Across
- 3. – countries depended on imperialist countries for economy
- 5. Income Trap – Where countries experience economic growth but don’t develop fast enough
- 6. – A system where small loans are made available to small businesses who don’t have capital
Down
- 1. program/the Washington Consensus – Developed countries focused on sgricultural exports and faced deep economic problems
- 2. Industrialization – Countries that sought out technologies and developed industries that focused on export
- 4. Substitution – When countries restrict imports and raised tariffs to promote local industries
- 7. Economy – Part of the economy that isn’t regulated or protected by the state