Sovereignty and Global Economics

These flashcards cover concepts related to political sovereignty, international law, colonialism, and the economic factors affecting global regions.

Sovereignty

The right of a state to rule itself and make its own decisions.

Territorial Integrity

The principle of international law that a state has the right to defend its territory against external aggression.

Colonialism

The practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Shatter Belt

A region where conflicting political and cultural interests collide, often resulting in instability and conflict.

Choke Point

A geographic feature that constricts the flow of goods and can be strategically important for economic or political reasons.

Independence

The condition of a state being free from the control of foreign powers.

Global Disparity of Wealth

A significant difference in the distribution of wealth between different regions or countries.

Lingua Franca

A language that is used as a common means of communication between speakers of different native languages.

Political Power Distribution

The way in which power is allocated among various political entities.

Economic System

The means by which countries and governments distribute resources and trade goods and services.