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7 Cards in this Set
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Economic Crisis |
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://www.thefreedictionary.com/economic+crisis |
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Welfare State |
concept of government in which the state plays a key role in the protection and promotion of the economic and social well-being of its citizens.
http://global.britannica.com/EBchecked/topic/639266/welfare-state http://www.merriam-webster.com/dictionary/welfare%20state
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Neoliberalism |
A political theory of the late 1900s holding that personal liberty is maximized by limiting government interference in the operation of free markets.
http://www.globalexchange.org/resources/econ101/neoliberalismdefined http://web.inter.nl.net/users/Paul.Treanor/neoliberalism.html |
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Globalization |
is a process of interaction, movement and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
http://www.businessdictionary.com/definition/globalization.html#ixzz3POH9pE9r http://www.globalization101.org/what-is-globalization/ |
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Regionalism |
Is a type of government that divide a city, state or etc. into separate regions.
http://dictionary.reference.com/browse/regionalism http://www.merriam-webster.com/dictionary/regionalism
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Trade Embargo |
trade embargo is a prohibition on exports to one or more countries. A strategic embargo restricts only the sale of goods that make a direct and specific contribution to a country's military power.
http://legal-dictionary.thefreedictionary.com/trade embargo
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Economic Miracle |
A period of rapid economic growth that exceeds expectations. The term is often applied to the economic growth of Germany and Japan after World War II.
http://www.businessdictionary.com/definition/economic-miracle.html#ixzz3POJZtmLV http://www.forbes.com/fdc/welcome_mjx.shtml |
