Globalization and Cultural Interactions Flashcards

Flashcards for Globalization and Related Concepts

Pros of Globalization

Access to information, fast travel, access to goods from around the world.

Cons of Globalization

Inequality, outsourcing, assimilation, homogenization of culture, threat to indigenous cultures.

Homogenization

The process by which cultures become more alike.

Accommodation

Making adjustments or reaching compromises to allow for differences.

Culture

The characteristics and knowledge of a particular group of people, encompassing language, religion, cuisine, social habits, music, and arts.

Cultural Protectionism

Finding ways to protect your own culture, beliefs, values, or customs.

National Identity

A person's identity or sense of belonging to one or more states or nations.

Ethnocentrism

Evaluation of other cultures according to preconceptions originating in the standards and customs of one's own culture.

Eurocentrism

Focusing on European culture or history to the exclusion of a wider view of the world, implicitly regarding European culture as preeminent.

Imperialism

The control of a nation over a dependent country or people.

Industrial Revolution

The rapid transition from an agriculture-based economy to a manufacturing-based economy.

Capitalism

An economic system designed to increase the wealth of business people, based on individualism and competition.

Land Claims

A kind of land that will belong to an indigenous group that they will use for their own benefit.

Marginalized

Treated as insignificant or peripheral.

Developed Country

A sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure.

Developing Country

A sovereign state with a lesser-developed industrial base and a lower Human Development Index.

Consequences of Global Warming

Melting of glaciers, changes of weather patterns, and more extreme weather events.

Quality of Life

The degree of enjoyment and satisfaction experienced in everyday life, including standard of living and non-material things.

Foreign Aid

Money, goods, services sent from one country to another, providing emergency relief and improving quality of life in developing countries.

Trans-Atlantic Slave Trade

The transportation by slave traders of enslaved African peoples, mainly to the Americas.

Economic Globalization

The widespread international movement of goods, capital, services, technology, and information.

Plantation

An agricultural estate for farming that specializes in cash crops.

IMF

An international organization that promotes global economic growth and financial stability, encourages international trade, and reduces poverty.

World Bank

An international financial institution that provides loans and grants to the governments of low- and middle-income countries for capital projects.

Ecological Footprint

The impact of a person or community on the environment, expressed as the amount of land required to sustain their use of natural resources.

Stewardship

The job or responsibility of supervising or taking care of something.

Universal Declaration of Human Rights

A declaration that human rights are universal and enforced through laws and agreements.