1-3-3 The World's Economies Vocabulary
Across
- 3. Sector The sector that provides services.
- 5. Group of European countries that operate under one economic unit and one currency—the euro.
- 8. Group of South American counries that promote free trade, economic development, and globalization.
- 9. Group of countries in Southeast Asia that promote economic, cultural, and political development.
- 10. Economy Parts of the economy may be privately owned, parts may be owned by the government.
- 12. Economy The means of production are privately owned.
- 14. When one country buys a product from the exporting country.
- 15. Agreement among United States, five developing Central American countries, and the Dominican Republic that promotes free trade.
- 19. Resources Resources that cannot be totally replaced.
- 21. Encourages free trade among the United States, Canada, and Mexico.
- 22. Bank The organization that provides financing, advice, and research to developing nations to help them grow their economies.
Down
- 1. Trade When a group of countries decide to set little or no tariffs or quotas when trading among themselves.
- 2. Sector The sector that produces raw materials and basic goods.
- 4. A limit on the amount of one particular good that can be imported.
- 6. The organization that monitors economic development and lends money to nations in need and provides training and technical help.
- 7. Economy Resources are mainly distributed through families.
- 11. Sector The sector that makes finished goods.
- 13. Economy Means of production are publicly owned, and production and distribution are controlled by a central governing authority.
- 16. The organization that help regulate trade among nations.
- 17. Extra tax added to the cost of importing products.
- 18. Resources Resources that can totally be replaced or are always available naturally.
- 20. When one country sends their product to another country.