Term
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Definition
| to reduce the workforce through layoffs / early retirement |
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Term
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Definition
| uncontrolled growth of an urban area |
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Term
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Definition
| workers who must travel to find employment |
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Term
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Definition
| economy reliant on the extraction or primary processing of raw materials |
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Term
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Definition
| an economy that replies on the manufacturing of goods |
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Term
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Definition
| different levels of income between regions |
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Term
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Definition
| an industry that collects natural resources |
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Term
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Definition
| a clearly defined segment or area |
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Term
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Definition
| a business that operates offices and branches in three or more countries |
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Term
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Definition
| a trend towards interdependent national economies |
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Term
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Definition
| to reduce labour costs by firing managers and redistributing the work among remaining employees |
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Term
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Definition
| to replace full-time employees with party-time or contract employees who receive no benefit packages or guarantees of job security |
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Term
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Definition
| a trend of rising share prices |
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Term
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Definition
| study of population statistics, trends, averages, etc |
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Term
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Definition
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Term
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Definition
| a worker employed in a job below his or her skill level |
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Term
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Definition
| the use or purchase of goods to satisfy wants |
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Term
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Definition
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Term
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Definition
| supplies or products that can be sold |
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Term
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Definition
| intangible things that satisfy a "want" |
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Term
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Definition
| the relationship between the amount of a good available for sale and its price |
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Term
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Definition
| the relationship between the amount of a good that consumers are willing to buy and its price |
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Term
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Definition
| a region or population in which there is demand for a product or service and the good or service can be sold |
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Term
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Definition
| promoting goods or services that are for sale |
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Term
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Definition
| the means available for producing goods and services |
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Term
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Definition
| the percentage of the available labour force not employed |
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Term
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Definition
| a measure of the general rise in prices of goods and services |
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Term
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Definition
| the amount of output produced by a worker measured over a specific period of time |
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Term
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Definition
| alternating periods of ups and downs in economiic activity |
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Term
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Definition
| an official count of the people in a country, city, district, and so on |
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Term
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Definition
| a form of petroleum found in a gaseous state |
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Term
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Definition
| fish living on the bottom of the sea |
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Term
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Definition
| one barrel of oil = 159 litres of crude oil |
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Term
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Definition
| a factory or office owned by a company based in another country |
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Term
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Definition
| a device using electronic components to control the connections in the circuitry of telecommunication systems |
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Term
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Definition
| waste left over after mining and smelting |
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Term
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Definition
| anything that can be bought and sold |
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Term
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Definition
| refuse left over after ore has been removed |
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Term
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Definition
| ground that remains permanently frozen |
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Term
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Definition
| a rare igneous rock that sometimes contains diamonds |
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Term
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Definition
| a large scale and expensive engineering or construction project |
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Term
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Definition
| a dark, viscous material found in the upper strata of the earth |
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Term
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Definition
| sand saturated with heavy crude oil, which usually has seeped to the surface |
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Term
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Definition
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Term
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Definition
| protecting domestic markets and industries |
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Term
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Definition
| belonging to a distinct area of economic activity |
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Term
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Definition
| owned by the gov't, to serve the public |
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Term
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Definition
| owned by private individual or business, usually run for profit |
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Term
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Definition
| groups of nations linked to promote trade |
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Term
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Definition
| a special tax to protect domestic products from subsidized foreign imports |
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Term
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Definition
| a special tariff imposed in imports being sold at an unreasonably low price |
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Term
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Definition
| limits on the amounts of various products that can be imported |
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Term
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Definition
| suspension of trading or commercial activities |
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