Instructions: Identify the Following

question 132

Short Answer

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
North American Free Trade Agreement (NAFTA)

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Definitions:

Poor Countries

Nations with low levels of income per capita, often characterized by limited industrial development, insufficient basic infrastructure, and a high degree of economic vulnerability.

Goods And Services

Refers to the total set of products and services that are made available for purchase and consumption by individuals and organizations.

Economic Growth

The rise in the real value of goods and services that an economy produces over time, adjusted for inflation.

20th Century

The period from January 1, 1901, to December 31, 2000, characterized by unprecedented technological, cultural, and political changes.