Superpowers key words

?
Assets
item of property owned by a person/company regarded as having value & available to meet debts, commitments or legacies
1 of 49
ANZUS
Aus, NZ & US security treaty- an agreement which binds the countries to co-operate on military matters in pacific ocean region
2 of 49
Austerity
Policy of reducing govt. spending & debt
3 of 49
ASEAN
Organisation of countries in SE Asia set up to promote cultural, economic & political development in the region
4 of 49
Bi-polar
2 hyperpowers
5 of 49
BRIC's
collective term for Brazil, Russia, India & China which were predicted to show rapid economic growth
6 of 49
Colonialism
where ane xternal nation takes direct control of a territory, often by force
7 of 49
Consumer goods
Goods bought & used by consumers, rather than manufacturers that use them for producing other goods
8 of 49
Culture
ideas, beliefs, customs & social behaviour of a group or society
9 of 49
Dependency theory
resources flow from 'periphery' of poor & underdeveloped states to a 'core' of wealthy states, enriching the rich at the expense of the poor
10 of 49
Economic restructuring
Western urban areas shifting from a manufacturing to a service sector economic base
11 of 49
European Union
Political union based on the Maastrict treaty, envisioning the eventual establishment of common economic, foregin, security & justice policies
12 of 49
Foreign policies
Govt strategy in dealing with other nations
13 of 49
G8
Group of 8 highly-industrialised countries- hold annual meetings on global issues like economic growth, crisis management, global security, energy & terrorism
14 of 49
G20
informal group of 19 countries & EU with representatives from IMF and World Bank- began meeting in 99 in response to financial crisis 1997-99
15 of 49
Geo-strategic location
where the global positioning of a country would affect its ability to dominate the world
16 of 49
Geopolitics
politics, especially international relations, as infuenced by geographical factors
17 of 49
Global reach
The ability of a company or industry to have customers in many different parts of the world
18 of 49
Hard power/ cultural imperialism
expression of a country's will or influence through coercive measures, including economic sanctions & military force or threat
19 of 49
Heartland
an area of the 'world island'- a country that controls this has the ability to control the world
20 of 49
Hegemon
unchallenged superpower that is dominant in all aspects
21 of 49
Intellectual property rights
general term for the assignment of property rights through patents, copyrights & trademarks= allow holder to excercise a monopoly on the use of an item over a specific period
22 of 49
IPCC
Scientific & intergovernmental body providing objective view of climate change & its political & economic impacts
23 of 49
Internation Court of Justice
division of the UN that settles legal disputes submitted to it by member nations
24 of 49
International governmental organisation
Organisation composed primarily of sovereign states or of other IGO's established by treaty or other agreement that acts as a purpose to create the group
25 of 49
International Monetary Fund
Organisation framework for international economic co-operation conceived by the UN
26 of 49
Islamist uprisings
series of revolts & armed attacks performed by extremist muslims in the name of Allah
27 of 49
Modernisation theory
theory used to explain the process of modernisation that a nation goes through as it transitions from traditional society to a modern one- Rostow
28 of 49
Multi-polar
complex systems between multiple equally powerful countries
29 of 49
Nationalise
transfer from private to state ownership or control
30 of 49
Neo-colonialism
an indirect way of controlling somewhere (usually through economic, political, or cultural ideas)
31 of 49
NAFTA
agreement among USA, Canada & Mexico to remove tariff barriers between the 3 countries
32 of 49
NATO
Intergovernmental military alliance between several North American & European states, based on North Atlantic treaty signed 1949
33 of 49
OECD
Organisation for Economic Co-operation & Development- intergovernmental economic organisation with 35 member countries founded in 1960 to stimulate economic progress & world trade
34 of 49
Patent
Govt. authority or license conferring a right/title for a set period, especially the sole right to exclude others from making, using or selling an invention
35 of 49
Peer-reviewed
process by which something proposed is evaluated by a group of experts in the appropriate fields
36 of 49
Political values
Political relationships, institutions, organisations, views & ideas
37 of 49
Proxy war
War instigated by a major power which does not itself become involved
38 of 49
Soft power
power that arises from a country's political & conomic influence, moral authority & cultural attractiveness
39 of 49
Sub-prime lending
making loans to people who may have difficulty maintaining the re-payment schedule, sometimes reflecting setbacks, such as unemployment, divorce etc...
40 of 49
Superpower
Nation with the ability to project its influence anywhere in the world & will be a dominant global force
41 of 49
TRIPS
rights given to people over the creation of their minds- usually give the creator an exclusive right over the use of his/her creations for a certain period of time
42 of 49
Uni-polar
dominated by 1 hyperpower
43 of 49
UNSC
one of 6 principal organs of UN- maintains international peace & security
44 of 49
Vicious cycle
repeating situation/condition in which one problem causes another problem which worsens the first issue- demultiplier effect
45 of 49
Virtuous cycle
Recurring cycle of events, result of each one beginning to increase the beneficial effect of the next
46 of 49
Wallerstein's world systems theory
Approach to world history & social change that suggests there is a world economic system in which some countries benefit while others are exploited
47 of 49
World Bank
international financial institution that provides loans to countries of the world for capital programmes
48 of 49
World Trade Organisation
Sets rules for international trade- oversees 97% of World trade Aim: achieveing removing obstacles to trade
49 of 49

Other cards in this set

Card 2

Front

ANZUS

Back

Aus, NZ & US security treaty- an agreement which binds the countries to co-operate on military matters in pacific ocean region

Card 3

Front

Austerity

Back

Preview of the front of card 3

Card 4

Front

ASEAN

Back

Preview of the front of card 4

Card 5

Front

Bi-polar

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Geography resources:

See all Geography resources »See all The economy and global superpowers resources »