A | B |
Cash Crop | A product grown to be sold for export |
Consumer Goods | Household products, clothing, and other goods people buy to use for themselves. |
Productivity | Measurement of the amount of work accomplished in a given time. |
Human Resources | The supply of people who can produce goods. |
Textiles | Woven cloth. |
Welfare State | Country that uses tax money to support people who are sick, needy, jobless, or retired. |
Light Industry | Making of such goods as clothing, shoes, furniture, and household products. |
Heavy Industry | Manufactured goods such as machinery, mining equipment, and steel. |
Free Market Economy | An economic system in which people start and run businesses with limited government intervention. |
Coalition Government | Government in which two or more political parties work together to run a country. |
Autocratic | Self governing |
Federal Republic | A government divided between national and state powers. |
Oligarchic | A system of government in which a nation is controlled by a small group of leaders. |
Confederation | Group of confederates, especially of states or nations, united for a common purpose. |
Democratic | Government in which leaders rule with consent of citizens. |