Social Studies 10-1 Unit 3: Contemporary Impacts of Globalization Review To what extent does globalization contribute to sustainable prosperity for all people? Critical Terms for Related Issue 3: The following key terms will be found in your textbook; these should be familiar to you Class Terms:

Sustainable Prosperity Sanctions Free market Competition Centrally Planned Economy Communism Capitalism Reparations Subsidize Privatization Scarcity Deregulation Containerization TNC (MNC) CRTC Stewardship Sustainability Chapter 10 :  Bretton Woods Agreement  international monetary system  fixed exchange rate  gold standard  floating exchange rate  World Bank  International Monetary Fund (IMF)  centrally planned economy  free market economy  recession  John Maynard Keynes  Friedrich Hayek  Milton Friedman  General Agreement on Tariffs and Trade (GATT)  tariff  World Trade Organization (WTO)  Free Trade Agreement (FTA)  North American Free Trade Agreement (NAFTA) Chapter 11 :  gross domestic product (GDP)  Group of Eight (G8)  Canadian International Development Agency (CIDA)  subsidiaries  human capital  capital-intensive production  labour-intensive production  intermodal transportation Chapter 12 :  MERCOSUR  CAN  nationalize  common market  European Union (EU)  International Bank for Reconstruction and Development (IBRD)  International Development Association (IDA)  Heavily Indebted Poor Countries (HIPCs)  austerity programs  trade liberalization  Crown corporations  deregulation  privatization  economic nationalism  Foreign Investment Review Agency (FIRA)  outsourcing  comparative advantage  Organization for Economic Co- operation and Development (OECD) Chapter 13 :  deforestation  urbanization  Organization of Petroleum Exporting Countries (OPEC) Chapter 14 :  stewardship  sustainability  National Energy Policy (NEP)  Genuine Progress Indicator (GPI)

Chapter 14: Global Sustainability & Prosperity 1. Explain the concept of stewardship. Make a connection between stewardship and sustainable prosperity. 2. How can cities achieve prosperity through globalization while protecting their environment and achieving sustainability? 3. How does Canada attempt to achieve prosperity for all despite differences between the different regions of Canada? 4. How is it determined whether a region in Canada or a country in the world has a sustainable economy? How is this measurement a good indicator? What are the flaws? 5. What is the OECD? How does it contribute to global sustainable prosperity for all? Tips to Study:  Use the information boxes, quotes, graphs, and cartoons as practice for the source-based questions.  Be sure you know all of the vocabulary words on this document.  Teach a parent or sibling about your learning, or explain the meaning of the quotes, graphs, cartoons, etc.