SS 10 RI3 Terms Review

These two financial institutions came out of the Bretton Woods Conference in 1944

He believes in government intervention during times of economic downturn

This ideology utilizes a "Social Safety Net" by providing services through a high tax model

This macro system focuses on ideas of supply and demand to guide production

Process of converting publicly owned industry to individual ownership

To look after, care for, and promote the well-being of the land/environment

Process of breaking down trade barriers between nations

Ships will register under one of these to avoid taxes in their primary country of operation

This used to be the GATT (General Agreement on Tariffs and Trade)

Companies are said to be "eco friendly" if they incorporate the following into their practice

Industry based on application of learned material, not physical labour.

Literacy, GDP, and Child Mortality contribute to the measurement of

When an area experiences economic downturn for an extended period

Economic system focused on state ownership of all industry and central planning

Measurable impact of a company/country on the environment