Globalization Vocabulary

1. Goods that a country buys from another country.
5. The spread of ideas, foods, music, and traditions between cultures.
7. When a company moves jobs to another country to save money.
8. Rules or limits that make it harder to trade between countries.
11. When people or businesses try to be better than others.
12. Markets An economic system where people can buy and sell with little government control.
14. The process of making goods.
15. Using goods and services.
16. Duties or things people are expected to do.
18. To be connected to one another meaning that different places, people, or countries are connected and affect each other.
20. Things people use to meet their needs, like water, food, or energy.
21. When countries depend on each other for goods, services, or resources.
22. The beliefs, traditions, and way of life of a group of people.
25. The way a country manages money, goods, and services.
26. Trade The buying and selling of goods between different countries.
27. A global supply chain is the process of making a product using materials and work from different countries around the world.
29. A government where people have the power to choose their leaders.

1. When people do not have the same opportunities or resources.
2. A group of people who live or work together.
3. Materials found in nature that people use, like water, oil, or wood.
4. The way countries become connected by sharing goods, ideas, and information.
6. How people affect the environment and how the environment affects people.
9. Goods that a country sells to another country.
10. The freedoms and protections people have in their country.
13. An area that shares common features like climate or culture.
17. When a country focuses on making one product or service really well.
19. The process of changing one country's money into another country's money.
23. Harmful substances that make the air, water, or land dirty.
24. A formal agreement between countries.
28. A specific location with its own features.