economy
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Definition of Economics | show 🗑
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Traditional- Who on the resources? Who keeps the profits? | show 🗑
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An economic system must answer three basis questions. What are they? | show 🗑
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Definition of Command | show 🗑
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Definition of bartering | show 🗑
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What is capitalism? | show 🗑
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show | 0
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Definition of a market economy. | show 🗑
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Definition of Supply. | show 🗑
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Definition of demand. | show 🗑
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What is tariff? | show 🗑
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show | It is a ban on trading because of political issues
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show | Human resources
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show | Capital goods
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Resources that come from naturer | show 🗑
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show | Entrepreneur
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The total amount of final goods and services in a certain country per year | show 🗑
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How well off people live, their education status and their living status | show 🗑
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show | Specialization
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Value of what is given when a chose is made | show 🗑
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show | is the ability to "read, write, spell, listen, and speak
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show | baker; oven, refrigerator
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show | vegetation and trees (paper)
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What are three ways that a country can control trade? | show 🗑
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show | they restrictions a country has to follow if they want to trade with another country
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show | It is a combination of two economic systems, a command and a market
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What is a quota? | show 🗑
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