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How did the blocks formed after the Cold War interact ?
They tried to stimulate commerce between themselves and compete with the American economy, trying to depend less on the USA
Name some blocks formed after the Cold War that stimulated internal commerce and economic growth
BRICKS, MERCOSUR and EUROPEAN UNION
What are some of the consequences of the propaganda "The American Way of Life"?
It caused an over consumption, over demand, over pollution and increase in social disparity
What was the American Way of Life?
It was a public marketing strategy created by the USA to convince more countries to join the capitalist side during the Cold War
Investment in technology and innovation, stimulating competition. Capitalism or Socialism?
Capitalism
Centralized and authoritarian government. Capitalism or Socialism?
Socialism
Economy regulation to control inequality. Capitalism or Socialism?
Socialism
Large investment in public institutions, such as universities and hospitals.Capitalism or Socialism?
Socialism
Free market, with little or no control of the State over the commerce. Capitalism or Socialism?
Capitalism
What is Globalization?
It is the process of interaction and integration among people, companies, and governments around the world
What are some examples of Globalization ?
The expansion of Brazilian soap operas / BTS and the KPOP Culture / Animes
How can commodities influence a country’s economy?
A country that depends only on this economy is normally weaker and more fragile, because international crisis, war or climactic problems can affect it
What are commodities?
Commodities are primary products.
