6th Grade Social Studies Europe Today Vocab

  (a)  

is a form of government or leadership where one person has absolute power and authority.

• A type of government where power is
• A form of government where decision
• Autocratic
• A system of government where power

Bartering

(a)  

• Method of exchanging money for goods or services.
• Method of exchanging goods or services using credit cards.
• Method of exchanging goods or services through onl
• Method of exchanging goods or services without usi

command economy

(a)  

• An economic system in which individuals and businesses have complete freedom to make their own economic decisions.
• An economic system in which the government controls and determines the distribution of goods and services.
• An economic system in which the government control
• An economic system in which the government only controls the production of goods and services.

What are quotas?

(a)  

• A type of currency
• A type of fish
• A type of clothing
• Limits or restrictions on quantity or amount

What is a Traditional Economy?

(a)  

• A traditional economy is an economic system in whi
• A traditional economy is an economic system that relies heavily on international trade and globalization.
• A traditional economy is an economic system where the government controls all production and distribution of goods and services.
• A traditional economy is an economic system based on modern technologies and innovations.

What is Entrepreneurship?

(a)  

• The process of investing in established companies.
• The process of shutting down a business.
• The process of designing, launching, and running a
• The process of managing an existing business.

(a)   is an economic system where individuals and businesses have the freedom to own and control their own property and resources, and make decisions about how to use them.

• Free Enterprise
• An economic system where individual
• An economic system where individual
• An economic system where the govern

What is a market economy?

(a)  

• A market economy is an economic system in which economic decisions and pricing are determined by the interactions of a country's individual citizens and businesses.

• A market economy is an economic system in which economic decisions and pricing are determined by the interactions of a country's government and businesses.

• A market economy is an economic system in which economic decisions and pricing are determined by a central planning authority.

• A market economy is an economic system in which the government controls all economic decisions and pricing.

What is subsistence

(a)  

• A minimum level of income or resources
• The maximum level of income or resources necessary to sustain a basic standard of living
• The practice of living off the land and not relying on monetary income
• The act of substituting one thing for another

(a)   is financial support or assistance by government, to help business or industry.

• government funding
• tax exemption
• loan repayment
• subsidization