A | B |
WTO | promotes free trade agreements |
NAFTA | free trade deal b/w Canada, Mexico, U.S. |
benefits of NAFTA | Mexico gets industry (capital); U.S.--gets cheap goods |
NATO | U.S. defensive alliance |
UN | promotes peace in world; solves disputes |
WARSAW PACT | old Soviet alliance |
League of Nations | created after WWI--failed--no army, no U.S. |
IMF | gives loans to developing countries |
EU | regional trade organization in Europe |
developing countries | found in Africa, Asia, S. America |
developed countries | found in Europe, N. America, Asia |
Urban % | % people in cities--high if developed |
Access to healthcare | high in developed coutries |
literacy % | % who can read/write; low in developing countries |
social challenges in developing countries | poverty, poor health, illiteracy, famine |
Economic growth aided by? | stable gov't, free markets, freedom |
rapid population growth | problem in developing countries |
slow population growth | developed countries; women work, get education |
free markets produce | rise in standard of living |
Taiwan and South Korea | example of free markets producing wealthy countries |