The state of being independent and being able to make your own decisions.
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Eurozone
These are the countries that share the common currency in the EU, the Euro. There are currently 17 members of the Eurozone.
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Euroskeptic
Someone who is against the EU and European integration. Euroskeptics are normally concerned about the loss of national sovereignty.
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UKIP
This is the UK Independence Party. It is a political party in the UK that believes the UK should leave the EU so that it can make all of its decisions independently
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Transnational Corporations (TNCs)
Transnational corporations are companies that operate in more than one country. TNCs will normally locate their headquarters in their home country
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Research and Development (R&D)
Scientific facilities that investigate, design and produce new or updated products,e.g Google and Microsoft
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FDI
Foreign direct investment is money spent by a foreign company in a country. FDI might be the building of a new factory, new road or educating a workforce.
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Deindustrialisation
When factories and industry starts to close down in a country. The UK has gone through deindustrialisation because production costs became too much and many companies chose to move overseas.
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Monopoly
Sufficient control over a market place/product that makes manipulation of prices/supply/etc. possible.
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Secularisarion
To remove allegiance from a particular religion. This basically means that there is no specific state religion.
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Islamaphobia
The fear of, or prejudice behaviour against the Islamic faith.
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Emiratisation
The policy of promoting Emirati's in the workplace (private and public sectors).
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Nationalism
Loyalty to ones nation and/or the desire for independence.
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Anti-globalisation
Opposition to the emergence of a single world market dominated by large TNCs.
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Other cards in this set
Card 2
Front
Eurozone
Back
These are the countries that share the common currency in the EU, the Euro. There are currently 17 members of the Eurozone.
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