NUFD 153 - Dynamics
Agricultural Treadmill - ANS-The agricultural treadmill can be described as the limits farmers
encounter within a profit-oriented and industrial food system. This system is characterized by
higher yields and lower crop losses (from diseases, pests, etc.) leading to more production
and lower prices. This creates a cycle encouraging more production which requires the
investment in and use of more technology (chemical fertilizers, better seeds, etc.) to improve
efficiency.
Benefits to Profit oriented industrialized age - ANS-- agriculture production increased in
efficiency
- previous luxury items are now more widely available (coffee, chocolate, sugar)
- potential to be able to feed all people, and feed them nutritiously for cheap
Bretton Woods - ANS-Conference where a new international monetary system is developed
by the representatives of 44 nations - helped to establish the IMF and what became the
world bank group. Those at Bretton Woods envisioned an international monetary system the
would ensure exchange rate stability, and promote economic growth
- What does this mean?
- all major currencies pegged to US dollar, which convertible to gols -US is banker for the
world
- helps europe (See: marshall plan)
- Bretton Woods institutions:
- International Monetary Fund: manage exchange rate system; prevent international
economic crises; provide short-term capital
- World Bank: provide loans for development projects
Colonialism - ANS-The political, social, and economic domination of one people over
another for economic exploitation through violence, displacement, and oppressive tactics
Columbian Exchange (after 1492) - ANS-Global transfer of plants, animals, diseases, ideas
and technology following the European conquest of the Americans
Common Field System - ANS-A system of land ownership in which land is owned collectively
by a number of persons, or by one person with others having certain traditional rights, such
as to allowing their livestock graze on the land, collect firewood, or cut turf for fuel.
Comparative advantage - ANS-Comparative advantage is an economy's ability to produce a
particular good or service at a lower opportunity cost than its trading partners.
- Advocates for:
- Privatization of public sector institutions
- Privatizations of commons (water, seeds, education, life, etc.)
- Deregulation of industry
- Opening borders for goods and capital (free trade and investment)
- Undermining organized labor
- Cutting social spending
Crop Rotation - ANS-the practice of growing a series of different types of crops in the same
area in sequences seasons so that the soil of farms is not used to only one type of nutrient.
It helps in reducing soil erosion, increases soil fertility and crop yield.
Agricultural Treadmill - ANS-The agricultural treadmill can be described as the limits farmers
encounter within a profit-oriented and industrial food system. This system is characterized by
higher yields and lower crop losses (from diseases, pests, etc.) leading to more production
and lower prices. This creates a cycle encouraging more production which requires the
investment in and use of more technology (chemical fertilizers, better seeds, etc.) to improve
efficiency.
Benefits to Profit oriented industrialized age - ANS-- agriculture production increased in
efficiency
- previous luxury items are now more widely available (coffee, chocolate, sugar)
- potential to be able to feed all people, and feed them nutritiously for cheap
Bretton Woods - ANS-Conference where a new international monetary system is developed
by the representatives of 44 nations - helped to establish the IMF and what became the
world bank group. Those at Bretton Woods envisioned an international monetary system the
would ensure exchange rate stability, and promote economic growth
- What does this mean?
- all major currencies pegged to US dollar, which convertible to gols -US is banker for the
world
- helps europe (See: marshall plan)
- Bretton Woods institutions:
- International Monetary Fund: manage exchange rate system; prevent international
economic crises; provide short-term capital
- World Bank: provide loans for development projects
Colonialism - ANS-The political, social, and economic domination of one people over
another for economic exploitation through violence, displacement, and oppressive tactics
Columbian Exchange (after 1492) - ANS-Global transfer of plants, animals, diseases, ideas
and technology following the European conquest of the Americans
Common Field System - ANS-A system of land ownership in which land is owned collectively
by a number of persons, or by one person with others having certain traditional rights, such
as to allowing their livestock graze on the land, collect firewood, or cut turf for fuel.
Comparative advantage - ANS-Comparative advantage is an economy's ability to produce a
particular good or service at a lower opportunity cost than its trading partners.
- Advocates for:
- Privatization of public sector institutions
- Privatizations of commons (water, seeds, education, life, etc.)
- Deregulation of industry
- Opening borders for goods and capital (free trade and investment)
- Undermining organized labor
- Cutting social spending
Crop Rotation - ANS-the practice of growing a series of different types of crops in the same
area in sequences seasons so that the soil of farms is not used to only one type of nutrient.
It helps in reducing soil erosion, increases soil fertility and crop yield.
