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Europe 1
Europe 2
Europe 3
Europe4
Europe 5
100
free enterprise
What is competition between businesses; only found in market and mixed economies?
100
What is an economic system that is based on the customs and beliefs of the past that uses bartering?
traditional economy
100
What is someone who takes a risk to start his or her own business called?
entrepreneur
100
What are the three economic systems?
traditional command market
100
What is the name of the country that had problems with air pollution?
United Kingdom
200
tariff
What is a tax added to imported goods?
200
What is an economic system where the government makes all the production decisions?
command economy
200
What is an economic system where the citizens have the most freedom regarding running their businesses?
Market economy
200
What is the name of the economic system that is found in Europe?
market
200
What is the name of the country that had a nuclear disaster in Chernobyl?
Ukraine
300
What is the economic system of most democratic nations; a mix of command and market?
Mixed economy
300
What is a limit placed on imported goods?
quota
300
What is a physical feature that makes trading difficult?
Physical trade barrier
300
What is the term given to all modern economies that combines command and market?
mixed economy
300
What is the name of the country that had problems with acid rain?
Germany
400
What is the term for people 15 years of age and older that can read and write?
literacy rate
400
What is a complete ban on trading between two countries?
embargo
400
What is the price of one country's currency compared to another country's currency?
Currency exchange
400
What is the most restrictive European country in terms of currency?
Russia
400
What are the major religions in Europe?
Christianity, Judaism, and Islam
500
What is the final amount of goods and services produced in a country in one year?
Gross Domestic Product (GDP)
500
What are education, training, skills, healthcare of workers and the vaue they bring to the economy called?
Human capital
500
What are factories, technology, machines and buildings that businesses need in order to function?
Capital goods
500
What is the least restrictive European country in terms of currency?
United Kingdom
500
confederation and federal
Besides Unitary, what are the other forms of government?