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      <title>Sketchnote by Minuet Salonga</title>
      <link>https://padlet.com/minuets1/pmksntihq4t4</link>
      <description>Made with care</description>
      <language>en-us</language>
      <pubDate>2019-01-08 02:39:41 UTC</pubDate>
      <lastBuildDate>2025-12-14 17:11:17 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>Economy</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318147188</link>
         <description><![CDATA[<div> Based off a countries production and consumption of goods and services</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 02:42:09 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318147188</guid>
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      <item>
         <title>Scarcity </title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318147426</link>
         <description><![CDATA[<div>An under supply of a product </div>]]></description>
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         <pubDate>2019-01-08 02:44:29 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318147426</guid>
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      <item>
         <title>Bretton Woods</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318147709</link>
         <description><![CDATA[<div> An international monetary agreement that created the IMF and the World Bank</div>]]></description>
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         <pubDate>2019-01-08 02:48:08 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318147709</guid>
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      <item>
         <title>GATT (General Agreement on Tariffs and trade)</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318160492</link>
         <description><![CDATA[<div>An agreement to promote international trade by removing tariffs, </div>]]></description>
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         <pubDate>2019-01-08 04:47:49 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318160492</guid>
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      <item>
         <title>IMF (International Monetary Fund)</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318161020</link>
         <description><![CDATA[<div>An international organization that promotes financial stability  and monetary cooperation, created out of the Bretton Woods agreement.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 04:53:07 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318161020</guid>
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      <item>
         <title>WTO (World Trade Organization</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318161501</link>
         <description><![CDATA[<div>A global international organization that  created ground rules for trade</div>]]></description>
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         <pubDate>2019-01-08 04:56:27 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318161501</guid>
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      <item>
         <title>World Bank</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318161939</link>
         <description><![CDATA[<div>An international organization,created out of the Bretton Woods agreement, it aims to aid developing countries int ehir economic advancement.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:02:19 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318161939</guid>
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      <item>
         <title>Knowledge Economy </title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318162314</link>
         <description><![CDATA[<div>An economy that doesnt rely on the means of production for growth.</div>]]></description>
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         <pubDate>2019-01-08 05:07:04 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318162314</guid>
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      <item>
         <title>John Maynard Keynes</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318162723</link>
         <description><![CDATA[<div>He thought of the Keynesian Economics (an economic theory) as an explanation for the Great Depression.  More of an advocate for socialism.</div>]]></description>
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         <pubDate>2019-01-08 05:12:26 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318162723</guid>
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      <item>
         <title>Friedrich Hayek </title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164123</link>
         <description><![CDATA[<div>An advocate of free market capitalism, and promoted the idea of  private spending for more sustainable growth. </div>]]></description>
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         <pubDate>2019-01-08 05:32:56 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164123</guid>
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      <item>
         <title>Welfare Capitalism</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164807</link>
         <description><![CDATA[<div>A concern for social groups  expressed through social security programs.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:41:05 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164807</guid>
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      <item>
         <title>Laissez Faire capitalism</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164836</link>
         <description><![CDATA[<div>An economic system in which private parties are not regulated by the government.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:41:18 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164836</guid>
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      <item>
         <title>Pros of Capitalism</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164899</link>
         <description><![CDATA[<div>- encourages innovation<br>- consumers freely choose the products they desire<br>- allows companies to be more efficient instead of cutting costs/workers</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:42:02 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164899</guid>
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      <item>
         <title>TNCs Pros</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164936</link>
         <description><![CDATA[<div>- create jobs and wealth<br>- improve the standard of living <br>- cost effective<br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:42:33 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164936</guid>
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      <item>
         <title>NAFTA (The North American Free Trade Agreement)</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164967</link>
         <description><![CDATA[<div>It was an agreement between the USA, Canada, and Mexico the eliminated most tariffs between the three countries</div>]]></description>
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         <pubDate>2019-01-08 05:42:49 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164967</guid>
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      <item>
         <title>Protectionism</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164977</link>
         <description><![CDATA[<div>The act of taxing imports to protect a countries in land goods.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:43:00 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164977</guid>
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      <item>
         <title>Privatization</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164983</link>
         <description><![CDATA[<div>The movement of ownership from the government to a private sector</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:43:06 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164983</guid>
      </item>
      <item>
         <title>Crown Corporations</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318164997</link>
         <description><![CDATA[<div>Corporations owned by the government.<br>ex. Canada Post, Petro-Canada</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:43:21 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318164997</guid>
      </item>
      <item>
         <title>HIPC (Heavily Indebted Poor Country)</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165025</link>
         <description><![CDATA[<div>Developing countries that have high levels of debt and poverty to which get special help from the IMF and World Bank.</div>]]></description>
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         <pubDate>2019-01-08 05:43:43 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165025</guid>
      </item>
      <item>
         <title>Sustainable Prosperity</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165265</link>
         <description><![CDATA[<div>A concept that envisions a positive change within a community.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:48:12 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165265</guid>
      </item>
      <item>
         <title>Non-Renewable Resource Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165315</link>
         <description><![CDATA[<div>Some non-renewable resources are Coal, fossil fuels, oil, and nuclear energy. </div>]]></description>
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         <pubDate>2019-01-08 05:49:04 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165315</guid>
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      <item>
         <title>Primary Industry Examples</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165365</link>
         <description><![CDATA[<div>Mining, farming, fishing, and forestry. </div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:50:11 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165365</guid>
      </item>
      <item>
         <title>Secondary Industry Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165379</link>
         <description><![CDATA[<div>Food processing, oil refining, and energy production. </div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:50:29 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165379</guid>
      </item>
      <item>
         <title>Tertiary Industry Example </title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165389</link>
         <description><![CDATA[<div>Financial institutions, school and restaurants. </div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:50:43 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165389</guid>
      </item>
      <item>
         <title>Quaternary Industry Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165459</link>
         <description><![CDATA[<div>Consultancy, financial planning, designing, and technologies. </div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:52:02 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165459</guid>
      </item>
      <item>
         <title>Subsidy Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165495</link>
         <description><![CDATA[<div>A partial scholarship to college. </div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:52:49 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165495</guid>
      </item>
      <item>
         <title>Imports Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165510</link>
         <description><![CDATA[<div>A shop owner bringing artwork back from Indonesia to sell at their San Francisco shop</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:53:13 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165510</guid>
      </item>
      <item>
         <title>Exports Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165517</link>
         <description><![CDATA[<div>Rice being shipped from China to be sold in many countries.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:53:18 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165517</guid>
      </item>
      <item>
         <title>Inflation Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165536</link>
         <description><![CDATA[<div>As the price of your coffee increases so does inflation. </div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:53:41 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165536</guid>
      </item>
      <item>
         <title>Out Sourcing Examples</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165552</link>
         <description><![CDATA[<div>Human resource management, facilities management, supply chain management, accounting, customer support and service, marketing, computer aided design, research, design, content writing, engineering, diagnostic services, and legal documentation.</div>]]></description>
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         <pubDate>2019-01-08 05:53:58 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165552</guid>
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      <item>
         <title>Environmental Stewardship Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165575</link>
         <description><![CDATA[<div>- Reducing and recycling waste<br>- LEED (Leadership in Energy &amp; Environmental Design) certified stores<br>- Conserving water and energy</div>]]></description>
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         <pubDate>2019-01-08 05:54:10 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165575</guid>
      </item>
      <item>
         <title>Ecological Footprint Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165632</link>
         <description><![CDATA[<div>Denmark has the fourth largest ecological fotprint.  </div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:55:25 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165632</guid>
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      <item>
         <title>Fair Trade Examples</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165656</link>
         <description><![CDATA[<div>- Cocoa Beans<br>- Cocoa<br>- Nuts <br>-Oil seds</div>]]></description>
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         <pubDate>2019-01-08 05:55:48 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165656</guid>
      </item>
      <item>
         <title>Foreign Debt Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165759</link>
         <description><![CDATA[<div>Ethiopia owes Canada $10000</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 05:57:10 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165759</guid>
      </item>
      <item>
         <title>Sweatshop Example</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318165776</link>
         <description><![CDATA[<div>A company producing large amounts of shirts in China.</div>]]></description>
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         <pubDate>2019-01-08 05:57:31 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318165776</guid>
      </item>
      <item>
         <title>Cons of Capitalism</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318167009</link>
         <description><![CDATA[<div>- Companies can gain monopolies <br>- makes the economy prone to "booms and busts"<br>- Inherited wealth and wealth inequalities<br>- Inequality creates a social division</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 06:12:25 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318167009</guid>
      </item>
      <item>
         <title>TNCs Cons</title>
         <author>minuets1</author>
         <link>https://padlet.com/minuets1/pmksntihq4t4/wish/318169718</link>
         <description><![CDATA[<div>- take advantage of consumer expense <br>- strive for a monopolized business<br>- environmental threat</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-01-08 06:38:05 UTC</pubDate>
         <guid>https://padlet.com/minuets1/pmksntihq4t4/wish/318169718</guid>
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