Someone who is willing to take a risk to begin a new business

Factories, machinery, and technology available in a country

Producing those goods a country can make most easily so they can trade them for goods made by others that cannot be produced locally

A ban on trading with a particular country for economic or political reasons

A limit on the amount of imported goods

The ability of the people over the age of 15 to read and write

Policies that limit the ability of a country to trade with other countries

Gifts from nature

In this economic system, decisions are based on customs and beliefs of their ancestors

A tax that is placed on imported goods

The total value of all goods and services produced within a country in a single year

This economic system is a blend of command and market systems

Education, skills, and training the workers

In this economic system, the government makes all economic decisions