Interconnected World

2. The part that makes direct use of natural resources
3. An index designed by the United Nations to measure the basic contentment of people living in a particular country.
5. A tax that is placed on imported goods when they enter a country.
8. The increasing interdependence of nations and peoples across the globe
9. The practice of protecting a country’s local business or industry.
10. An economic region of Europe that is united under the euro, a common currency.
11. The process by which previously colonized countries free themselves from their colonizers.
13. People’s quality of life based on the goods and services that are available to them.
20. Includes service industries that offer services to other businesses and consumers.
21. One that has little industrial development and therefore a relatively low standard of living.
22. When the government plans and controls all economic decisions, such as what goods and services should be produced and who will receive them.
24. Informal name for India’s large and popular movie industry.
25. An intergovernmental organization of the world’s major oil-exporting nations.
26. Refers to an economy’s dependence on a particular resource in order to be successful.

1. An economic policy in which a nation does not try to limit imports or exports by enacting tariffs or subsidies.
4. Significant industrial development and therefore a relatively high standard of living, often have a high gross domestic product(GDP)
6. The shared characteristics of a group of people.
7. Sharing features of both market and command economies.
12. The act of coming to a new country from one’s home country to live permanently.
14. Policies put in place by a government to restrict trade with one country, with a group of countries, or with specific businesses or individuals.
15. Mass movement to a new place.
16. A trade pact created to make trade between the three nations (United States and its neighbors, Canada and Mexico) easier by eliminating some tariffs and reducing others.
17. The underlying foundation or framework of a system, organization, or location.
18. When the government allows private businesses to determine what to produce and how much.
19. The movement of people from rural areas, usually called towns, to urban areas, which are called cities.
23. Manufacturing activities, which may be referred to as secondary production.