Interconnected World Terms

4. a country with little to no industrial development and a low standard of living
7. the growing interdependence of people and nations around the globe.
8. the condition of not meeting basic survival needs due to the lack of money and material resources
10. a mix of different economies, with the same features of both
14. an organization in which exports petroleum
16. shared characteristics of a group of people.
18. a country of little industrial development and a low standard of living
19. an index established by the United Nations to track the essential satisfaction of people living in a particular country
24. includes service industries that conduct the work of other businesses and consumers.
25. a quality of life depending on the amount of goods and services available to that person
26. has to deal with the production of manufacturing resources such as producing textiles, turning iron ore into steel, and assembling automobiles
27. an economic region that is united under a common currency, the euro

1. a practice of securing a country’s local business or industry
2. an economic policy that doesn’t limit the amount of imports and goods by setting up taxes and tariffs
3. the dependence on specific resources to survive
5. the act of a group of people moving away from their usual homes, moving to international countries
6. the movie industry that produces movies in India
9. the government controls the aspects of production in a business and its finances
11. policies set up to restrain trade with specific countries or businesses
12. when former colonized countries free from their colonizers
13. a tax placed on imported goods once entered in another country
15. the movement of people from rural to urban areas
17. a part of an economy that has a direct use of natural resources
20. an economy in which owners are able to decide what to produce and manage their own business finances
21. the action of moving to a foreign that they are not native to
22. a trade agreement that made trading between the United States’ North American neighbors, Canada and Mexico, easier.
23. the basic foundation or structure of a system, organization, or location.