Across
- 3. Is a system in which small loans are channeled to the poor through borrowing groups whose members jointly take responsibility for repayment.
- 5. Is a mercantilist strategy for economic growth in which a country restricts imports in order to spur demand for locally produced goods.
- 6. Is a mercantilist strategy for economic growth in which a country seeks out technologies and develops industries focused specifically on the export market.
- 7. Is an indirect form of imperialism in which powerful countries overly influence the economies of less-developed countries.
Down
- 1. Historically less-developed countries that have experienced significant economic growth and democratization; also known as newly industrializing countries
- 2. Consensus Is a policy of economic liberalization adopted in exchange for financial support form liberal international organizations; typically includes privatizing state-run firms, ending subsidies, reducing tariff barriers, shrinking the size of the state, and welcoming foreign investment.
- 4. Is a segments of the economy that is not regulated or taxed by the state.