Conflicto & Reconstrucción Ii

Front 1

Economic crisis

Back 1

A situation in which the economy of a country experiences a sudden downturn brought on by a financial crisis.

http://www.businessdictionary.com/definition/economic-crisis.html

http://yaleglobal.yale.edu/content/global-economic-crisis

Front 2

Welfare state

Back 2

It is a concept of the government in which the state plays a key role in the protection of the economic and social well-being of its citizens. The government also has policies to provide free health care, money for people without jobs, etc.

http://global.britannica.com/EBchecked/topic/639266/welfare-state

http://www.merriam-webster.com/dictionary/welfare%20state

Front 3

Neoliberalism

Back 3

Political theory of the late 1900s holding that personal liberty is maximized by limiting government interference in the operation of free markets.

http://www.thefreedictionary.com/neoliberalism

http://www.corpwatch.org/article.php?id=376

Front 4

Globalization

Back 4

It is the worldwide movement toward economic, financial trade, and communications integration. It implies the opening of local and nationalistic perspectives to a boarded outlook of an interconnected world.

http://www.businessdictionary.com/definition/globalization.html

http://www.merriam-webster.com/dictionary/globalization

Front 5

Regionalism

Back 5

Institutional arrangements designed to facilitate the flow of goods and services. It also coordinates foreign economic policies between countries in the same region.

http://global.britannica.com/EBchecked/topic/766752/economic-regionalism

http://www.thefreedictionary.com/regionalism

Front 6

Trade embargo

Back 6

A proclamation on order of government prohibiting the departure of ships or goods from some or all ports until further notice.

http://legal-dictionary.thefreedictionary.com/trade+embargo

http://www.investopedia.com/terms/e/embargo.asp

Front 7

Economic recovery

Back 7

A period of increasing business activity signaling the end of a recession.

http://www.investopedia.com/terms/e/economic-recovery.asp

http://www.investinganswers.com/financial-dictionary/economics/economic-recovery-5765

Front 8

Economic miracle

Back 8

Period of rapid economic growth that exceed expectations.

http://www.businessdictionary.com/definition/economic-miracle.html

http://www.investopedia.com/articles/economics/09/german-economic-miracle.asp