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SS (social studies)

Help for socail studies

QuestionAnswer
Bartering A system of exchange whereby one good service is given in return for another ,bartering does not require monetary exchanges
Command economy An economic model wherein government planners make all business and financial decisions
Economic system An economic model used by government to determine what sould be produced/provide in a terms of goods and services how and whom
Enterneperter The capacity of a pravite citizens to create a new business independent of government direction or invtervention
Free enterprise The creation maintenance and expansion of business outside control or influence of the government
Market An economic model which the laws of supply and demand .determine what is prouduced or consumed and at what caused
Production
Created by: 200437089
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