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| 61961516 | Globalization | The trend toward increased cultural and economic connectedness between people, businesses, and organizations throughout the world. | |
| 61961517 | Washington Consensus | Label used to refer to the following fundamental principles of free trade: that free trade raises the well-being of all countries by introducing them to devote their resource to production of those goods they produce relatively to most efficiently/ and that competition through trade raises a country's long -term growth rate by expanding access to global technologies and promoting innovation. | |
| 61961518 | Participatory Development | The notion that locals should be engaged in deciding what development means for them and how it should be achieved. | |
| 61961519 | Local Exchange Trading System (LETS) | A barter system whereby a local currency is created through which members trade services or goods in a local network seperated from the formal economy. | |
| 61961520 | Vertical Integration | Ownership by the same firm of a number of companies that exist along a variety of points on a commodity chain. | |
| 61961521 | Synergy | The cross promotion of vertically integrated goods. | |
| 61961522 | Gatekeepers | People or corporations who control access to information. | |
| 61961523 | Horizontal Integration | Ownership by the same firm of a number of companies that exist at the same point on a commodity chain. | |
| 61965082 | Networks | Defined by Manuel Castells as a set of interconnected nodes without a center. |
