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Aid
Aid is the transfer of money, goods, or expertise from one country or organisation to another in order to support development, emergency relief, or long-term growth. It can be given as Bilateral aid: one country directly supporting another. It can also be Multilateral aid: aid channelled through international organisations (e.g., UN, World Bank).
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Economy
An economy is the system a country or region uses to produce, distribute, and consume goods and services. In simple terms: how money, jobs, businesses, and resources work together.
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Empire
A large political unit in which one central power (a ruler, government, or state) controls many different peoples and territories, often through conquest or expansion.
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Globalization
Globalization is the process by which the world becomes increasingly connected through the movement of goods, people, ideas, technology, and cultures across national borders. It creates a world where events in one place can quickly affect people in another.
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Mercantilist
A belief or economic system where governments try to increase national wealth by controlling trade, maximizing exports, minimizing imports, and hoarding gold and silver. It was common in Europe from the 1500s to 1700s.
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Trade
Trade is the exchange of goods, services, or resources between people, businesses, or countries. It can happen within a country (domestic trade) or between countries (international trade).
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Trade networks
Systems of connected routes, by land or sea, through which people, goods, ideas, and sometimes diseases move between different regions or societies. They link multiple places together and allow regular, long-distance exchange.
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