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GEOG Lesson 3 Industries & Economic Development

Horizontales
A tax when a good crosses a border
Refers to tech industry like I.T. and research
Relating to money /finances
Selling a good or service to another country
the world becoming more connected
The business of making goods and services to sell
A job that is helpful/beneficial to another person or group
refers to natural resources industry like oil, trees, minerals, farming
Products; merchandise; stuff
Verticales
The gap between a country’s amount of imports vs. amount of exports
Refers to manufacturing industry like factories
Refers to services industry like education, healthcare, retail, tourism
Buying a good or service from another country
total $ value of goods and services produced by a country each year