Interconected World

3. process by which previously colonized countries free themselves from their colonizers.
10. organization of the world’s major oil-exporting nations.
13. tax that is placed on imported goods when they enter a country.
14. Country-one that has little industrial development and therefore a relatively low standard of living.
16. Development Index-index designed by the United Nations to measure the basic contentment of people living in a particular country.
18. Trade-economic policy in which a nation does not try to limit imports or exports by enacting tariffs or subsidies.
20. Dependence-dependence on a particular resource in order to be successful.
21. Sanctions-policies put in place by a government to restrict trade with one country.
22. of people from rural areas, usually called towns, to urban areas, which are called cities.
25. practice of protecting a country’s local business or industry.
26. Country-In general such a country has significant industrial development and therefore a relatively high standard of living.

1. underlying foundation or framework of a system, organization, or location.
2. Sector-economy is the part that makes direct use of natural resources.
4. region of Europe that is united under the euro, a common currency.
5. and popular movie industry.
6. of Living-quality of life based on the goods and services that are available to them.
7. Diffusion-shared characteristics of a group of people. As cultures develop, they gain new customs, ideas, arts, religions, forms of government, technologies, and other cultural elements.
8. to a new country from one’s home country to live permanently.
9. Economy-large and popular movie industry.
11. Economy-sharing features of both market and command economies.
12. pact signed in 1992 between the United States and its North American neighbors, Canada and Mexico. The purpose of the pact was to make trade between the three nations easier by eliminating some tariffs and reducing others.
15. Sector-economy is the part that makes direct use of natural resources.
17. increasing interdependence of nations and peoples across
19. movement, of people from one part of the world to another.
23. Sector-includes service industries that offer services to other businesses and consumers.
24. Economy-quality of life based on the goods and services that are available to them.