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Ch. 10 Sect. 2 Vocab
Europe Today
Term | Definition |
---|---|
tariff | a tax on imports and exports |
currency | a form of money |
euro | the common currency of the European Union |
sovereignty | a country's control over its own affairs |
eurozone | the countries that have adopted the euro as money |
consumer | a person who buys goods |
democractization | the process of becoming a democracy |
privatization | the process of government-owned businesses becoming privately owned |
demographics | the characteristics of a human population, such as age, income, and education |
aging population | a demographic trend that occurs as the average age of population rises |