click below
click below
Normal Size Small Size show me how
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 |