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Social Studies 19

East Asia:Government, Economics & Culture

TermDefinition
Entrepreneur A person who starts up a new business
Drought A long period with little or no precipitation
Gross domestic product (GDP) The total value of all goods and services produced in a country in a given year
Globalization The development of a world Economy based on free trade and the use of foreign labor
One-child policy The Chinese law of 1979 limiting families living in urban areas to one child
Reservoir A large artificial Lake that stores water
Free trade Trade that does not impose taxes on Imports
Bullet train A train that travels more than 125 miles per hour and is shaped like a bullet
Gorge A deep, narrow passage surrounded by steep cliffs
Multinational corporation A large company based in one country that establishes branches in several others
Capital A country's wealth and infrastructure
Created by: Cchavez77
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