Chapter 23 - Capitalism and Culture

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Transnational companies

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7 Terms

1

Transnational companies

________ (TNCs), which manufacture goods or provide services concurrently in many countries, have played a key role in the acceleration of economic globalization.

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2

Bretton Woods system

The "________ "established the rules for commercial and financial interactions among major capitalist nations, encouraging relatively open trade, stable currency values tied to the US dollar, and high levels of capital investment.

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3

Family Law Code

Morocco's ________, which still classified women as minors, was the target of a more centrally coordinated and nationally oriented feminist movement in the North African Islamic kingdom.

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4

Global South

Women's movements in the ________ sprang from a variety of causes, not all of which were openly gender- related.

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5

incredible global mobility

Money, like products, has attained ________ in three ways.

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6

recovery of Europe and Japan

The ________, as well as the industrialization of South Korea, Taiwan, China, and India, decreased the United States 'share of global output from over 50 % in 1945 to around 20 % in the 1980s.

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7

Foreign direct investment

which a company from the United States, for example, builds a plant in China or Mexico. After 1960, corporations in developed countries flocked to developing countries to take advantage of cheap labor, tax advantages, and laxer environmental laws

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