Social 10-1 – Unit 3 Vocabulary Review Exercise Section I: Matching: Please match the terms below with the letter of the correct definition, or an image representing or directly related to this concept on the following page by typing the correct letter of the definition or image next to the corresponding question number in the response sheet. Complete the exercise closed book, then use your text to check over your work. Terms: 1. _____ Sustainable Prosperity 2. _____ Sustainable Development 3. _____ Human Development Index 4. _____ Gross National Happiness Index 5. _____ Genuine Progress Index 6. _____ Privatization 7. _____ Knowledge Economy 8. _____ Foreign Investment 9. _____ Global Climate Change 10. _____ Greenhouse Effect 11. _____ Ecological footprint 12. _____ Stewardship 13. _____ Outsourcing 14. _____ Trade Liberalization 15. _____ Sanctions 16. _____ Free Trade 17. _____ Economic Globalization 18. _____ Market Economy 19. _____ Reparations 20. _____ Economic Depression Definitions: Type the letter of the definition or correct image next to the correct question number on the response sheet at the end of the test. A: developed to measure sustainability, well being, and quality of life; includes environmental and social assets such as volunteer work. B: the purchase of assets in one country by individuals, institutions, or governments in another country. Social 10-1 Unit 3 Vocabulary Review Exercise Page 1 of 5 C: D: practicing stewardship of the environment and resources so that future generations are able to achieve prosperity. E: F: index based on Buddhist spiritual values rather than economic growth. G: businesses and individuals who use research, education, new ideas, and information technologies for practical purposes. H: developed to measure quality of life in UN member countries, and to classify countries as developed, developing, or underdeveloped. I: gasses forming a barrier in the atmosphere that radiates the Earth’s heat back to the surface rather than allowing it to pass back into space. J: selling of a public service so that the service is no longer owned by the government. K: process involving countries reducing or removing trade barriers such as tariffs or quotas. L: act of making amends for wrongdoing. Social 10-1 Unit 3 Vocabulary Review Exercise Page 2 of 5 M: N: O: period of low economic activity accompanied by high unemployment. P: a penalty, often economic, taken to pressure a government to take certain actions, or follow certain rules. Q: accepting responsibility for ensuring that the Earth’s resources remain sustainable. Social 10-1 Unit 3 Vocabulary Review Exercise Page 3 of 5 R: S: business strategy involving reducing costs by using suppliers of products and services in countries where labour is cheaper. T: government regulations are reduced to a minimum and businesses are free to make their own decisions. Section II: Essay: For this section of the test you may use your outline that you developed as part of unit 3 lesson 4. You may NOT use any other resources. It is recommended that you print off your outline to use. Essay: Please write a position essay in response to the following question: To what extent(HOW MUCH) does globalization contribute to sustainable prosperity for all people? Make sure you write a clear and specific thesis statement that directly answers the essay question. Your essay should have an introductory paragraph, opposing view paragraph, several body paragraphs that support your thesis, and a concluding paragraph. You must provide specific evidence and examples FROM THE COURSE CONTENT to support your ideas. You need to write in 3rd person point of view, and your essay should be between 650 – 800 words. Please type your essay in the response sheet. Social 10-1 Unit 3 Vocabulary Review Exercise Page 4 of 5 Unit 3 Test Response Sheet: Please type your answers below. Once you have completed the test, save your response sheet as “yournameU3test.” Post your response sheet as a MS Word attachment in the submissions folder. Please do not submit scanned handwriting, or paste into an email. Section I: Matching – type the letter of your response next to the corresponding question number. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. Section II: Essay: Please type your essay below. Please make sure you follow the essay instructions carefully. The essay is graded out of 20 marks. Social 10-1 Unit 3 Vocabulary Review Exercise Page 5 of 5