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Rutiri-Global Busin.

Globalization

QuestionAnswer
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
Created by: eva_rutiri