Globalization

the increasing number of ties between different parts of the world, including economic, cultural, and political connections

the increased interdependence of national economies linked by trade, manufacturing, and financial operations carried out by large private companies

it produces benefits for the entire world by enabling the global economy to work more efficiently

globalization diminishes the sovereignty of states in favor of corporate power, undermines democracy, funnels resources from poor to rich nations, accelerates damage to the environment, and exploits the desperation of workers in what is commonly phrased as a "race to the bottom."

corporations are more free to destroy rainforests, extract minerals without compensating local peoples, and cause other forms of environmental and social damage.

A relationship between countries in which they rely on one another for resources, goods, or services

makes war less rational and therefore less probable

actually decreases security by making all nations dependent on a fragile global web of transport and finance

the intentional independence of a state, combined with the right and power of regulating its internal affairs without foreign interference.

the ability people have to realize their potential in the society where they live

the management of large amounts of money, esp. by governments or large companies.

a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.

An investor who either provides capital to startup ventures or supports small companies that wish to expand but do not have access to public funding

Group of finance ministers, banks, and governors from 20 major economical countries that formed in 1999 and help to provide smaller economies with a larger voice in the world.

Method of maintaining, managing, and gaining control of government (who gets what, when, and how)

study of how people and societies use limited resources to satisfy unlimited wants; the management of scarcity and choice

Beliefs, customs, and traditions of a specific group of people.

A trade agreement between Canada, the United States and Mexico that encourages free trade between these North American countries.

A specialized agency of the United Nations that makes loans to countries for economic development, trade promotion, and debt consolidation. Its formal name is the International Bank for Reconstruction and Development.

An international organization of 183 countries, established in 1947 with the goal of promoting cooperation and exchange between nations, and to aid the growth of international trade.