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17 Cards in this Set

  • Front
  • Back
the services and facilities necessary for an economy to function
infrastructure
the establishment of an enterprise by a foreigner
foreign direct investment (FDI)
the process by which a nation improves the economic, political, and social well-being of its people
development
suitable for producing crops
arable
organization formed to stabilize international exchange rates and facilitate development
Internation Monetary Fund (IMF)
the sale or transfer of state-owned businesses to individuals
privatization
Soviet leader Gorbachev's plan for economic restructuring
perestroika
a policy of political "openness" introduced into the Soviet Union in the late 1980s
glasnost
the increase in the number of people in a country in a given year
population growth rate
the difference between the birth rate and the death rate
Natural rate of population increase
the proportion of the population over the age of 15 that can read and write
literacy rate
what an economy that raises only enough food to feed itself practices
subsistence argiculture
a system of values that gives central importance to earning a living
work ethic
eating inadequate or improper food
malnutrition
lengthening the time for repayment an dismissing part of a loan
debt rescheduling
the orgainization of an economy for the purpose of manufacturing
industrialization
savings derived from a country's citizens
internal financing