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Vocab Lesson 23`

Globalization

TermDefinition
economic interdependence a condition in which countries have strong economic ties and depend on each other for resources, technology, trade, and investment
free trade the flow of goods and services across national borders, with little or no government control
globalization the development of a global, or worldwide, society in which people, money, information, and goods flow fairly freely across national borders
multinational corporation a large company that has operations in more than one country
distribution the way people or things are spread over an area or space, the way resources, power, or goods are divided among people or groups
Created by: dellingeral
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