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Imperialism - A nation's domination over another country's economic, political and cultural institutions
I am an aboriginal and I was assimilated and dominated for by the Europeans. They dominated over our cultural institutions
Mercantilism - Trade to generate wealth but maintaining a profitable trade balance
I am from Haiti and have lost most of my resources from environmental issues and can no longer maintain a profitable trade balance
Capitalism - An economic system that advocates free trade, competition, and choice as a means of achieving prosperity
There is no equality when it comes to capitalism. It is everyone for themselves. Since I am poor I will have no or little chance to becoem rich
Historical Globalization - A period that is often identified as beginning in 1492, when Christopher Columbus made his first voyage and ending after world war , when the United States and the Soviet Union emerged as superpowers
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