Sustainable- able to sustain over a period of time.Prosperity- the state of being successful or having a lot of money.Sustainable prosperity- the wealth of an identity that is able to maintain longer periods of time, continuing on for generations.No, sustainability of my way of life is different than the sustainability of life on earth because we sometimes take it for the permit that goods from all around the world are available to buy at the local stones.Some people don’t even think that foods like fruits and vegetables are available the whole year.
Yes, everyone should get share equally in the earth’s because everyone has equal rights and everyone could get an equal share.No, I do not have any obligation to steward resources on the behalf of the future resources because if countries could share equal resources, so the coordination between them will good in future I personally believe that having a sustainable life is essential to your well-being and personal growth, otherwise, people like myself would be at risk of anxiety or unhappiness if you do not have a sustainable life. 2. The Russian revolution was a political movement( revolutionary process), emerged in 1917 in Russia. In which the tsarist regime was overthrown and replaced by Bolshevik rule under Lenin.
Communism is the idea that everyone in a given society receives an equal share of the benefits derived from labor.3. A state at which a country’s economic state has reached a low point. Such a state can lead to unemployment, low GDP, and families with financial issues.The example of economic depression is a great depression.4. The Bretton wood conference, official known as United National Monetary and Financial conference.
It was a gathering of delegates from 44 nations that met in Bretton Woods and New Hampshire to agree upon a series of new rules for the post-war second.5. The World Bank supports low-income countries by offering development assistance, giving loans, offering advice and training. The World Bank strives to end poverty and help the middle-income and low-income countries. International Monetary Fund is the international organization initiated in 1944 at the Bretton woods Conferences and formally created in 1945 by 29 members of countries.
They are providing loans to the people to secure their future. The criticism of World bank is the concern about the types of development projects that are funded, such as infrastructure project. The criticism IMF is developed countries have more over the less developed countries6. John Maynard Keynes was a journalist, financer and English economist who was well known for his economic theories and Friedrich Hayek was an Austrian-British economist and philosopher who was best known for his defense of classical liberalism. The difference in their philosophies was Von Hayek firmly believed in money being backed whether it was by gold or something else and the Jolon Maynard Keynes a that the government could pull the economy out a depression by increasing government spending.7. The cold war refers to the international rivalry between the United States and the Soviet Union. The cold war ended in 1989 with the fall of the Berlin wall and the 1991 dissolution of the Soviet Union.
8. A market economy is an economy in which we have total freedom of what we buy and sell. Chapter 101. It is a Mexican corporation that runs under a Maquila program approved by the Mexican Secretariat of commerce and industrial development.2. Pros- Nearly 1000000 people who would otherwise be unemployed. 50 percent of all the exports from Mexico.
New leadership 3. ConsEnvironmental issue along borders related to Maquiladoras.Social problems.Severe poverty. Poor working conditions.
4. Poor working conditions5. No environmental laws so the waste is dumped openly.
6. No barriers or restriction on the free exchange of goods between nations are called Trade liberalization. Free Trade is a policy implement in international markets in which the government does not restrict imports or exports. In order to achieve a Free trade agreement must first sign in order to follow through the process.
It promotes the idea of openness in the trading environment and aims to allows countries to focus on their own comparative advantages.7.WTO is an international and intergovernmental organization which deals with global rules of trade among the nations.8. The criticism of WTO are:Environmental complain that WTO has not linked environmental protection to trade liberalization.
Labour organizations criticise the WTO for refusing to insist on safeguards in trade negotiations, arguments that they are counter to trade liberalization.It is argued that the work of the WTO is motivated by corporate concerns over development.WTO trade liberalization ignores cultural and social factors, thus reducing cultural diversity.9. Gap analysis is the comparison of the actual performance.This is done to gauge if a company is making best use of its current resources.10. Sanctions are action by one or more countries toward another country for enforcing compliance with the legal obligation.
11. NAFTA is an agreement that created a free trade area among Canada, the United States, and Mexico.The arguments for and against the NAFTA before its launch January 1st 1994 were hyperbolic. Twenty year on, NAFTAs backers have won the argument. 12. The European Union is an economic and political union between the 28 countries that covers much of the continent.13.
E-Commerce is any means of business that goes on online.