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Chapter 24 Vocabulary Flashcards

Justin Morgan 4A

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350100408Developed NationsWhat the "core nations" of the 18th and 19th centuries have generally become. Generally they have a high income per capita and high gross domestic product (GDP), they also tend to be industrialized and produce well made manufactured goods. (The new term for core nations).0
350100409Developing NationsNations outside the capitalist industrial nations of the first world and the industrialized communist nations of the second world; generally less economically powerful, but with varied economies; usually tend to produce raw materials and poorly made manufactured goods. (The new term for dependent nations).1
350100410AntiglobalizationMajor international movement that protests the development of the global economy on the grounds that it makes the rich richer and keeps the poor regions in poverty while exploiting their labor and environments.2
350100411Osama bin LadenThe leader of al-Queda, a wealthy Saudi Arabian who turned to militant fundamentalism.3
350439673Bretton Woods SystemNamed for a conference held at Bretton Woods, New Hampshire, in 1944, this system provided the foundation for postwar economic *globalization*, including the World Bank and the International Monetary Fund; based on the promotion of free trade, stable currencies, and high levels of capital investment.4
350439674GlobalizationTerm commonly used to refer to the massive growth in international economic transactions from around 1950 to the present.5
350439675Global WarmingA worldwide scientific consensus that the increased burning of fossil fuels and the loss of trees have begun to warm the earth's atmosphere artificially and significantly, causing climate change and leading to possibly catastrophic results if the problem is not addressed.6
350439676HindutvaFundamentalist Hindu movement that became politically important in India in the 1980s by advocating a distinct Hindu identity and decrying government efforts to accommodate other faith groups.7
350439677Islamic RenewalLarge number of movements in Islamic lands that promote a return to strict adherence to the Quran and the sharia in opposition to key elements of Western culture.8
350439678Liberation TheologyChristian movement that is particularly active in Latin America and that argues the need for Christians to engage in the pursuit of social justice and human rights.9
350439679North/South GapGrowing disparity between the Global North and the Global South that appears to be exacerbated by current world trade practices.10
350439680ReglobalizationThe quickening of global economic transactions after World War II, which resulted in total world output returning to the levels established before the Great Depression and moving beyond them.11
350439681Religious RightThe fundamentalist phenomenon as it appeared in U.S. politics in the 1970s.12
350439682Multinational CorporationsHuge global businesses that produce goods or deliver services simultaneously in many countries.13
350439683World Trade OrganizationInternational body representing 149 nations that negotiates the rules for global commerce and is dedicated to the promotion of free trade.14
350439684Religious RevivalismAn approach to religious belief and practice that stresses the literal interpretation of texts sacred to the religion in question and application of their precepts to all aspects of social life; increasingly associated with revivalist movements in a number of world religions, including Christianity, Islam. Judaism, and Hinduism.15

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