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Cold War - an ongoing political rivalry between the United States and the Soviet Union and their respective allies that developed after World War II, Ethnicity - belonging to a social group that has a common national or cultural tradition, Exploit - make full use of and derive benefit from (a resource)., Factors of Production - resources that are the building blocks of the economy; they are what people use to produce goods and services, Globalization - the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet, Standard of Living - the degree of wealth and material comfort available to a person or community., Reunification - restoration of political unity to a place or group, especially a divided territory., Refugee - a person who has been forced to leave their country in order to escape war, persecution, or natural disaster., Subsistence Farming - form of farming in which nearly all of the crops or livestock raised are used to maintain the farmer and the farmer's family, Federation - a group of states with a central government but independence in internal affairs., Economic System - a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country,

Unit 5 Vocabulary

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