History Quiz / Globalization Terms

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Can you name the Globalization Terms?

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DescriptionTerm
a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade
Process in which different parts are created all over the world, and then consolidated, and sold.
Self-reinforcing, but not self-correcting, which causes poverty to persist
A number of countries give aid (think UN, which is often considered political aid--an important debate club).
economy has negative growth for 2 consecutive years
Process by which the poorer countries catch up to the richer countries
the relocation by a company of a business process from one country to another
the process of contracting to a third-party
European and Asian economies, especially emerging ones, have broadened and deepened to the point that they no longer depend on the United States for growth, leaving them insulated
we import more and export less
one country gives aid to another country

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