to build factories and attract businesses by offering cheaper labor, promoted by Deng Xiaoping in China.

Multinational Organizations

Companies like Nestle and Coca-Cola that keep prices low but may engage in practices like child labor and tax avoidance.