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Terms For Final

Political Science
Course Code
Waldemar Skrobacki
Study Guide

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Great Depression: was a severe worldwide economic depression in the decade preceding
World War II. The timing of the Great Depression varied across nations, but in most
countries it started in about 1929 and lasted until the late 1930s or early 1940s. it was a
period during the 1930s when there was a worldwide economic depression and mass
Humanitarian intervention: refers to the threat or use of force across state borders by a
state (or group of states) aimed at preventing or ending widespread and grave violations of
the fundamental human rights of individuals other than its own citizens.
IGOs(intergovernmental organization): Agency set up by two or more states to carry out
projects and plans in common interest.
ILO(International Labor Organization): the United Nations agency concerned with the
interests of labor.
IMF(International Monetary Fund): a United Nations agency to promote trade by
increasing the exchange stability of the major currencies.
Immanuel Wallerstein: (born 28 September 1930, New York City) is an American
sociologist, historical social scientist, and world-systems analyst. His bimonthly
commentaries on world affairs are syndicated by Agence Global.
International human rights regime: are treaties and other international documents
relevant to international human rights law and the protection of human rights in general.
can be classified into two categories: declarations,and conventions.
John Maynard Keynes: was a British economist whose ideas have profoundly affected the
theory and practice of modern macroeconomics, as well as the economic policies of
Just War Theory: (or Bellum iustum) is a doctrine of military ethics of Roman
philosophical and Catholic origin studied by moral theologians, ethicists and international
policy makers which holds that a conflict can and ought to meet the criteria of
philosophical, religious or political justice, provided it follows certain conditions.
LDCs(Least Developed Country):is the name given to a country which, according to the
United Nations, exhibits the lowest indicators of socioeconomic development, with the
lowest Human Development Index ratings of all countries in the world.
Treaty of Maastricht: (formally known as the Treaty on European Union) , was signed on
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7 February 1992 by the members of the European Community in Maastricht, Netherlands.
On 9–10 December 1991, the same city hosted the European Council which drafted the
treaty. The treaty led to the single creation of the euro currency.
Mercantilism: is an economic theory, thought to be a form of economic nationalism, that
holds that the prosperity of a nation is dependent upon its supply of capital, and that the
global volume of international trade is "unchangeable". OR The theory and system of
political economy prevailing in Europe after the decline of feudalism, based on national
policies of accumulating bullion, establishing colonies and a merchant marine, and
developing industry and mining to attain a favorable balance of trade.
Mercosur: is a union between Argentina, Brazil, Paraguay and Uruguay. Founded in 1991
by the Treaty of Asunción, which was later amended and updated by the 1994 Treaty of
Ouro Preto. Its purpose is to promote free trade and the fluid movement of goods, people,
and currency.
MNCs(A multinational corporations): also called a transnational corporation (TNC), or
multinational enterprise (MNE), is a corporation or an enterprise that manages production
or delivers services in more than one country. It can also be referred to as an international
Multilevel Politics: Multi-level governance is a public administration theory that
originated from studies on European integration. The authors Liesbet Hooghe and Gary
Marks were the first to develop the concept of multi-level governance in the early 1990s.
Their theory resulted from the study of the new structures that were put in place by the EU
(Maastricht Treaty) in 1992.
NATO(North Atlantic Treaty Organization): is an intergovernmental military alliance
based on the North Atlantic Treaty which was signed on 4 April 1949. The NATO
headquarters are in Brussels, Belgium, and the organization constitutes a system of
collective defence whereby its member states agree to mutual defense in response to an
attack by any external party.
Neoliberalism: A political orientation originating in the 1960s; blends liberal political
views with an emphasis on economic growth. describes a market-driven approach to
economic and social policy based on neoclassical theories of economics that stresses the
efficiency of private enterprise, liberalized trade and relatively open markets, and therefore
seeks to maximize the role of the corporate sector in determining the political and economic
priorities of the state.
NGOs(non-governmental organizations): is a legally constituted organization created by
natural or legal persons that operates independently from any government and a term
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