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15 Cards in this Set

  • Front
  • Back
debt crisis
inability of developing nations to repay large sums of money borrowed for a development problem
capital
money that can be invested in business ventures for the purpose of making a profit
westernization
the adoption of western culture
privatization
selling state-owned industries to private investors
civilization
a highly organized group of people with their own language and ways of living
entrepreneur
people who risked their money to set up buisnesses in order to make a profit
nationalism
pride and loyalty to ones country
Helsinki Agreement
an agreement that states that freedom of speech, religion, and the press are basic rights
achaeologist
scientists who studies remains left by early people
urbanization
the growth of cities
modernization
changed i a nation that enables it to set up a stable government and produce a high level of goods and services
economic diversity
producing various kinds of crops and goods so that the nations no longer dependent on a single export
artisan
skilled craftsworker
imperialism
control by one country of the political, economic, or cultural life of another country or region
tariff
tax imposed on imported goods