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M11 Terms

Terms in this set (7)

Dollar Regime
the United States uses the dollar as its only currency and the price of common imports such as oil are controlled worldwide. The US-OPEC deal solidified the american Dollar Regime.
Globalization
The phenomenon of countries' growing economies being consolidated into one system. This system increased world trade and capital flows immensely.
Information technology
Technology used to store and share information such as the Cloud. IT allows new and constantly improving technology to be available everywhere.
Islamism
An ideology of standardized, reformed Islam should be part of the government.
Postmodernism
a movement that began in the late 20th century centering on "critical theory." This states that we have entered a point in history after modernity. This theory says that power and will are what drive modern societies and governments.
Poscolonialism
a movement that began in the late 20th century centering on "critical theory." This states that we have entered a point in history after colonialism. This theory says that power and will are what drive modern societies and governments.
Modernity
The modern way of life in the late 20th and 21st centuries where the world is globalized, and people are highly individual
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