Economics 2

The ability to read and write is called

Which type of economy does the government control everything?

Machinery, buildings, equipment- man-made items that businesses use as called

Which type of trade barrier places a tax on imported goods?

minerals, trees, rivers, plants, crops are known as

Another name for money.

The four factors of production are entrepreneurship, human capital, natural resources, and 

what type of trade barrier limits the number of goods that enter a country?

Germany allows only 100 t-shirts to be imported from Spain. What trade barrier is this called?

What type of economy consists of both command and market?

What type of economy based on supply and demand?

Which economy is mixed but closest to the command economy?

Which country is mixed but closest to market economy?

Which trade barrier forbids trade with another country?

United States prohibits trade with Cuba. This is an example of

France places a tax on goods imported from Australia. What trade barrier is this called?

You are an expert at making furniture. Furniture making is your 

What economy is made up of customs and beliefs (farming, old way)

services people provide are known as

A person who takes risks and opens up a business is a