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Economics

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Question
Answer
What is traditional?   show
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Who owns the resources?   show
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show No money profits: goal is to survive.  
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show Government decides what goods are made and how they will be made  
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What is bartering?   show
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show economic system in which private owners control the production of goods and profit  
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What is a market economy?   show
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How many countries have a market economy?   show
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show combination of privately and government owned businesses  
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show a tax  
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What is a quota?   show
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show a ban of exporting  
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What are human resources?   show
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What are capital goods?   show
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show resources that come from nature  
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show people with ideas who are willing to take a risk  
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What is a standard of living?   show
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show the rate of people over 15 years old can read  
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What is specialization?   show
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What is opportunity cost?   show
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show technology and a spoon  
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What are two examples of a natural resource?   show
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What are three ways a country can invest in its human resource?   show
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What is an exchange rate?   show
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show money  
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show produce  
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How to _________ it?   show
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show produce  
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