https://padlet.com/charlottecharlton/ljiiu8rkwl14 By Charlotte Charlton 10H en-us 2019-01-03 04:06:28 UTC 2019-01-07 20:34:13 UTC hello@padlet.com charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317150135 ~the use of money being earned and spent in a society.
~ ex. Canadian economy


]]> 2019-01-03 04:09:17 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317150135 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317150246 ~ an international organization which consist of 189 member countries who provide short-term loans to countries in need of financial support. In return the countries are expected to promote fair governance and work toward financial stability.]]> 2019-01-03 04:13:08 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317150246 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317150488 ~ an international organization who's purpose is to reduce poverty and provide aid to developing countries through financinginfrastructure projects. ]]> 2019-01-03 04:19:30 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317150488 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317150740 ~Supply: the availability of goods and resources to be sold
~Demand: a society's want/need for these goods
~outside factors can also influence supply and demand
~ex. When the supply of leather jackets go up the price of these jackets goes down and vice versa.  

]]> 2019-01-03 04:24:03 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317150740 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317151977 ~ a natural resource that once is used cannot be replaced
~ex. Natural gas and oil]]> 2019-01-03 04:55:30 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317151977 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317152200 ~ a trade agreement that reduced most tariffs on products and services between Canada, the United States and Mexico.

]]> 2019-01-03 05:00:51 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317152200 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317354886 ~ a political and economic system where people do not individually own anything like land or businesses. The wealth goes to the government and dispersed to everyone equally.
~ far left on economic spectrum
~ex. Former Soviet Union and current North Korea]]> 2019-01-04 00:37:57 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317354886 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317355159 ~ a political and economic system where there is not total, but very strong government involvement.
~closer to center on economic spectrum than communism. 
~ex. France and Italy during the 1980's]]> 2019-01-04 00:41:30 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317355159 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317355428 ~ the process of changing the ownership from the public (i.e. Government) to the private sector
~ ex. after the fall of the Soviet Union, the new Russia sold ( i.e. Privatized) its government owned industries to the public.]]> 2019-01-04 00:45:31 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317355428 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317355883 ~a corporation that is monitored/owned by a country's federal or state government. It is the opposite of privately owned corporations.
~ex. Canada Post]]> 2019-01-04 00:54:08 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317355883 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317355994 ~ goods and services coming into a country
~ ex. Oil coming into the United States from Saudi Arabia]]> 2019-01-04 00:55:48 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317355994 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317356093 ~ goods and services being exported from one country to another.
~ex. Mexico exports Avocados to the United States ]]> 2019-01-04 00:57:39 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317356093 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317356217 ~ theory that suggests that efforts in support of globalization do not promote sustainable prosperity for all affected people.]]> 2019-01-04 00:59:18 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317356217 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317356330 ~ is an amount of money that one country owes to another country. 
~it can also be referred to as external debt.

]]> 2019-01-04 01:00:50 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317356330 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317356534 ~ a product that is made in ones home country
~ex. Syncrude Canada - a company that sells the majority of its crude to the domestic market, only gets its crude oil from the oil sands in northern Alberta, Canada.

]]> 2019-01-04 01:04:31 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317356534 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317357237 ~an amount of money (i.e. Tax) placed on a specific product in a country.
~ex. The European Union charges 54% Tax  on dairy products (imports tariffs)]]> 2019-01-04 01:13:22 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317357237 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317357892 ~predefined quantity 
~ex. The Organization of Petroleum Exporting Countries (OPEC) sets a production quota for crude oil in order to control the price of crude in the international markets.]]> 2019-01-04 01:22:13 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317357892 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317358453 ~ a place of work in extremely poor working conditions and workers are usually paid very low wages for long hours
~ex. Walmart sweatshop that collapsed in Bangladesh in April 2013

]]> 2019-01-04 01:30:29 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317358453 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317358825 ~when a company obtains goods or services from a foreign country instead of within their home country.
~ex. The clothing store H & M outsources in India to produce their clothing in order to obtain cheaper manufacturing and labor prices.

]]> 2019-01-04 01:35:38 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317358825 charlottecharlton https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317359267 ~ Goods that are sold at a fair price to be able to help the producers in developing countries. 
~ex. Ben and Jerry's ice cream]]> 2019-01-04 01:43:54 UTC https://padlet.com/charlottecharlton/ljiiu8rkwl14/wish/317359267