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6 SS Latin America Economy Vocabulary Part 2

AB
economic continuuma 0-100 scale which ranks world economies from most command-leaning (0) to most market-leaning (100)
mixed economyerm used to describe the market/command/traditional blending of all modern world economies
infrastructurea nation's buildings, roads, bridges, power grids, etc.
dissidenta person who opposes the authority of an established government
subsidiesmoney granted by the government to assist a business or industry in lowering the cost of its product/service
rationsa fixed amount of a product or service allowed during times of shortage
privatizeto transfer a business, industry, or service for public (government) to private control
graftfinancial gain through illegal means, typically through kickbacks and bribes



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