TERM 1
Uruguay
DEFINITION 1
Philip Morrison sues a country with a population of 2.3
million people.
Uruguay borrow money from the State of NY
All the country wants to do is warn it's citizens of the
negative effects of smoking
TERM 2
Sovereignty
DEFINITION 2
A country's primary objective is to ma intain it's sovereignty.
Philip Morrison violates the sovereignt y of these countries.
Very similar to the East India Company taking over India
The company signs treaties with the Kings, and slowly and
gradually start to annex them and th eir kingdoms.
The companies now do the same th ing these other countries
TERM 3
SAPs
DEFINITION 3
They are designed to encourage the structural
adjustment of an economy by, for example, removing
excess government controls and promoting market
competition.
TERM 4
Are we better off?
DEFINITION 4
Arguably, no because now that whatever these
companies or countries might do is legal (in paper) and
they're "helping" these developing countries, they can
make these countries do whatever they like.
Pretty similar the East India Company
TERM 5
Why should you care?
DEFINITION 5
Exploits land and natural resources
Underdevelopment or no development of of these
countries
Since there is no development, people are one bad
decision away from getting their lives destroyed.
Governments should govern countries. Nobody wants
companies to rule the world.
