Economics Concepts and Definitions
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Questions and Answers

What is the term for a political and economic phenomenon encompassing broader areas of cooperation?

  • Regionalism (correct)
  • Regionalization
  • Globalism
  • Non-Aligned Movement
  • Which regional organization is facing challenges due to nationalism and populism?

  • ASEAN
  • European Union (correct)
  • NAM
  • APEC
  • What is the term for the movement of countries advocating for non-alignment during the Cold War?

  • New Regionalism
  • Non-Aligned Movement (NAM) (correct)
  • Regionalism
  • Globalism
  • What is the term for a regional concentration of economic flows?

    <p>Regionalization</p> Signup and view all the answers

    What is the term for the United Kingdom's withdrawal from the European Union?

    <p>Brexit</p> Signup and view all the answers

    What is the term for values material wealth and human-made laws?

    <p>Globalism</p> Signup and view all the answers

    What has been argued by Peter Berger about the contemporary world?

    <p>It is furiously religious</p> Signup and view all the answers

    Which organization has criticized the negative effects of economic globalization?

    <p>World Council of Churches</p> Signup and view all the answers

    What is the term for the strict adherence to religious beliefs and practices?

    <p>Religious Fundamentalism</p> Signup and view all the answers

    Who argued that modernization erodes religious practice?

    <p>Secularization Theory</p> Signup and view all the answers

    What is the term for the spread of religious ideas globally?

    <p>Religious Evangelization</p> Signup and view all the answers

    Who observed the correlation between religion and capitalism?

    <p>Max Weber</p> Signup and view all the answers

    What is the term that refers to a state's authority over its territory and freedom from external interference?

    <p>Sovereignty</p> Signup and view all the answers

    What is the term for the simultaneous occurrence of economic stagnation and inflation?

    <p>Stagflation</p> Signup and view all the answers

    What was the main goal of the Concert of Europe?

    <p>To restore pre-French Revolution order</p> Signup and view all the answers

    Which of the following leaders is associated with the advocacy of neoliberal policies?

    <p>Both of the above</p> Signup and view all the answers

    Who is credited with promoting nationalism as a prerequisite for internationalism?

    <p>Giuseppe Mazzini</p> Signup and view all the answers

    What is the term for the alliance of countries that opposed the Allied Powers during World War II?

    <p>Axis Powers</p> Signup and view all the answers

    What is the term for the government spending program aimed at stimulating economic growth?

    <p>Stimulus Package</p> Signup and view all the answers

    What is the term for the process of reducing trade barriers to promote free trade?

    <p>Trade Liberalization</p> Signup and view all the answers

    What is the primary function of the Security Council in the United Nations?

    <p>To maintain international peace and security</p> Signup and view all the answers

    What type of organization is primarily composed of member-states?

    <p>International Organization</p> Signup and view all the answers

    What is the term for the practice of lowering labor and environmental standards to attract foreign investment?

    <p>Race to the Bottom</p> Signup and view all the answers

    What is the term for the process of increasing interconnectedness between nations?

    <p>Internationalization</p> Signup and view all the answers

    What is the term for the illegal trade of people for exploitation?

    <p>Human Trafficking</p> Signup and view all the answers

    Which of the following organizations supports migrant communities?

    <p>Chinese Consolidated Benevolent Association</p> Signup and view all the answers

    What is the term for the disproportionate impact of environmental problems on the poor?

    <p>Environmental Justice</p> Signup and view all the answers

    What is the international agreement aimed at reducing greenhouse gas emissions?

    <p>Kyoto Protocol</p> Signup and view all the answers

    Which of the following is a major contributor to environmental pollution?

    <p>Buses &amp; Motorbikes</p> Signup and view all the answers

    What is the term for the warming of the Earth's surface due to greenhouse gas emissions?

    <p>Global Warming</p> Signup and view all the answers

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