Section 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Free enterprise | system in which lets competition amoung businesses determine the price of products
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capitalism | an economic system in which business, industries, and resources are privately owned
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command economy | an economic system in which the government decides what to produce, where to make it, and what price to charge
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communism | an economic and political system in which the government owns or controls almost all the means of production
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gross national product (gnp) | the total value of goods and services that a country produces in a year
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gross domestic product (gdp) | the total value of goods and services create within a country
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industrialization | the process by which manufacturing based on machine power becomes widespread in an area
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literacy rate | the precentage of people who can read and write
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developed countries | countries with high levels of industralization and high standards of living
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infrastructure | a system of roads, ports, and other facilites needed by a modern economy
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developing countries | countries with less productive economies than developed countries and low standards of living
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market economy | an economic system in which people choose freely what to buy and sell
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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