Show:
Economic Systems
World Economies
Currencies
What the GDP?
Trade Barriers
100
Command
What is an economic system that the government answers the three main economic q's?
100
Germany
What country in Europe has a mixed market economy?
100
Euro
What is the European Union's currency?
100
Gross Domestic Product
What is how much money a country makes of its exports?
100
Tariff
What is a tax on imports?
200
Market
What is when the people answer the three main economic question?
200
Australia
What country located in the Pacific region has a mixed market economy?
200
The rate a currency is valued compared to another currency
What is the exchange rate?
200
Human capital
What is investing in training and education?
200
Quotas
What is a limit on the number of imports for a country?
300
Traditional economy
What is a type of economy where people do things the way they have always been done?
300
Cuba
What country in the Caribbean has a command economy?
300
Peso
What is the currency for Mexico?
300
Capital
What is investing in things like machines, factories, and technology?
300
Embargo
What is a block of trade from one country to another?
400
Mixed Economy
What is most of the world's economies have whether it be mixed market or command?
400
Russia
What country that spans Asia and Europe has a mixed market economy?
400
The Bolivar
What is the currency for Bolivia?
400
Natural resources
What are the things that come from the earth to make money for a country?
400
NAFTA
What is the trade organization that has an agreement between the three North American countries?
500
Continuum
What is the line where most of the world's economies sit, with market to the right and command to the left?
500
Brazil
What Latin American country has a mixed market economy?
500
Paper money and coins
What is currency?
500
Entrepreneurship
What is when a person invests their own money to opening businesses?
500
European Union
What is the organization that has the power to make decisions on economic problems in Europe?