AP World History Terms (Economic) Flashcards
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7222332101 | Agrarian | a person who advocates a redistribution of landed property, especially as part of a social movement. | 0 | |
7222332102 | Export | send (goods or services) to another country for sale. | 1 | |
7222332118 | Import | bring (goods or services) into a country from abroad for sale. | 2 | |
7222332716 | Pastoral | (especially of land or a farm) used for or related to the keeping or grazing of sheep or cattle. | 3 | |
7222332717 | Inflation | a general increase in prices and fall in the purchasing value of money. | 4 | |
7222341584 | Commerce | the activity of buying and selling, especially on a large scale. | 5 | |
7222333837 | Labor Systems | a plan or system for utilizing convict labor often authorized by law | 6 | |
7222333838 | Commodity | a raw material or primary agricultural product that can be bought and sold, such as copper or coffee. | 7 | |
7222333839 | Industrialization | the development of industries in a country or region on a wide scale. | 8 | |
7222333840 | Surplus | an amount of something left over when requirements have been met; an excess of production or supply over demand. | 9 | |
7222333841 | Specialization of Labor | a powerful force in an economy, benefiting small and large businesses alike. | 10 |