Economy definition	The activities of a country related to production, distribution trading and consumption of goods and services
Globalisation definition	The process of international integration of the economies and cultures of the world
MEDC'S definition	Countries with more resources, salaries and housing accesibility's, low birth rate and low death rate. France
LEDC'S definition	Least developed countries, countries in which they don't have much resources, high birth rate and high death rate Chad
NIC'S definition	Newly industrated country, is a country in which development has been rapid Singapore
BRIC'S definition	Acronym for the combined economies of Brazil, Russia, India, China and South Africa.
Aquaculture definition	The farming of fish, crustaceans, molluscs, aquatic plants and other organisims
Describe Globalisation	Is a term that describes the current economic situation where the exchanges and connections between cpuntries have reached a maximum level.
Pros	Global market is bigger exchange of goods and services is easier economies of scale are more profitable production is organised in a worldwide scale.
Contras	Poor countries will be exploited Loss of jobs in develop countries Enviromental problems Accumulation of wealth by few people

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