Across
- 6. trade is an economic policy in which a nation does not try to limit imports or exports by enacting tariffs or subsidies.
- 8. with each sector representing a different type of activity.
- 10. distinct sectors, or categories. The tertiary, or third, sector includes service industries that offer services to other businesses and consumers.
- 12. The increasing interdependence of nations and peoples across the globe
- 13. American Free Trade Agreement (NAFTA) was a trade pact signed in 1992 between the United States and its North American neighbors, Canada and Mexico.
- 14. people’s quality of life is based on the goods and services that are available to them. Factors that determine people's standard of living include whether they have housing and food, as well as access to education, transportation, utilities, and health care.
- 15. duty or customs duty is a tax that is placed on imported goods when they enter a country.
- 16. Country n general such a country has significant industrial development and therefore a relatively high standard of living.
- 17. 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.
- 19. underlying foundation or framework of a system, organization, or location
- 21. most of which are located in the Middle East, North Africa, and South America, agreed to work together to control worldwide oil prices.
- 23. policies are put in place by a government to restrict trade with one country, with a group of countries, or with specific businesses or individuals.
- 24. economic region of Europe is united under the euro, a common currency.
- 25. economic system in which business owners decide what to produce, as well as how to produce and distribute it.
Down
- 1. In a command economy, government planners, not private individuals, make economic decisions.
- 2. basic types of economic systems: market economies, command economies, and mixed economies.
- 3. part that makes direct use of natural resources.
- 4. Its name comes from a combination of Bombay, which is a city in India now called Mumbai, and Hollywood, the center of the U.S. film industry.
- 5. by which previously colonized countries free themselves from their colonizers.
- 7. shows that large numbers of people moved from rural areas to cities and towns
- 9. cultures develop, they gain new customs, ideas, arts, religions, forms of government, technologies, and other cultural elements.
- 11. dependence on a particular resource to be successful.
- 18. underlying the foundation or framework of a system, organization, or location
- 20. is usually called towns, to urban areas, are called cities.
- 22. is the act of coming to a new country from one’s home country to live permanently. Immigration is caused by push and pulls factors.
- 26. Human Development Index (HDI) is designed by the United Nations to measure the basic contentment of people living in a particular country.