https://padlet.com/tinaromero2003/zfekkhotnewe Terms and Concepts en-us 2019-01-07 20:19:25 UTC 2023-07-21 13:56:42 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Apple.png tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318664862 The movement of goods and communication system around the world as a way to increase worldwide commerce. ]]> 2019-01-09 08:01:23 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318664862 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318676158 A system that determines how the wealth of a country is used in terms of production, distribution and consumption of the resources. ]]> 2019-01-09 08:47:38 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318676158 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318676515 A meeting that took place in 1944. 44 countries met to prevent another Great Depression. As a result, (preventative measures) GATT (later turned into the WTO), the IMF, and the World Bank were created. ]]> 2019-01-09 08:49:06 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318676515 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318677192 It was created in 1947 with the purpose to eliminate tariff barriers and make trade easier between countries. ]]> 2019-01-09 08:51:57 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318677192 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318677875 A part of the U.N. that with the help of its members (and their money) give out short term loans to HIPC's (Highly Indebted Poor Countries).
An example of the I.M.F helping an HICP is when it attempted to help Jamaica in light of their economic disparity. In reality, it made matters worse.  

]]> 2019-01-09 08:54:49 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318677875 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318679349 A part of the U.N. Like the IMF they give out loans to HIPC's, however they are more long term loans that attempt to help the economy not just now but in the future. 
An example of a loan given out by the World Bank is the loan of $500 million to Tunisia as a way to accelerate the economic recovery. ]]> 2019-01-09 09:02:00 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318679349 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318680192 Changed from GATT in 1994, contains 149 countries. It's used to promote free trade. ]]> 2019-01-09 09:06:27 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318680192 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318680975 Properly taking care of the environment so that the resources we use now are still around for future generations. 
An example is renewable resources. Making sure that we use replenished naturally resources so that everything is still around for time to come. ]]> 2019-01-09 09:09:42 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318680975 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318682148 Believed that the "key" to a prosperous economy is government involvement. ]]> 2019-01-09 09:14:43 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318682148 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318682389 Did not trust in the government. Believed that they should not be involved in the economy at all. ]]> 2019-01-09 09:15:51 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318682389 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318682760 An economic idea that believes that everything should be owned by the people. 
An example of a socialist government is Venezuela. ]]> 2019-01-09 09:17:34 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318682760 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318683071 An economic idea that centers on the belief that everything should be owned by the people, and all people should be equal. Live in the same places, eat the same food, for everyone. 
An example of a communist government was the U.S.S.R, however there have never been any true forms of communism. ]]> 2019-01-09 09:19:03 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318683071 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318684153 Shares the idea that John Keynes did. That government should provide services and programs to help the citizens. 
A country that practices this system is Canada. 

]]> 2019-01-09 09:23:31 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318684153 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318684721 An economic system that believes in no government involvement. 
A country that practices this is Switzerland. ]]> 2019-01-09 09:25:52 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318684721 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318685505 An agreement between Canada, Mexico and the U.S. that reduces the tariffs between the 3 countries.In 2018 it was replaced with the USMCA, the United States Mexico Canada Agreement.
NAFTA and the USMCA are examples of a FTA, a Free Trade Agreement. So is the E.U. ]]> 2019-01-09 09:28:54 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318685505 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318686323 Factories (usually outsourced and clothing related) that pay next to nothing for very hard work in awful/dangerous conditions. 
An example of a sweatshop is Rana Plaza. Rana Plaza was the place of a Joe Fresh sweatshop that collapsed due to structural failure. Workers reported it several times, but it was never looked at. ]]> 2019-01-09 09:33:08 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318686323 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318687383 When fair wages and good working conditions are provided to those who produce the goods. 
A fair trade company is Ben and Jerry's ice cream ]]> 2019-01-09 09:38:22 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318687383 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318687637 Goods and/or services from other countries enjoyed in different places. 
An example of an import is avocados from Mexico enjoyed in the U.S.]]> 2019-01-09 09:39:36 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318687637 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318687960 Goods produced in one country shipped to another by ways of trade for future consumption. 
Such as Honduras exporting its banana's to the U.S. although that is due to TNC's. ]]> 2019-01-09 09:40:57 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318687960 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318688737 TNC's are business that operate in more than one country such as google, apple, McDonalds, etc...]]> 2019-01-09 09:44:13 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318688737 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318689345 Business owned by the government. 
Such as Canada post, CBC, and a lot more. ]]> 2019-01-09 09:46:56 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318689345 tinaromero2003 https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318690177 The conversion of a company that was originally publicly owned to privately owned. Such as Hudson's bay, Tim Horton's and so many more. ]]> 2019-01-09 09:50:12 UTC https://padlet.com/tinaromero2003/zfekkhotnewe/wish/318690177