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