Specialization and Trade
Successful and Profitable
What is Prosperity
World's Second largest river at nearly 4,000 miles long
What is the Amazon River?
Countries along the Andes Mountains
What are Andean?
Outdated and Slow
What is obsolete?
Cuba has only made _____ in capital goods over the past decades.
What are small investments?
Focusing on a range of readily available products
What is Specialization?
Makes up about 40% of Brazil's total Area
What is Amazon Rainforest?
A person of Latin Descent
Who is Latino?
Sector that Brazil invest in
What is Petroleum Extraction?
Mexico's Literacy rate is
What is 94.4%
the ability to survive on only what is available
What is Self -Sustaining
At 48 miles long, it takes roughly 8 -10 hours to pass through.
What is the Panama Canal?
Limited education typically leads to
What is Low quality and low paying jobs?
Investing in new technology for workers yield
What is a raise in the GDP?
Unfortunately, tough ______ and high taxes make starting a business challenging in some countries like Brazil
What are regulations?
A market in which buyers and sellers have the right to buy and sell freely.
What is Trade
Due to its remote location, it is home to a number of indigenous people
What are the Sierra Madre Mountains?
Latin America is limited in this
What are resources, jobs and healthcare?
The annual income of citizens with a nation
What is GDP per Capita?
Entrepreneurs produce fresh ideas for goods or services and use then they use natural resources, capital goods and human capital to
What is bring those ideas to life?
A trading system where people volunteer in factories to keep cost down
What is voluntary trade?
Known as the driest place on Earth, receiving less than 1mm of rainfall per year.
Where is the Atacama Desert?
Many Latin Americans have this socioeconomic status compared to developed parts of the world.
What is Low?
A nation with high GDP typically ____ invest in capital
What is False?
The worldwide average for starting a new business takes 21 days and the overall business freedom is
What is 65%?