6th Grade Milestone Review

Goods or services produced in another country and brought into home country.

Which was not a reason for the establishment of European overseas colonies?

A trade barrier that imposes taxes on imported goods.

Which Latin-American country's language and culture was influenced by Portugal?

An amount of money paid to an employee at a specified rate per hour worked.

How has the eUnion benefited its member countries?

Economic system where the production and shipping of goods owned by individuals or companies.

A resource that can be renewed.

A system for producing and distributing goods, and services to fulfill peoples' wants.

What are the basic issues that economic systems address?

How is Spain's influence still seen in Latin America?

An economy based the traditions of the local population.

How did Canada achieve independence from Britain?

Economy driven by individuals with private ownership of businesses. Lots of competition.

Who were the first inhabitants of Australia?

Something that occurres naturally i nature that you can sell for money (gold, timber, oil).

Items purchased to satisfy needs and wants.

In the 1700's the British government used the colony of Australia as

A political or natural source that prevents trade from occurring.

What was the goal of forming the European Union?

Which country had the most impact on language and religion in Latin America?

The Aztec Empire in Central America was conquered by Spanish soldiers led by 

A trade barrier that places a ban on imported goods.

This Portuguese explorer provided money to study navigation, and develop better boats.

Which country did Miguel Hidalgo help to gain independence?

What type of economy do Communist countries have?

A person who purchases goods and services for personal use.

A trade barrier that limits the number of imported goods.

Which of these is an example of the exchange process within a traditional economic system?

Goods or equipment needed by businesses to produce other goods.

An economy with a combination command and mixed economies.

People needed to make business work.

A resource that cannot replaced.

How much money a country makes in a year by producing, selling products and services.

Was designed to promote free trade between the United States, Canada, and Mexico.