Economic Systems and Investments

when a country invest in Education, Skills, and Training, they are investing in their countries what?

• Natural Resources

• Human Capital

• Capital Goods

• Entrepreneurship

When county invest in new technology, new factories, and new equipment that country is investing in what?

• Natural Resources

• Human Capital

• Capital Goods

• Entrepreneurship

In this economy we do what our ancestors did

in this type of Economic System the Government answers the 3 Economic Questions

in this Economic System The Business and Consumers answer the 3 Economic Questions

When two or more Economic Systems come together they create what type of Economic System?

• Market Economy

• Traditional/Command Economy

• Mixed Economy

• Presidential Democracy

what are the 4 Factors of Economic Growth?

• Human Capital

• Capital Goods

• Entrepreneurship

• Natural Resources

• GDP

what type of Trade Battier is a TAX on imported goods?

• Quota

• Embargo

• Tariff

• NAFTA

This type of Trade Barrier STOPS/BANS ALL TRADE

• Tariff

• Quota

• Embargo

this is a limit on how much of a product can come into a country..