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| Stressed obedience to authority and the importance of collective identity. When Japan was viewed as a rising superpower some argued their allegiance to the group rather than the individual is what made them so successful. |
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| Systematic mass murder of an ethnic, religious, or nation group based on discriminatory preconceptions. In 1948 the UN adopted the Genocide Convention requires countries to act to prevent and punish genocide. |
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| International Court of Justice (ICJ) |
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| World court created to adjudicate disputes between states. It was created in 1945. Individual came before tribunal to try specific crimes against humanity. |
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| Gorbachev's reforms to promote openness and social freedoms. This challenged the communist parties assumptions that it had a monopoly on truth. Gorbachev's strongly supported freedoms saying the truth emerges through exchange of ideas, discussion and debate. |
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| The idea that the elections are enough the foster democracy. This thinking is found in many societies transitioning to democracy. Even though the non-democratically elected leader relinquish leadership they still exercise so much power the democratically elected leader is seen as impotent. |
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| Muslim holy book. Not even the most powerful leaders are above "god". The authoritarian governments in the Middle East are less a product of strict adherence to Islamic teachings than they are creations of modernization and the universal human struggle for power. |
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| Brazil, Russia, India, and China, emerging global power. These countries enhanced their power vis-a-vis the US, Western Europe, and Japan. These countries are now challenging American leadership. |
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| High-risk credits given to individuals who fail to meet rigorous standards. These loans were a major cause of the financial crisis. No required down payment and low interest rates. |
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| Money allocated by governments to financial institutions and selected industries to prevent their collapse and reinvigorate economic growth. $787 billion stimulus package was passed by congress to help the financial crisis. |
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| Taxes imposed on exports and imports that increase their cost. Specified limits on products to create a barrier to importing them. These two things create problems over free trade. |
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| Government payments to industries that keep prices artificially low. Subsidies give the companies an unfair advantage. |
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| Trade model stressing the role of government in trade and emphasizing the importance of balance-of-payment surpluses. Trade in Europe, Asia, and elsewhere were restricted by protectionist measures imposed by the government. |
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| North American Free Trade Agreement (NAFTA) |
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| Formed by the US, Canada, and Mexico to promote free trade among them. The NAFTA was entered into force in 1994. Because of the 3 different economies each country has something to gain from the agreement. |
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| Select two main points that you agree with and explain your reasons. |
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Human Security- When countries are transitioning to democracy it is important that they have human right and democratic freedoms.
Globalization- It enables people to see what is really going on. Ex. in Egypt people were able to see a page called wikileaks which called out governmental corruption. |
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| How do you define democracy? What prerequisites are needed for democracy to succeed? |
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Democracy-A country ruled by the people
Prerequisites:
Proportional Representation- Both the majority and the minority are equally represented
Constitution- Framework of laws that designate specific powers and responsibilities.
Presidential Democracy- Elects a president to the executive level of government. |
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| What caused the financial crisis of 2008? |
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Excessive pay for executives- Executives are getting multiples of their paychecks
Low interest rates- people cant live off the interest from their savings, so they cut back their spending which negatively effects the economy.
Subprime Loans- Given to people who would usually be seen as high risk. These are usually given for houses and when they loose the house the bank can sell it for higher.
Deregulation in financial markets- reduction in the governments role in the markets. |
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| Do you think globalization has contributed to the improvement of living standards in the world? |
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| Globalization is help a large number of people live better. It has decreased the size of poverty. But for the people who are still poor they are even worse off. |
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| Advise the presidential candidate with three ideas about global trade. |
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Get ride of strategic trade. It supports government subsidies of private industries. This gives and unfair advantage to those companies and goes against free trade.
Remove the ability to use quotas to help the rich. No one should be aloud to set limits on imports just so the rich can sell their product at an escalated price.
Reduce the need for companies like Walmart which increases the reliance on sweatshops in which people work long hours and at bad pay. |
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