Trade in Europe
What contributed to the revival of trade in Europe?
Crusades, Italian ships bringing goods from Asia, Viking ships bring Asian goods to Northern Europe
T/F: India and China have SHRINKING middle classes
False
(of a country or region) advanced economically and socially
Developed Economy
Name 1 major export from New Zealand
Kiwis, butter, beef
What caused "Hyperinflation" in Germany?
German Central Bank began printing large amounts of money
What was the phase directly after WWII where Japan's economy was in shambles having lost the war?
Recovery
Africa is still affected by the history of its
Colonization
The way a civilization makes money through buying and selling of goods is called
Economy
The horrible economic conditions in Europe after the war would be one reason for the rise of
Nationalism
What is a major cause in pollution in China?
Fast industrialization
What does the African Union promote?
Health, Peace, Democracy Education
T/F: New Zealand's distance has not had any impact on their economy.
False
a tax or duty to be paid on a particular class of imports or exports
Tariff
What country experienced the 2nd fastest growing economy in the world after WWII
Japan
the action or process of settling among and establishing control over the indigenous people of an area.
Colonization
Who are major trading partners with Australia?
Japan, China, U.S
List 3 developed countries in Europe
Czech Republic, Greece, France, Portugal, United Kingdom, Germany, Malta, Slovenia, Andorra, Spain, Italy, Belgium, Finland, Austria, Iceland, Netherlands, Denmark, Ireland, Sweden, San Marino, Switzerland, Luxembourg, Norway, Liechtenstein and Monaco.
T/F: Ancient China was mostly a farming community
True. Sharecroppers
What system did ancient Africa use to trade?
Silent Barter
What are the Pacific islands largest economic activities?
fishing, service industry, farming, tourism