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Please answer the following question fully and in complete sentences: What does it mean to have a global economy?  What are some pros and cons of a global economy?

Preindustrial societies are characterized by which of the following?

Which stage of economic development is dependent on rural economies?

When borrowers pay a price for borrowing funds, this is called _________________________.

In a traditional economic system _____________________________.

Attempting to make one’s economy entirely self reliant is called ___________________________________.

_________________ was one outcome of some of the more appalling tendencies of the industrial revolution.

According to the stages of development from the course, which of the following is true?

______________________ societies are characterized by limited specialized skills and limited production of goods.

If your parents own their own business, they are ______________________.