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As a Result of Overproduction on the World Market, Commodity

question 17

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As a result of overproduction on the world market, commodity prices were depressed through most of the 1990s. The price depression imposed severe budget cutbacks on many poor countries, with consequent unemployment, middle-class shrinkage, reduction in education, and a rise in __________.


Definitions:

GlobalGiving

A large global crowdfunding community that connects nonprofits, donors, and companies in nearly every country around the world to support charitable projects.

Decision-making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Cultural Differences

The varying beliefs, values, behaviors, customs, and attitudes that distinguish one cultural group from another.

Transnational

Transnational refers to the extension or operation across national borders, often used to describe organizations, companies, or activities that have a global reach.

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