Interconnected World Terms

1. Shared characteristics of a group of people.
4. The increasing interdependence of nations and peoples across
5. The purpose of the pact was to make trade between the three nations easier by eliminating some tariffs and reducing others.
10. A person who moves away from his or her place of usual residence, whether within a country or across an international border, temporarily or permanently, and for a variety of reasons.
13. Sector includes service industries that offer services to other businesses and consumers
14. One that has little industrial development and therefore a relatively low standard of living.
15. The process by which previously colonized countries free themselves from their colonizers.
17. A tax that is placed on imported goods when they enter a country.
18. The primary sector of an economy is the part that makes direct use of natural resources.
19. An economic region of Europe that is united under the euro, a common currency
20. An economic system in which business owners decide what to produce, as well as how to produce and distribute it.
22. An index designed by the United Nations to measure the basic contentment of people living in a particular country.
24. Refers to an economy's dependence on a particular resource in order to be successful.
25. Representing a different type of activity.

2. People’s quality of life based on the goods and services that are available to them.
3. The practice of protecting a country’s local business or industry.
6. The informal name for India's large and popular movie industry.
7. the underlying foundation or framework of a system, organization, or location.
8. The international movement of people to a destination country of which they are not natives or where they do not possess citizenship in order to settle as permanent residents or naturalized citizens.
9. The movement of people from rural areas, usually called towns, to urban areas, which are called cities.
11. 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.
12. An economic policy in which a nation does not try to limit imports or exports by enacting tariffs or subsidies
16. Policies put in place by a government to restrict trade with one country, with a group of countries, or with specific businesses or individuals.
21. An economic system in which the government controls the means of production, such as land, labor, and machinery.
23. An organization enabling the co-operation of leading oil-producing countries, in order to collectively influence the global market and maximize profit.