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the dependency between pricing, production amount and consumer desirability. When consumer demand is high then so is the pricing and amount of products in the market is low, when the demand is low the pricing is low but the amount of products in the market are high.

ex: only a few designer bags were produced but customer demand is high therefore the pricing of the bag increases.

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a concept that explores long term states of a positive future. It is also the maintenance of HDI criterias such as health and happiness.

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an organization which provides long term loans to heavily indebted poor countries (HIPC) or countries who need financial aid. these loans and financial help are usually achieved by establishing projects.

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the lack of resources, service, space, goods resulting limitation of use and production.

ex: in some low economies it is hard to find employment as there is a depletion of opportunities.

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resources that are finite and non-producible by humans.

ex: fossil fuels, coal, oil, natural gas, nuclear energy.
once we run out of these we are unable to make more.

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when exported or imported goods have no tariffs and travel internationally with little restrictions. This could be between countries or internationally.

ex: FTA, USMC
these free trade agreements allow exports and imports to enter and leave countries without too much financial expense.

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when the labour put in to produce a product is acknowledged and follows the criteria of basic worker's rights and fair treatment between workers and employers.

ex: Ben & Jerry's and Starbucks are fair trade companies in result their products are more expensive

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The method of seeking labour from another country when the headquarters are established somewhere else. (usually outsourcing for labour in developing countries)

ex: telus call centers are located in the Philippines while telus is a north american company.

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groups of people who don't support interdependence between countries and opposes the capitalist beliefs but believes that prosperity can be achieved without the use of capitalistic ideologies.

ex: boycott groups against transnational corporations.

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an extremist ideology which explores where a society is completely equal. The idea proposes how everything would be publicly owned and controlled including the distribution of wealth regardless of individual roles. A society where everyone is looked at with complete equality.

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goods and services shipped out from one country to another.

ex: Canada exports goods such as logs, oil and gas, fish and many more.

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goods and services coming in from foreign countries

ex: bananas coming into Canada from south america

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A tax charged on imported or exported goods

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finite quantity of a product or service set by companies to determine the pricing in hopes to manipulate the supply and demand of the produced goods.

ex: H&M mass produces their merchandise in results the products are significantly cheaper.

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A workplace where employees' rights are violated. such as working in unsafe environments or getting paid low wages which they are not able to sustain themselves with.

ex: Bangladesh fabric manufactures working in unsafe environments and receiving low wages due to the fast fashion industry and lack of human rights enforcement.

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financial help from the government or a bigger organization/group which enables an event or cause to take place.

ex: kidsport
helps less fortunate kids to participate in sports.

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negative impacts of humans towards the environment.

ex: amount of garbage each household produces.

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The process when a business or industry switches from being government owned to becoming privately controlled.

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FTA's refers to agreements between two or more countries which have agreed to have free trade among each other

ex: USMC
United States, Mexico and Canada agreement, there is free trade between these countries, there are little restrictions to exports and imports from trade between US, Mexico and Canada.

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Crown corporations is a term to describe government owned businesses or corporation in Canada

ex: Canada post, Air Canada, Petro Canada