Economic system based on free enterprise in which businesses are privately owned, and production prices are determined by supply and demand
Goods produced for sale
Suitable for growing crops
Total control of a type of industry by one person or company
The merging of resources management systems in which countries are interconnected and dependent upon one another for goods and services Trade between countries with no or little restriction
Spending more money on imports than earning from exports
Tax on imports or exports
Earning more money on imports than earning from exports
The practice of subcontracting manufacturing work to outside companies, especially foreign or nonunion companies
Process by which a body of water becomes too rich in dissolved nutrients, leading to plant growth that depletes oxygen