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Ch. 7 East Asia

AB
RadicalExtreme
Red Guardsgroups of students who carried out Mao Zedongs policies during the cultural revolution
free enterprise systeman economic system in which peope can choose their own jobs, start businesses own property and make a profit.
gross domestic productthe total value of all goods and services produced in an economy.
subsidymoney given by a government to assist a private company
recessiona period during which an economy and the businesses that support it shrink, or make less money
birthratethe number of live births each year per 1000 people
laborthe work people do for which they are paid
demilitarized zonean area in which no weapons are allowed
trucea ceasefire agreement
diversifyto add variety to
faminehuge food shortage



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