Across
- 3. an economic system in which the government controls the means of production, such as land, labor, and machinery
- 4. often have a high gross domestic product (GDP), which is the total value of goods and services sold during a period of time, usually a year
- 7. Sector This sector includes service industries that offer services to other businesses and consumers
- 9. An intergovernmental organization of the world’s major oil-exporting nations
- 11. The increasing interdependence of nations and peoples across the globe
- 12. The movement of people from rural areas, usually called towns, to urban areas, which are called cities
- 14. Refers to people’s quality of life based on the goods and services that are available to them
- 17. Sector This economic activity is divided into sectors, with each sector representing a different type of activity
- 21. Also known as a duty or customs duty is a tax that is placed on imported goods when they enter a country
- 22. search for safety, food, and shelter has resulted in the migration, or mass movement, of people from one part of the world to another
- 23. business owners and consumers still make most of the economic decisions. However, governments may regulate the markets in order to provide stability, protect national interests, or prevent monopolies
- 26. Economy An economic system in which business owners decide what to produce, as well as how to produce and distribute it
Down
- 1. Dependence Refers to an economy's dependence on a particular resource in order to be successful
- 2. an index designed by the United Nations to measure the basic contentment of people living in a particular country
- 5. An economic region of Europe that is united under the euro, a common currency
- 6. The process by which previously colonized countries free themselves from their colonizers
- 8. policies put in place by a government to restrict trade with one country, with a group of countries, or with specific businesses or individuals
- 10. The underlying foundation or framework of a system, organization, or location.
- 13. The transmission of cultural elements, such as customs, ideas, and religions, from one group to another
- 15. Is the informal name for India's large and popular movie industry
- 16. Sector A part of the economy that makes direct use of natural resources
- 18. Country Has little industrial development and therefore a relatively low standard of living
- 19. The act of coming to a new country from one’s home country to live permanently
- 20. The practice of protecting a country’s local business or industry
- 24. This is an economic policy in which a nation does not try to limit imports or exports by enacting tariffs or subsidies
- 25. This was a trade pact signed in 1992 between the United States and its North American neighbors