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Q3 S.S. Bat
| Question | Answer |
|---|---|
| how people meet there wants and needs | economics |
| the U.S. is a (free market) | Capitalist country |
| the struggle between producers for consumer's $ | competition |
| game about the real estate market in Atlantic City, NJ | monopoly |
| different people trying to control the market | competition |
| one person owns the whole market | monopoly |
| less compition= less supply= what | higher prices |
| buggeting, saving, and lending | money management |
| price paid for borrowing money | interest |
| exchange of goods and services | Trade |
| goods that come into a country | imports |
| goods that are sent to other country's | exports |
| share of ownership in a country | stock |
| individuals own and run businesses | free market economy |
| government makes all decisions | command economy |
| what war included Europe and Europe's colonies | ww1 |
| western front in ww1 was where | france |
| western front was fought by Germany against | France/USA |
| central powers led by | Germany |
| Allies led by | france |
| US sided with who | Allies |
| Artistice | cease fire |
| ww1 ww2 and cold war created | new countries |