Achieving Economic Development & Resources Satisfy Needs

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Across
  1. 3. Industrialized countries are actively involved in international business & _____
  2. 7. The largest effect of foreign debt on an economy is that the nation must use its _____ to pay for current and past spending
  3. 11. _____ rate is another indicator of a country's economic situation
  4. 12. Production that South American countries have an absolute advantage on
  5. 13. _____ infrastructure: Climate, waterways, farmland, & other natural resources
  6. 14. This country has an efficient rail system, high-speed highways & computers
  7. 16. _____ country: Improving literacy, limited technology, decreasing dependence on agriculture or mining
  8. 19. These are included in the GDP of the US if they are manufactured in the US, even if the company if foreign owned
  9. 20. Another name for an unfavorable balance of trade
Down
  1. 1. A country that exports more than it imports has a _____ balance of trade
  2. 2. Another name for a trade surplus
  3. 4. Publishes the consumer price index
  4. 5. For any country to operate efficiently, a constant flow of _____ must be in circulation
  5. 6. The main influences on a country's economic development are literacy level, _____, and agricultural dependency
  6. 8. An economy that is largely involved in agriculture does not have the _____ to provide citizens with a large number of high quality products
  7. 9. _____ infrastructure: Transportation, communication, & utility systems
  8. 10. Country with strong business activity
  9. 15. Total GDP divided by the number of people in the country
  10. 17. Country with little economic wealth & an emphasis on agriculture & mining
  11. 18. _____ infrastructure: Family relationships, labor unions, churches, & educational institutions