Final Exam Key Terms

business connections of the entire world.

process of making or growing something to sale or use

a way of organizing a society where all property is owned by the government

a union between people, groups, countries

products people buy

To send a product to be sold in another country

a country that is governend by elected representatives and by an elected leader, president

ruled by a king or queen

the process where goods are produced, sold and bought

a way of organizing an economy so that the things that are made by companies or individuals.

imperial rule or dominion over an area

a person who buys goods and services

countries that build and operate factories and businesses

a government in which a small group has control for corrupt reasons

a government where the people vote for their leaders.

Money you make after all cost and expenses are paid

to create something using your brain

to leave or pass something down from generation to generation

to bring a product into a country to be sold

countries with strong economies

a person who rules a country with total authority and often in a cruel way

What is this a picture of?

a state that has its own government and consist of a city and the area around it.