A tax on imported goods

A limit on the amount of goods that can be imported into the country is called?

A ban on trade with another country for economic or political reasons is known as?

The sum of all goods and services produced in a country in one year is called?

Education, skills, and training that people (workers) possess.

Factories, machinery, tools, and technology available to a country are known as?

All economic decisions are made by the government.

All economic decisions are made by buyers (consumers) and sellers (producers).

All economic decisions are based on customs and habits from the past.

What are the gifts of nature used to produce goods?

Someone who is willing to take a risk to start a new business, invent something, or find a better way of doing something is called?

An economy that is a blend of command and market economies.

What policies of a country stop or slow down free trade with other countries?

Buyers and sellers exchange goods and services freely and willingly with each other.

The choices we make about how to use limited resources to produce goods and services that meet our unlimited needs and wants