APHUG Unit 7 Vocab Crossword

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Across
  1. 5. loans given on a smaller scale designed to allow those in developing countries have a chance at entrepreneurship and reduce poverty
  2. 6. part of the economy where mostly illegal products are sold and it is not regulated by the government
  3. 8. economic sector dealing with services that has 2 sub categories
  4. 9. economic sector that is considered the knowledge based sector focusing on research and information creation
  5. 10. restructuring process where a country shifts from manufacturing to services
  6. 13. refers to a shift in the manufacturing process of mass production and assembly lines to technology driven methods
  7. 15. _____revolution era where goods were made by mass production in factories
  8. 19. final stage of RSEG where population declines, labor market is in the tertiary sector, and people spend money on non-essential goods
  9. 21. economic sector dealing highest levels of decision making; CEOs and government officials
  10. 23. ______ theory where core countries pay for cheap labor in periphery countries.
  11. 24. part of the economy that is traceable and taxed by the government
  12. 25. RSEG where society is exporting a lot and the country has high output ability
  13. 26. scored between 0 and 1 and measures the distribution of income within a population
  14. 28. agreements that encourage global economic integration; NAFTA
Down
  1. 1. RSEG period marked by slowing growth, larger investment of social infrastructure, and high levels of power consumption
  2. 2. _______ to Take Off: RSEG where labor market shifts to secondary sector
  3. 3. _____industry; time when most goods were made by hand in houses
  4. 4. economic and political ideology that promotes free markets, privatization, deregulation, and small gov. intervention
  5. 7. jobs moving from developed countries to developing countries due to lower costs
  6. 11. stage of RSEG where power was located around land ownership and subsistence farming
  7. 12. increased production lowers the cost per unit making goods cheaper to produce
  8. 13. economic sector dealing mostly with the extraction of raw materials
  9. 14. refers to how one economic activity leads to additional economic growth by stimulating related businesses and industries
  10. 16. economic sector dealing with manufacturing raw materials into a finished product
  11. 17. scored between 0 and 1 is a summary measure of key dimensions of human development; considering education, quality of life, and education
  12. 18. relationships where countries trade based off of supply and demand needs
  13. 20. when businesses in the same industry group together to share resources, reduce costs, and boost efficiency; silicon valley
  14. 22. country's production is based on goods and services they can specialize in
  15. 27. import taxes designed to protect domestic industries