Interconnected World

7. also known as a duty or customs duty, is a tax that is placed on imported goods when they enter a country.
12. an economy's dependence on a particular resource in order to be successful.
13. This sector includes manufacturing activities, which may be referred to as secondary production.
19. the movement of people from rural areas, usually called towns, to urban areas, which are called cities.
20. a trade pact signed in 1992 between the United States and its North American neighbors, Canada and Mexico.
21. The increasing interdependence of nations and peoples across the globe
22. an economic system in which business owners decide what to produce, as well as how to produce and distribute it.
24. one that has little industrial development and therefore a relatively low standard of living.
25. an economic region of Europe that is united under the euro, a common currency.
26. the practice of protecting a country’s local business or industry. This can be done through government policies such as limiting what is imported from other countries and placing tariffs (or taxes) on goods that enter the country.

1. Economies sharing features of both market and command economies.
2. an economic system in which the government controls the means of production, such as land, labor, and machinery.
3. refers to the shared characteristics of a group of people.
4. This sector includes service industries that offer services to other businesses and consumers.
5. an index designed by the United Nations to measure the basic contentment of people living in a particular country.
6. This sector is the part that makes direct use of natural resources.
8. an economic policy in which a nation does not try to limit imports or exports by enacting tariffs or subsidies.
9. an intergovernmental organization of the world’s major oil-exporting nations.
10. a country has significant industrial development and therefore a relatively high standard of living.
11. the informal name for India's large and popular movie industry.
14. policies put in place by a government to restrict trade with one country, with a group of countries, or with specific businesses or individuals.
15. mass movement of people from one part of the world to another.
16. the act of coming to a new country from one’s home country to live permanently.
17. people’s quality of life based on the goods and services that are available to them.
18. the underlying foundation or framework of a system, organization, or location.
23. the process by which previously colonized countries free themselves from their colonizers.