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Unit 8 Test review. Flashcards | StudBud
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Unit 8 Test review.
Unit 8 Test review.
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Flashcards
12 cards
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Questions
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Answers
1
Globalization
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proccess which the world uses trade,
idk
process of interaction and integration among people
2
Silk road.
idk
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silky road
Trade route
3
supply
something that they public wants.
idk
Something needed or wanted ,made avalibale
idk
4
Traditional economy
idk.
relies on current history.
relies on customs, history.
does not perofrm
5
Trade route
a series of items.
A series of roads
a series of pathways and stoppages used for the commercial transport
idk
6
Spice route
The network of sea routes that link the East with the West
spice used to maek Takis.
i really dont know.
idk
7
Mixed economy
an economic system combining private and public enterprise.
both command and command.
economic system that makes people follow rules.
idk
8
Demand.
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having too many.
not having enough
Highly requested.
9
economics
The study of the universe.
Kings
History
production, consumption, and transfer of wealth.
10
Market economy
idk
economic system which production and prices are determined by competition
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Economic system where production is determined by the civilization.
11
Trade
the action of buying and selling goods and services.
selling things.
taking things away
idk
12
Command economy
production is determined by the societies.
production, investment, prices, and incomes are determined by a government.
idk.
production are determined by the people.
