Course Review -- economics

amount of a good or service that is available for use

total value of goods and services produced in a country in a year

removal of trade barriers

action that attempts to force a country to follow international law

money or goods that are used to make products

person or business that buys goods or services

the industry that creates products and goods from raw materials

a good that is shipped into a country

exchange of goods and services in a market

growth of machine-powered production and manufacturing

an economic system that combines elements of traditional, market, and command economic systems

the system by which a country's people make a living

person or business that makes and sells goods or services

an economic system in which individual consumers and producers make economic decisions

the knowledge and skills of employees

the act of concentrating on a limited number of goods or activities

the industry that provides services that make peoples' lives easier

an economic system where the central government makes all economic decisions

the industry that sells products in stores or online

a good that is shipped out of a country

an economic system in which people make economic decisions based on their group's customs and values

body of public works, such as roads, bridges, and hospitals, that a country needs to support a modern economy

the ability to start and grow new businesses

the money people make through work or investments

Regulations are rules set by the government that create limits or standards for businesses?

use of machines to do work that had been done by animals or humans

study of how people meet their wants and needs

products or raw goods needed to produce other goods