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Rutiri-Global Busin.
Globalization
Question | Answer |
---|---|
Goods accumulated and available for use in producing more cash or goods is called______. | Capital |
____________________is the extension to all parts of the globe using trade. | Globalization |
_______ is any form of wealth by means of either money or land owned or employed by a business for an individual. | Capital |
__________is a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state. | Communism |
A third world country is usually considered a ________________. | Developing Country |
_________is the increased flow of trade, people, investments, the technology and culture of a country outside of its borders into other countries. | Globalization |
A country which is in the process of developing an industrial base economic prosperity. | Developing Country |
________is the total value of products and the services that are produced in the borders of a nation during a certain period of time. | GDP |
____________is a socioeconomic structure that promotes the establishment of an egalitarian, classless, stateless society based on common ownership of the means of production as well as property in general. | Communism |
Wealth in the form of money or property is called _______________. | Capital |