SS10 Final Exam Test Review

Important Terms/Themes

Unit 1

  • Historical Globalization: Key events and impacts on local cultures and economies.

  • Colonization and Imperialism:

    • Old vs New Imperialism: Impact on indigenous populations and economies.

    • Forces driving colonization in Canada.

  • Revitalization of Métis Identity: Historical context and significance.

Unit 2

  • Contemporary Globalization (Economic): Current economic strategies and their effects globally.

  • Privatization: Shifting assets from public to private ownership, impacts on society.

  • Trade Liberalization/Free Trade:

    • Policies designed to reduce barriers to trade.

    • Economic Competition vs Equality: The debate surrounding these concepts.

  • Bretton Woods Agreement: Role of IMF, World Bank, and G.A.T.T.

  • NAFTA/USMCA: Implications of trade agreements between the U.S., Canada, and Mexico.

Unit 3

  • Globalization Forces:

    • Transnationals & Outsourcing: Global commerce and labor dynamics.

    • Americanization & Global Culture: Influence of U.S. culture worldwide.

  • Cultural Pluralism: Recognition and celebration of multiple cultural identities.

  • Global Citizenship: Responsibilities and awareness in a global context.

  • Fair Trade: Ethical considerations in trade practices, particularly in the banana trade.

Miscellaneous Concepts

  • Dimensions of Globalization: Economic, cultural, and political aspects of globalization.

  • Media Concentration: Impacts of ownership on information dissemination.

  • Digital Divide: Widening gap between those with and without access to technology.

  • Ecological Eradication: Consequences of globalization on the environment.

  • Labor Unions: Role in protecting workers' rights amidst global competition.

Debates and Economic Theories

  • Mixed vs Free Market Economics Debate:

    • Important figures: John Maynard Keynes, Friedrich Hayek, and Milton Friedman.

  • Supporter vs Opponent of Globalization: Various perspectives on the consequences of globalization.

Case Studies

  • Post WWII Influences:

    • Impact of the Bretton Woods Agreement in shaping modern economics.

  • Indian Act: Effects on indigenous people's rights and societal structure in Canada.

  • Quiet Revolution in Quebec: Social and political transformations in Quebec.

  • Shipbreaking: Analysis of labor conditions and globalization's impact on industries.