Latin America Economics Test

What is one tool governments use to measure the strength of their economy?

System of exchange where one good or service is given in return for another. Money is not used.

items found on earth

knowledge, skills, and relative health of a nation's labor force

economy that is owned and operated by private citizens

part of the economy that is owned and operated by the national government

coal, oil, water are examples of which term below?

A new machine that helps speed up production is an example of which term below?

If a company sends employees to get training on a new machine, this would be an example of what term below?

Bob decides to create a new brand of widgets. He decides to get a loan from the bank and start his business. What is this an example of?