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Unit 1 part 2

A system of learned, shared, unifying, and interrelated beliefs, values, and assumptions. Culture
A subset or part of a larger culture. Subculture
The idea that you carry your beliefs, values, and assumptions with you at all times. Cultural Baggage
When a parent or parents and their unmarried children live together. Nuclear Family
Parents, children and other relatives living together. Extended Family
How direct or indirect communication is. Contexting
Meaningconveyed in a nonverbal way by facial expressions, body movements and gestures. Body Language
The belief in the individual and his or her ability to function relatively independently. Individualism
Members of a society believe that the group is more important than the individual. Collectivism
The belief that one's culture is better than other cultures. Ethnocentrism
A political system in which all citizens take part in making the rules that govern them. Democracy
One political party holds all the power and nprohibits members of other parties from participating. Totalitarian
A country in which a multinational enterprise is a guest. Host Country
A country in which a multinational enterprise is headquartered. Home Country
A government policy of protecting local or domestic industries from foreign competition. Protectionism
A tariff or tax placed on products that are traded internationally. Duty
Occurs when government takes control and ownership of foreign-owned assets and companies. Expropriation
An association of countries that join together to promote more mutual trade. Common Market
A country restricts foreign ownership of companies and establishes laws unfavorable to foreign imports. Economic Nationalism
Imposed by a country against another country to stop all import & export trade with that country. Embargo
Created by: esmithwsbg



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