Unit 7 AP HuG vocab

5. Society that uses manufacturing and is going through industrialization
7. A south American trade bloc which is a trade agreement between numerous south American countries.
9. Society that relies on raw extraction like mining, and logging.
10. Moving manufacturing and business to other countries.
13. economic want that tries to promote free markets, privatization, and less government involvement.
15. Moving part of a company or business to a 3rd party company.
16. a decline in manufacturing and industrialization in an economy.
17. Clustering of business to share resources and promote economy.
18. a relationship between two countries where both rely on each other for production.
19. High levels of decision making like CEOs.

1. Knowledge based services that involve tech.
2. Packing something into a container so it is easily transportable.
3. a way of production that involves mass manufacturing and assembly line production with identical products.
4. A nation has control over another through trade and production.
6. Sector losing industry and focuses more on service.
8. Trying to use two products from energy production to limit air pollution.
11. A very small loan that is payable to start off poor citizens.
12. Touring places that are natural and beneficial to the environment.
14. Rules that restrict imports so that domestic industry doesn't go out of business