UG Europe Economy

European Union exists to maintain peace throughout continent & promotes trade & economic growth

Which one is not an economic question?

Which country's economic system makes laws to regulate prices, controls countries resources, & command leaning

Most democratic nations have which kind of economy

Entrepreneurs are private citizens who invest their own money toward the creation of a new business

______ is the trading of one country’s currency to the currency of another country.

The purpose of a tariff is to artificially raise the price of a foreign good in order to make a local good cheaper

This is an economic system where people follow the occupation of their ancestors

Out dated technology which hurts the growth of a countrys GDP references

A country’s economy is more successful when workers have good education and health care

A communist country is most closely related to which economy?

A product of the earth (“gift of nature”) that people use to meet their needs is a