Chapter 2 Vocab
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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show | Economic and political system in which factors of production are collectively owned and directed by the state; Based on a theoretically classless society in which everyone works for the common good
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show | Requiring large amounts of capital in relation to labor.
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show | gross domestic product on a per person basis; can be expressed in current or constant dollars.
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Vouchers | show 🗑
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Capitalism | show 🗑
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show | conversion of state owned factories and other property to private ownership.
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show | worst period of economic decline in U.S. history, lasting from approximately 1929 to 1939
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show | economic system characterized by a central authority that makes most of the major economic decisions.
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Black market | show 🗑
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show | economic system in which government owns some factors of production and has a role in determining what and how goods are produced
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show | an economic system combining private and public enterprise.
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Nationalization | show 🗑
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Economic | show 🗑
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Market economy | show 🗑
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Collectivization | show 🗑
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show | comprehensive, centralized economics plan used by the Soviet Union & China to coordinate development of agriculture & industry.
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show | a measure of population through unit area.
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Karl Marx | show 🗑
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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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Created by:
DFWayne82