Globalization Terms

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University of Toronto Scarborough
Mc Kinon

Globalization-Sociology Terms General Agreements of Tariffs and Trade (GATT)-it became WTO after trade barriers- taxes, tariffs protectionism- Protectionism is the economic policy of restraining trade between states, through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to discourage imports, and prevent foreign take-over of native markets and companies. ... “Capitalism destroys the idiocy of rural life.” lean production- Lean manufacturing or lean production, which is often known simply as "Lean", is a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful, and thus a target for elimination. ... Just-in-time (JIT)- is an inventory strategy that strives to improve a business’s return on investment by reducing in-process inventory and associated carrying costs. ... flexible workforces: can easily adjusts to work tasks electronic surveillance-cameras, video cameras panopticon - A type of prison designed by philosopher Jeremy Bentham wherein all the cells are visible from the center of the building. It engenders the feeling that someone is watching you, even though you know they’re not Actual Working Time (AWT) / import duties- is a tax levied on imported or exported goods. Ken Lay (Enron)- was an American businessman, best known for his role in the widely reported corruption scandal that led to the downfall of Enron Corporation Bernie Ebbers (Worldcom)- is a Canadian-born businessman. He co-founded the telecommunications company WorldCom and is a former chief executive officer of that company. Tom Cruise -Actor Nicole Kidman -actress Ronaldo-soccer player Beckham –soccer player Cobie Bryant-Basket ball player Lebron James-basketball player Yao Ming- is a professional basketball player who plays for the Houston Rockets of the National Basketball Association (NBA). He is currently the tallest player in the NBA “A” Rod-Baseball player, Alexander Rodriguez Vladimir Klitscko- Ukrainian heavy weight boxer Sidney Crosbie-Hockey player Alexander Ovetchin-Hockey player Evegeni Malkin-russian professional hockey player Franklin D. Roosevelt-former president of USA Nazi-wanted to eliminate jews, gypsies, gays and handicapped International Telecommunications Union- ITU is the global technical standard-setting body for telecommunication services. Universal Postal Union- is an international organization that coordinates postal policies among member nations, and hence the worldwide postal system. Each member country agrees to the same set of terms for conducting international postal duties International Peace Conference, 1899- The International Peace Conference was an anti- war conference held on December 10, 2005. It was organised by the Stop the War Coalition (StWC), and included speakers from Iraq, the United States, and Italy The Hague- the site of the royal residence and the de facto capital in the western part of the Netherlands; seat of the International Court of Justice League of Nations- an international organization formed in 1920 to promote cooperation and peace among nations; although suggested by Woodrow Wilson, the United States never joined and it remained powerless; it was dissolved in 1946 after the United Nations was formed The Treaty of Versailles- the treaty imposed on Germany by the Allied powers in 1920 after the end of World War I which demanded exorbitant reparations from the Germans Fascism- a political theory advocating an authoritarian hierarchical government (as opposed to democracy or liberalism) Atlantic Charter- Joint declaration made by Roosevelt and Churchill in August 1941, setting out broad principles for the conduct of international relations in the postwar world. Drawn up at sea, off the coast of Newfoundland, it provided a foundation for the United Nations Charter Prime Minister Winston Churchill-was a British politician known chiefly for his leadership of the United Kingdom during World War II. HMS Prince of Wales- HMS Prince of Wales (pennant number 53) was a King George V- class battleship of the Royal Navy, built at the Cammell Laird shipyard in Birkenhead, England. United Nations Charter- The Charter of the United Nations is the foundational treaty of the international organization called the United Nations. ... General Assembly- the supreme deliberative assembly of the United Nations, legislature: persons who make or amend or repeal laws Universal Declaration of Human Rights Security Council- a permanent council of the United Nations; responsible for preserving world peace Cyprus- country, north turkey claims, south Greece?:S The United Nations Children’s Fund (UNICEF)-charity organization Nobel Peace Prize- The Nobel Peace Prize is one of the five Nobel Prizes bequeathed by the Swedish industrialist and inventor Alfred Nobel. Six Day War, 1967- also known as the 1967 Arab-Israeli War or the Third Arab-Israeli War, was fought between June 5 and June 10, 1967, by Israel and the neighboring states of Egypt [known then as the United Arab Republic (UAR)], Jordan, and Syria. The outcome was a swift and decisive Israeli victory. At the war’s end, Israel took effective control of the Gaza Strip and the Sinai Peninsula from Egypt, the West Bank and East Jerusalem from Jordan, and the
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