Economic Concepts and Activities

Front

Globalization is when the world becomes more connected through ________, ________, and ________.

Back

trade, communication, and travel

Front

An example of cultural exchange through globalization is ________ from Japan being popular in the U.S.

Back

anime

Front

One positive effect of globalization is ________ product choices for consumers.

Back

more

Front

GDP per capita measures the ________ per person in a country.

Back

average amount of money

Front

Life expectancy shows how ________ people live on average.

Back

long

Front

Literacy rate measures how many people can ________ and ________.

Back

read and write

Front

Infant mortality rate measures how many babies die before age ________.

Back

1

Front

The Human Misery Index combines ________ and ________ to show economic hardship.

Back

unemployment and inflation

Front

In a command economy, ________ makes the major economic decisions.

Back

the government

Front

A country example of a command economy is ________.

Back

North Korea