Economic Systems

Which system allows for international trade?

Which of the following is an example of investing in human capital?

Using a unique skill that no one else has is

Russia's economy is struggling today as it transitions from a _____ economy to a Mixed Market

What kind of countries have stronger economies and higher quality of life?

The UK has ____________economy.

Who risks his or her own money, time, edias and energy to start and run their own business?

The act of exchanging one item for another rather than using money is...

What is the currency people use in much of the European Union called?

A ______ is the way a country decides what and how goods and services will be produced.

_____ refers to the factories, machines and technology needed for a business to operate

What is a trade barrier?

A system of money is known as...

Germany has _____________ economy.

In a ______ system, supply and demand determine what is bought and sold. 

In what economy do the people decide what is produced and sold?

A trade barrier that puts an end to trade with a specific country is called...

How can entrepreneurs raise a country's GDP?

Which country do we have an embargo with today?

The UK, Germany and Russia all have what type of economic system?

Which is not a type of economy?

The people who perform the jobs in an economy are the

Which of these three countries would it be the most difficult to start a business?

Most countries have __________ economies that are a blend of market and command economies.

What is an example of investing in capital goods?

Goods that are sold to other countries.

When countries are increasingly linked to each other through culture and trade is....

Purchases that can be measured or weighed are...

In which type of economy does the government make decisions about what can be bought and sold?

This type of trade barrier protects businesses from foreign competition. It's a tax on imports.

In ___ the customs of the past decide what and how goods and services are produced and sold.

__________ are products countries buy from other countries.

What is the total market value of the goods and services?

What are the things we use that come from the land?

What kind of countries have less productive economies and a lower quality of life?