- Chapter 36.1: Internet
- Chapter 36.2: genetic engineering
- Chapter 36.3: global economy
- Chapter 36.4: free trade
- Chapter 36.5: political dissent
- Chapter 36.6: refugee
- Chapter 36.7: terrorism
- Chapter 36.8: USA Patriot Act
- Chapter 36.9: popular culture
- Chapter 36.10: materialism
- Chapter 36.11: In what ways have science and technology changed the lives of peopl...
- Chapter 36.12: What was the goal of the green revolution?
- Chapter 36.13: How are a developed nation and an emerging nation different?
- Chapter 36.14: What is the function of the World Trade Organization?
- Chapter 36.15: What methods has the world community used to resolve conflicts sinc...
- Chapter 36.16: What efforts have been made to guarantee basic human rights?
- Chapter 36.17: What methods do terrorists employ?
- Chapter 36.18: How did the United States respond to the terrorist attacks of Septe...
- Chapter 36.19: Which technologies have had the most powerful impact on cultural sh...
- Chapter 36.20: Why have Western influences had a major impact all over the world?
Solutions for Chapter Chapter 36: Global Interdependence, 1960Present
Full solutions for World History: Patterns of Interaction | 1st Edition
the idea that people should pay taxes based on the benefits they receive from government services
the proposition that if private parties can bargain without cost over the allocation of resources, they can solve the problem of externalities on their own
the property whereby the benefit from an extra unit of an input declines as the quantity of the input increases
diseconomies of scal
the property whereby long-run average total cost rises as the quantity of output increases
the uncompensated impact of one person’s actions on the wellbeing of a bystander
Federal Reserve (Fed)
the central bank of the United States
costs that do not vary with the quantity of output produced
something that induces a person to act
spending on capital equipment, inventories, and structures, including household purchases of new housing
the increase in total cost that arises from an extra unit of production
a group of buyers and sellers of a particular good or service
model of aggregate demand and aggregate supply
the model that most economists use to explain shortrun fluctuations in economic activity around its long-run trend
nominal exchange rate
the rate at which a person can trade the currency of one country for the currency of another
the stock of equipment and structures that are used to produce goods and services
the equation M × V = P × Y, which relates the quantity of money, the velocity of money, and the dollar value of the economy’s output of goods and services
a dislike of uncertainty
government policy aimed at protecting people against the risk of adverse events
society’s understanding of the best ways to produce goods and services
the political philosophy according to which the government should choose policies to maximize the total utility of everyone in society
a measure of happiness or satisfaction