social 10-1 Unit 4

Communism

Form of government as well as an economic system

economic globalization

economies creating a trade agreement. Example: cars like ford are made in asia, the trade agreement between ford and asia is where to keep the trucks, where to make them etc.

Market economy

A system in which they push goods and services

Free market

economic system, controlled by the market and forces supply and demand, regulated by the government.

The Unites Nations are what?

Then united nations is a diplomatic and political international organization, originating after the second world war, the theory is so that people like hitler never invade again.

International Monetary Fund

sustainable growth and prosperity for all of its 191 countries. (Excludes loans

world bank

The world bank is a place for countries to place their money, and gives loans to improve economics and the country itself