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Zation words

Benefits of voluntary trade countries can make money, use that money to buy products they don't specialize in, allows countries to specialize,creates relationships between countries(humanitarian aid.)
currency exchange the rate at which one currency will be exchanged for another.
World Bank international financial institution that provides loans to developing countries for capital programs.
Humanitarian Aid assistance to people in need
specialism a country specializes in what they can produce most efficiently
Interdependence when one country depends on another country to complete their needs.
import when items are shipped into the country
export when items are shipped out of the country
currency a system of money in general use in a particular country
agriculture the production of farmed goods, food and other resources from animals
industries economic activity concerned with the processing of raw materials and manufacturing of goods.
services the action of helping or doing work for someone
____A______: to make a rural area more _______B____ and urban. A=Urbanization B=Industrialized
____A______: to __B______ the industry in an area A=industrialization B=develop
____A______: process by which countries are ___B______ to each other through___C______ and _____D______ A= Globalization B= linked C= trade D= culture
______A_____:buyers and sellers have the ___B______ to sell and buy by their own preference or refuse to if they so choose. A=voluntary trade B=freedom
united nations international organization of the worlds countries that promotes peace and security around the globe.
Created by: davidsonkids1