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10 Cards in this Set
- Front
- Back
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market economy
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allow people to own, operate and profit their business
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postindustrial
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place emphisis on heavy industrial
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central business district
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urban areas where there is high concentration
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retooling
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converting old factories to new ones
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arable
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land suited for farming
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commodities
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goods
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monopoly
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the total control of an industry by one person or one company
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global company
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the merging of economies in which countries are interconnected
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trade deficit
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the difference in value between a country;s imports and exports
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tariffs
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taxes
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