Globalization Unit Vocabulary

This is the total value of the products and services sold in a country for one year?

• Gross Domestic Product Per Capita

• Gross Domestic Product (GDP)

• Globalization

• Unemployment Rate

This is the percent of the labor force that is without jobs

• GDP

• GDP Per Capita

• Unemployment Rate

• Globalization

This is cooperation between at least two countries to reduce trade barriers such as import quotas and tariffs in order to increase trade of goods and services with each other.

• GDP

• GDP Per Capita

• Tariff

• Free Trade Agreement

This is the difference in opportunities available to people who have access to computers and the Internet and those who do not.

• Globalization

• Unemployment Rate

• The Digital Divide

• Deforestation

A tax on goods that cross country borders

• Tariff

• Import

• Export

• Free Trade Agreement

Any fuel, such as petroleum, coal, and natural gas, that is made from the remains of prehistoric plants and animals

• Fossil Fuel

• Renewable Resource

• Deforestation

• NAFTA

A wealthy country with an advanced economy. Developed countries have many industries and provide a comfortable way of life for most of their people.

• Developing Nation

• Developed Nation

• Globalization

• Digital Divide

Is the total percent of population who can read and write

• GDP Per Capita

• GDP

• Unemployment Rate

• Literacy Rate

A product brought into a country to be sold there

• Export

• Tariff

• Import

• Free Trade Agreement

The cutting down of trees in a large area, or the destruction of forests by people

• Export

• Fossil Fuel

• Developing Nation

• Deforestation