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Geography Review Teacher
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Free market, with little or no control of the State over the commerce. Capitalism or Socialism?
Capitalism
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What are some examples of Globalization ?
The expansion of Brazilian soap operas / BTS and the KPOP Culture / Animes
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Investment in technology and innovation, stimulating competition. Capitalism or Socialism?
Capitalism
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Centralized and authoritarian government. Capitalism or Socialism?
Socialism
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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
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Economy regulation to control inequality. Capitalism or Socialism?
Socialism
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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
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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
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What is Globalization?
It is the process of interaction and integration among people, companies, and governments around the world
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Name some blocks formed after the Cold War that stimulated internal commerce and economic growth
BRICKS, MERCOSUR and EUROPEAN UNION
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Large investment in public institutions, such as universities and hospitals.Capitalism or Socialism?
Socialism
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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
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What are commodities?
Commodities are primary products.
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