Interconnected World Terms

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Across
  1. 5. Economy There are three basic types of economic systems: market economies, command economies, and mixed economies.
  2. 6. Sector world economies traditionally have three distinct sectors, or categories.
  3. 10. Urbanization is the movement of people from rural areas, usually called towns, to urban areas, which are called cities.
  4. 12. is one example of how globalization contributes to cultural diffusion
  5. 13. globalization is the increasing interdependence of nations and people across the globe . The increasing interdependence of nations and peoples across .
  6. 15. Country in general such a country has significant industrial development and therefore a relatively high standard of living.
  7. 17. , Infrastructure is the underlying foundation or framework of a system, organization, or location.
  8. 18. The Organization of the Petroleum Exporting Countries OPEC is an intergovernmental organization of the world’s major oil exporting nations.
  9. 22. The idea behind protectionism is that when goods that come from other countries are limited or made more expensive, the businesses within the country prosper.
  10. 25. Sector Economic activity is divided into sectors, with each sector representing a different type of activity. The secondary sector includes manufacturing activities, which may be referred to as secondary production
Down
  1. 1. of Living Standard of living refers to people’s quality of life based on the goods and services that are available to them.
  2. 2. Development Index The Human Development Index HDI is an index designed by the United Nations to measure the basic contentment of people living in a particular country
  3. 3. Decolonization is the process by which previously colonized countries free themselves from their colonizers
  4. 4. The Eurozone is an economic region of Europe that is united under the euro, a common currency.
  5. 5. EconomyA market economy is an economic system in which business owners decide what to produce, as well as how to produce and distribute it.
  6. 7. Sanctions Economic sanctions are policies put in place by a government to restrict trade with one country, with a group of countries, or with specific businesses or individuals.
  7. 8. Diffusion Culture refers to the shared characteristics of a group of people.
  8. 9. immigration is the act of coming to a new country from one ś home country to live permanently
  9. 11. was a trade 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.
  10. 14. A tariff, also known as a duty or customs duty, is a tax that is placed on imported goods when they enter a country.
  11. 16. Dependence Economic dependence refers to an economy's dependence on a particular resource in order to be successful.
  12. 19. Country Not everyone agrees on the exact definition of a developing country, also called a less developed nation or underdeveloped
  13. 20. Sector is The primary sector of an economy is the part that makes direct use of natural resources. It includes agriculture, forestry, fishing, mining, and other industries based on what a country has available in its own territory.
  14. 21. Economy A command economy can be contrasted with a free market, or capitalist, economy.
  15. 23. Trade Free trade is an economic policy in which a nation does not try to limit imports or exports by enacting tariffs or subsidies
  16. 24. has been important in world history.