Globlization: Question Preview (ID: 25939)


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deregulation
a) the opening of an industry to more competition be removing regulations originally put in place to limit competition b) the belief that a country’s economy should belong to the people of that country and not foreign companies. c) a gov’t owned business created to provide essential products and services to people d) all of the above
privatization
a) a workplace characterized by low wages and poor working conditions often found in less developed countries. b) none of the above c) a gov’t owned business created to provide essential products and services to people d) the sale of government owned industries and services to private businesses
crown corporation
a) the opening of an industry to more competition be removing regulations originally put in place to limit competition. b) the sale of government owned industries and services to private businesses c) a gov’t owned business created to provide essential products and services to people d) a workplace characterized by low wages and poor working conditions often found in less developed countries.
economic nationalism
a) the opening of an industry to more competition be removing regulations originally put in place to limit competition. b) the belief that a country’s economy should belong to the people of that country and not foreign companies. c) the sale of government owned industries and services to private businesses d) a workplace characterized by low wages and poor working conditions often found in less developed countries.
Knowledge economy
a) a gov’t owned business created to provide essential products and services to people b) the opening of an industry to more competition be removing regulations originally put in place to limit competition. c) the sale of government owned industries and services to private businesses d) industries that use knowledge to produce economic benefits
sweatshop
a) a workplace characterized by low wages and poor working conditions often found in less developed countries. b) the sale of government owned industries and services to private businesses c) the belief that a country’s economy should belong to the people of that country and not foreign companies. d) none of the above
why might companies outsource some of their labor?
a) because they feel its their job as a large corporation to provide employment opportunities to those in less developed country b) because it raises the price of products c) because they can have the products made a low cost and that maximizes their profit d) all of the above
In the early 1900s, approximately 84% of the Canadian population had either British or French heritage. By 2001, less than half of the population possessed this characteristic. The information above can best be identified as the process of
a) accommodation b) hybridization c) integration d) marginalization
Which of the following alliances is most concerned with economic security for Canada?
a) NATO b) NORAD c) WTO d) NAFTA
Which circumstances would most likely cause a country's overall quality of life to be negatively affected by an economic boost?
a) When the country's infant mortality rate is reduced by the introduction of foreign aid. b) When the country's environmental standards are compromised by the development of industry. c) When the country's civil rights are eroded by the development of large-scale conflict. d) When the country's education system is cut back in favour of improved sanitation services.
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