Words from learning objectives 7.4-7.6
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| show | small, unsecured loans made primarily to women to help them undertake an income-generating project in a developing country
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| show | A model of economic development that describes a country's progression which occurs in five stages transforming them from least-developed to most-developed countries.
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| show | 1. The world economy has one market and a global division of labor.
2. Although the world has multiple states, almost everything takes place within the context of the world economy.
3. The world economy has a three-tier structure. (Peripheral, Semi-peripheral, Core)
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| Dependency Theory | show 🗑
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| Commodity Theory | show 🗑
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| Deindustrialization | show 🗑
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| Comparative advantage | show 🗑
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| Complimentary advantage | show 🗑
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| show | economic policies that are predicated on a minimalist role for the state, assuming the desirability of free markets as the ideal condition not only for economic organization but also for political and social life
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| Mercosur | show 🗑
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| Tariffs | show 🗑
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| Global Financial Crisis | show 🗑
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| World Trade Organization (WTO) | show 🗑
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| show | An organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum.
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| show | an international organization that acts as a lender of last resort, providing loans to troubled nations, and also works to promote trade through financial cooperation
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| show | policy created by the government; could be at any scale of government: national, local, province, county, supranational
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