SS Unit 4 Europe's Economy

Front

An activity that slows OR blocks the free exchange of goods and services.

Back

Trade Barrier

Front

The relative health, skills, education, and training of a nation’s labor force.

Back

Human Capital

Front

Focusing on a narrow range of products/services that can be produced most efficiently.

Back

Specialization

Front

A trade barrier which blocks all trade with another nation.

Back

Embargo

Front

An economic system where in government planners make all business and financial decisions.

Back

Command Economy

Front

Countries with market economies base their answers to economic questions on ...

Back

what consumers want.

Front

The economy of the United Kingdom, Germany, and Russia can all be described as...

Back

mixed economy

Front

Entrepreneur...

Back

starts their own company.

Front

The type of economy MOST European countries have is...

Back

Mixed

Front

The purpose of currency exchange is to...

Back

allow for trade between countries.