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| a process where people exchange one form of goods or services for another |
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| a practice where children tend to enter the same or similar occupation as their parents |
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| a sociological theory to explain how and why societies move toward similarity over time as their economics develop |
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| a sustained recession across several economic sectors |
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| a practice where products where products are assembled over the course of several international transactions |
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| internationally integrated economic links that connect workers and corporations for the purpose of manufacture and marketing |
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| a subtype of socialism that adopts certain traits of capitalism, like allowing limited private ownership or consulting market demand |
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| an economic policy based on notional policies of accumulation silver and gold by controlling markets with colonies and other counties through taxes and customs charges |
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| a form of socialism under which individuals and cooperative groups exchange products with one another on the basis of mutually satisfactory contracts |
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| a practice where the differences between low-end and high-end jobs become greater and the number of people in the middle levels decreases |
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Definition
| two or more consecutive quarters of economic decline |
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Definition
| farming where farmers grow only enough to feed themselves and their families |
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Definition
| an illogical fear and even hatred of foreigners and foreign goods |
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