Global Market

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Last updated 2:38 AM on 10/13/26
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19 Terms

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GDP

Gross Domestic Product: the total monetary value of all goods and services within a country’s border

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HDI

Human Development Index: life expectancy, education and standard of living. Measured from 0 to 1. 1 means perfect

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Gini coefficient

A measurement that describes how income is distributes across a population

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Internationalization

The worldwide dissemination of sport

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Regionalization

Blocks of countries which have been developed (EU, UEFA, CONCACAF)

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Nationalism

When people share similar cultural identities

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Localization

The adaptation of nonlocal elements to the local context

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Glocalization

Increasing integration and interdependence of sport worldwide (Haka)

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Role and contribution of 19th century Great Britain in spreading the popularity of sport world wide

Exporter of modern sport into the world

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Role of U.S. army in taking American sports to Europe during WWI

Maintaining morale, manage post-war downtime

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Economics in sport in North America

Media & Broadcasting, Sponsorship, Ticketing, Merchandising

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Governance of sport in North America

Government plays small role, free market system

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Major sport events in North America*

Super Bowl, MLB World Series, Pan American and Parapan American Games, Daytona 500

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Which countries are part of Western Europe

Netherlands, Switserland, Autstria, Frnace, Belgian, Germany, Luxembourg

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Economic of sport in Africa

Football, sponsorships, media

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Governance of sport in Africa

Confederations ans associations

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Management of sport in Africa

Record keeping, organization and execution of plans

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Key events in Arab countries

Pan African Games, Asian Games, Mediterranen Games

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Funding in Arab

Governmental