Specialization and Interdependence

Specialization and Interdependence

Assessment

Flashcard

History

KG - University

Practice Problem

Hard

Created by

Wayground Content

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15 questions

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1.

FLASHCARD QUESTION

Front

Goods and services produced in other countries and sold at home

Back

Imports

2.

FLASHCARD QUESTION

Front

Good and services produced at home and sold in other countries

Back

Exports

3.

FLASHCARD QUESTION

Front

A focus on developing only certain skills or producing only certain goods/services

Back

Specialization

4.

FLASHCARD QUESTION

Front

The process by which people and economies around the world are becoming increasingly interconnected

Back

Globalization

5.

FLASHCARD QUESTION

Front

When one person or group depends on or relies on another

Back

Interdependent

6.

FLASHCARD QUESTION

Front

Which of these is not a cost of global trade? American workers lose jobs, Workers in foreign country get less pay, Local companies lose business, Allows people to buy things from all over the world

Back

Allows people to buy things from all over the world

7.

FLASHCARD QUESTION

Front

The largest of the earth's seven continents

Back

Asia

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