PRESENTATION OUTLINE
Industrialization
Definition:The large-scale introduction of manufacturing, advanced technical enterprises, and other productive economic activity into and area, society, country, etc.
Sentence: Industrialization around the world has increased the global demand for rubber
Urbanization
Definition:An increase in people living or working in cities.
Sentence:Our town has had an increase of urbanization.
City Commission
Definition: Voted legislative body that makes taxes and other ordinances that help the city.
Sentence: The city commission made taxes lower.
OPEC
Definition: formed to establish oil-exporting policies and set prices.
Sentence: OPEC was founded in 1960 to export large amounts of oil.
Petroleum
Definition: Dark, thick liquid fossil fuel commonly called oil.
Sentence: I drill for petroleum.
Wildcatter
Definition: Oil operators who worked on their own in search of new fields.
Sentence: The wildcatters search for new land.
Embargo
Definition: an official ban on trade or other commercial activity with a particular country.
Sentence: The country had an embargo on grain sales