Interconnected world terms

2. practice of protecting a country’s local business or industry. This can be done through government policies such as limiting what is imported from other countries and placing tariffs (or taxes) on goods that enter the country.
4. the condition of not having enough money or material goods to meet one’s basic needs.
5. the increasing interdependence of nations and peoples across the globe.
10. or mass movement, of people from one part of the world to another.
13. includes service industries that offer services to other businesses and consumers.
14. a law that is passed to prohibit trade with a particular nation or nations
15. country One country that has little industrial development and therefore a relatively low standard of living.
16. the informal name for India's large and popular movie industry
17. condition of not having enough money or material goods to meet one’s basic needs.
18. refers to people’s quality of life based on the goods and services that are available to them.
21. the part that makes direct use of natural resources.
23. the underlying foundation or framework of a system, organization, or location.
24. the underlying foundation or framework of a system, organization, or location.
25. also known as a duty or customs duty, is a tax that is placed on imported goods when they enter a country
26. an index designed by the United Nations to measure the basic contentment of people living in a particular country.

1. refers to an economy's dependence on a particular resource in order to be successful.
3. policies put in place by a government to restrict trade with one country, with a group of countries, or with specific businesses or individuals.
6. refers to the vast numbers of people from India who have emigrated to other parts of the world.
7. refers to the shared characteristics of a group of people.
8. in this economy business owners and consumers still make most of the economic decisions.
9. a corporation that operates in more than one country at a time.
11. includes manufacturing activities, which may be referred to as secondary production.
12. the process by which previously colonized countries free themselves from their colonizers.
19. was a trade pact signed in 1992 between the United States and its North American neighbors, Canada and Mexico.
20. the movement of people from rural areas, usually called towns, to urban areas, which are called cities
22. an economic policy in which a nation does not try to limit imports or exports by enacting tariffs or subsidies.