Smore Vocab
By Jake Kimbrel
Types of economy
Mixed-both private and state control the economy
Traditional- customs and belies shape the economyCommand economy- controlled by the government
Capitalist- trade and industries owned by private owners
Carrers
GDP- gross deplomic product
Substanance agracultire- farmers grow enough food to keep their families alive
Outsourcing- sending factories to keep other countries for cheap labor
Violence of conflicts
Truman doctrine- AID would be given to Greese and turkey to end a long rivalry
Cold War- military tensions between powerful nations
Genicide- killing a large number of people in one area
Sanctions- removing political ties or actions taken against a country for political reasons
Types of Government
Monarchy- government ruled by a family
Dictatorship- goverment ruled by one person or a dictator
Infrastructure- the basic physical and organizational structures and facilities
Orginazations
NAFTA- North American Free Trade Agreenment
EU- European Union
NATO- North Atlanic Treat Orginazation
UN- United Nations
Economic levels
Secondary- processing and manufacturing
Tertiary- providing a service
Quaternary- intellecual service like education
Qui nary- scientistic or a university
Others
Globalization- interactions among the people companies and governments of different nations
Diversity- the state of being diverse or variety