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WorksheetsInternational Economic Summit Key Concepts Review 1
Total questions: 8
Worksheet time: 4mins
Economy
The wealth and resources of a country, especially in terms of production and consumption of goods and services.
The ways and means committees distribute resources between each country as a source of power struggle.
How a nation, state, or community conducts its policy and actions.
International
Existing or carried on between two or more nations.
How a nation, state, or community conducts its policy and actions.
The process of interaction and integration of national economies, companies, people, and governments worldwide.
Government
How a nation, state, or community conducts its policy and actions.
The process of interaction and integration of national economies, companies, people, and governments worldwide.
Level of wealth, comfort, material goods, and necessities available to a person, group, or certain geographic area.
Gross Domestic Product (GDP)
Study of the land, places, and environments and how people use them, interact with them, and the impact between them.
The total value of goods produced and services provided in a country during one year.
The wealth and resources of a country, especially in terms of production and consumption of goods and services.
Globalization
Goods made and used to produce other goods and services. (example: tools, factories, machinery, buildings,...)
The total value of goods produced and services provided in a country during one year.
The process of interaction and integration of national economies, companies, people, and governments worldwide.
Capital Resources
Existing or carried on between two or more nations.
The total value of goods produced and services provided in a country during one year.
Goods made and used to produce other goods and services. (example: tools, factories, machinery, buildings,...)
Standard of Living
The total value of goods produced and services provided in a country during one year.
Level of wealth, comfort, material goods, and necessities available to a person, group, or certain geographic area.
Study of the land, places, and environments and how people use them, interact with them, and the impact between them.
Geography
Study of the land, places, and environments and how people use them, interact with them, and the impact between them.
How a nation, state, or community conducts its policy and actions.
The process of interaction and integration of national economies, companies, people, and governments worldwide.
