When a country imports more products than it exports, creating a debt.

Economic alliance that includes most European countries who trade with the Euro.

Economic alliance created to control the price of petroleum.

Economic alliance of Southeastern Asian nations that encourages economic growth and trade in the region.

Invention of this machine created a demand for skilled labor in technology.

Invention of this machine created a demand for oil and is used to power automobiles.

Overusing resources through methods like deforestation.

Using resources wisely in order to preserve the environment.

Invention of this machine increased the demand for coal and was put into trains, leading to the railroad industry.

Farming to survive

Large farms for profits

A country not bordered by a major ocean or sea.

A person who starts his/her own business and takes risks.

Describes a nation who builds an empire by conquering weaker nations.

When a country specializes in a product that they can produce better and cheaper than other nations.

Traditional method of production when people make goods by hand in their home.

Describes nations in economic unions who rely on each other through trade.

Refers to a tax that countries put on imports to make foreign goods more expensive.

Trade alliance between the United States, Canada, and Mexico to eliminate trade barriers.

When countries allowed development of factories to produce more goods and services.

Process by which connections around the world increase and cultures become more alike.

Economic activity that uses raw materials to produce something new in a factory.

Service jobs, such as teachers, doctors, lawyers, dry cleaners, plumbers, etc.

Economic activity level that involves extracting raw materials from the earth such as farming, fishing, mining, etc.

Country that uses large amounts of energy to power its cities, homes, and cars.

Unifies former British colonies peacefully.

Unfies Middle Eastern and North African countries militarily, politically, and economically.

Preserves and protects Antarctica for peaceful and scientific purposes.

Military organization created to fight communism, now fights terrorism.

Helps victims of conflict and natural disasters internationally.

Regulates international trade, settles trade disputes, and assists developing countries.

Promotes economic unity and development in Africa.

Promotes international peace amongst countries.

Promotes peace and trade in the Americas.

Industrial nations now supply labor-intensive work to developing nations.

Industrial labor systems have changed from cottage industries to multifaceted(complex) industries and corporations.

This picture illustrates what type of change over time?

What are some costs of technological development?

What are some benefits of technological development?

Computer technology has created a greater demand for

What result occurs when one country tries to take control of another country's resources?

Which country has very limited natural resources but has become a major manufacturing center of the world?