Social 10-2 Unit 3 Vocabulary

Ace your homework & exams now with Quizwiz!

Surface mining

A cheaper type of mining that can remove more minerals and is less hazardous to workers.

Subsidy

A government payment that supports a business or market

Tariff

A government tax on imports or exports from another country..

Agribusiness

A large-scale farming business

Free Trade Area of the Americas

A plan for a free trade deal between all the countries in North and South America.

Free trade

A system of trade between nations in which there are no special taxes placed on imports.

Irrigation

A way of supplying water to an area of land

EUB

Alberta Energy and Utilities Board

AGT

Alberta Government Telephones

Exclusive Economic Zone

An EEZ is a 200 mile sea zone over which a country has special rights over exploration and resources.

Bretton Woods Agreement

An economic agreement signed after World War II that created the World Bank, IMF & supported free trade.

World Bank

An economic organization that lends money to member countries during hard times or to improve infrastructure to help reduce poverty.

International Monetary Fund

An economic organization that makes sure money systems between countries run smoothly and helps members follow a budget to repay their debts.

World Trade Organization

An international organization that creates and enforces rules that control global trade between member countries.

Crown Corporation

Businesses and industries owned by the Canadian government.

Trading bloc

Countries that have signed a trade agreement to increase trade between each other.

Group of Eight

Eight developed countries that meet to discuss and direct the world economy.

EPA

Environmental Protection Agency

EU

European Union

Anti-globalization

People who believe global trade agreements have had a negative affect on the world.

Consumerism

People's drive to purchase the newest material goods.

Erosion

Process by which weathered rock and soil are moved from one place to another.

Reclaimed land

Returning the land to its original condition for reuse.

Privatization

Selling government companies and services to independently citizen owned businesses.

Arable

Suitable land for growing crops

Stewardship

The careful and responsible management of Earth and its resources.

Euro

The currency of the European Union

Free Trade Agreement

The first free trade agreement between Canada and the United States.

Exchange rate

The price at which one currency can buy another currency with both values measured against the U.S. dollar.

Ethics

The principles of right and wrong that guide an individual in making decisions

Clear-cutting

The process of cutting down all the trees in an area at once.

Deregulation

The removal of some government controls over a market

Containerization

The transporting of goods in standard-sized shipping containers on huge ships.

Ecological Ethics

Thinking about the environment from an ecological rather than a human standpoint.

TNC

Transnational Corporation

Sustainable development

Using natural resources at a rate that does not use them up to quickly.

Trade liberalization

When countries move towards freer trade with each other by reducing taxes or tariffs.

Subsidiary

a company that is completely controlled by another company

Selective cutting

cutting down only some trees in a forest and leaving a mix of tree sizes and species behind

Desalination

the removal of salt from seawater to make it usable for drinking and farming

Sweatshop

workplace where people in undeveloped countries work long hours in poor conditions for low pay.


Related study sets

3.3 - Boolean Values, Conditional Execution, Loops, Lists & List Processing, Logical & Bitwise Operations (PCEP-30)

View Set

NCLEX Cardiovascular Medication Questions (Saunders) ben

View Set

SPC Level 2 Exam 3- Heart Failure Adaptive Quiz

View Set

THE TRAGEDY OF JULIUS CAESAR BY WILLIAM SHAKESPEARE: ACT 3.1

View Set