| A | B |
|---|
| Rule of Majority | refers to the way of democracy works. Political decisions are made when a mojority of people chose to vote in one way or the other. |
| Consumption | of goods is the act of buying or using up the goods |
| Jurisdiction | is the area where an autority or a government are given authority or has power |
| Incentives | are things like grants of money, that encourage people to proceed with the production of an idea or product |
| Private sector | includes all businesses that are run by people who do not work for the government |
| Import duty | a fee paid when something is made outside the country and is brought into the country |
| Capital | money or property that can be invested in an industry |
| Disparity | things are unequal |
| goods and services | all things for sale and all work done for others |
| Income | the money made from work of sales |
| the phrase "global village" | means that everyone on earth beelongs to the same community |
| Expert System Industry | to produce computers that have collected knowledge of "experts" in a particular field of study |
| Advocacy | A strong defence of something |
| Remote-Sensing technology | uses satellites to take pictures of the earth |
| Person-years of employment | a formula that measures how many people can be employed for one year |
| Sovereignty | the greatest power of authority in an area |
| 1 | 1 |
| 2 | 2 |
| 3 | 3 |
| 4 | 4 |
