Cultural and Economic Concepts Quiz

Related Issue 1 Key Terms

• Education: Knowledge, skills, and understanding gained from school, college, or university.
• Globalization: Process of increasing interconnectedness and dependence among world citizens.
• Individual Identity: Group of characteristics and values people use to define themselves.
• Collective Identity: Common characteristics and values used to define a group.
• CRTC: Canadian Radio-television and Telecommunications Commission.
• Francophone: Person whose first language is French.
• Anglophone: Person whose first language is English.
• Multiculturalism: Policy supporting respect for diverse languages, beliefs, traditions, values, and religions.
• Consumer: Person who buys goods or services for personal use.
• Migration: Movement of people from one region or country to another.
• Urbanization: Process where people move to rural areas near cities, making them urban.
• Homogenization: Process where cultures become more similar in values, attitudes, beliefs, customs, language, and traditions.
• Acculturation: Change in an individual or group due to contact with another group.
• Accommodation: Adjustments and compromises to accommodate differences.
• Assimilation: Process where a minority culture adopts a dominant culture.
• Cultural Revitalization: Effort to restore a culture.
• Universalization of Pop Culture: Spread of one popular culture globally.
• Hybridization: Mixing of identities and cultures in new ways.
• Cultural Diversity: Variety of human cultures in a region or globally.
• Spirituality: Quality of concern with religion or religious matters, or being spiritual.
• Affirmation of Identity: Positive, assertive action to express identity.
• Marginalization: Putting a group of people in a lower or powerless position.
• Integration: Providing equal opportunity for participation by different groups in society.

Related Issue 2 Key Terms

• Cultural Contact: Interaction of two or more independent cultures.
• International Trade: Exchange of raw materials, goods, and services between distant groups.
• Mercantilism: Eurocentric economic policy where European monarchs increased wealth.
• Capitalism: Economic system based on free markets and private ownership.
• Industrialization: Shift from agriculture to manufacturing as a country's main economic activity.
• Imperialism: Policy of one country extending political, economic, or military control over another.
• Raw Material: Unprocessed natural resources.
• Colony: Territory claimed and ruled by another country.
• Ethnocentrism: Judging another culture based on one's own values.
• Legacy: Passing something on to future generations.
• Depopulation: Substantial reduction in a population.
• Eurocentrism: Belief that European concerns, cultures, and values are superior.
• Transnational Corporation: Corporation operating in multiple countries.
• Bretton Woods Conference: Conference establishing financial institutions and rules for international trade.
• Trade Liberalization: Reducing barriers to trade.
• Economic Growth: Increase in a country's or area's economy.
• Foreign Investment: Investment in another country’s shares and assets
• Privatization: Selling government-owned industries and services to private companies.
• Outsourcing: One company hiring another to do certain tasks.
• Knowledge Economy: Economy dependent on information and technology.

Related Issue 3 Key Terms

• Stewardship: Responsible management of resources for future generations.
• Sustainable Development: Development meeting present needs without compromising future needs.
• Environmental Legislation: Laws and regulations protecting the environment.
• World Bank: Financial institution providing loans to countries needing financial assistance.
• International Monetary Fund (IMF): Organization fostering global monetary cooperation and financial stability.
• World Trade Organization (WTO): Organization governing trade rules among nations.
• Free Trade: Trade between countries with minimal restrictions.
• Trading Bloc: Group of countries trading together with favorable terms.
• Tariff: Tax on imported goods.
• Group of Seven (G7): Informal group of the Seven most developed countries.
• Subsidy: Government financial support to industries.
• Interdependence: Dependence of multiple entities on each other.
• Disparity: Lack of equality, especially in a way that's unfair.

Related Issue 4 Key Terms

• Standard of Living: Measure of material comfort in a community and nation.
• Quality of Life: Level of enjoyment and satisfaction, including non-material aspects like political and religious freedom, health care, and the environment.
• Non-Government Organization (NGO): Private charitable organization providing international aid, promoting equality, and protecting the environment.
• Grassroots Organization: Community-based organization working on local projects.
• Consumerism: Preoccupation with acquiring goods and services.
• Sustainable Development: Meeting current needs without harming future generations.
• Clear Cutting: Removing all trees in an area.
• Selective Cutting: Removing specific trees without clearing the whole area.
• Ecological Ethics: Considering the environment from an ecological, not human, viewpoint.
• Gender Inequality: Unequal treatment based on gender.
• UNICEF: United Nations organization for children’s welfare.
• Refugee: Person fleeing their home for safety or seeking asylum.
• Migrant Worker: Person moving to another country to work.
• Pandemic: Epidemic across a significant geographic area, affecting a large number of people.
• WHO: Organization coordinating international health activities.
• Civic Responsibilities: Duties towards one’s community.
• Boycott: Organized campaign refusing goods or services from a specific company or country.
• Petition: Written request to an authority to request change.