____________ are those who buy goods and services.

Which of the following is not a factor of production?

What is the factor of production that includes location and natural resources?

_____________ is the exchange of goods and services.

A ______________ is a tax placed on imports and exports.

Countries with a low standard of living and weak economies are called ______________.

Countries with strong economies and a high standard of living are called ______________.

____________ are those who provide or supply goods and services.

_____________ are goods brought into a country from another country.

_____________ economies are based on customs and values, often with a low standard of living.

In a _____________ economy, the central government makes all economic decisions for a country.

In a _____________ economy, individual consumers and producers make economic decisions.

A _____________ economy is the most common type of market, which combines aspects of market and command economies.

A ____________ is a limit placed on imports to encourage domestic trade.

______________ is the total value of all the goods and services produced by a country in a year.

_____________ trade takes place when producers and consumers are in different countries.

____________ is the money earned after taxes.

______________ is the factor of production that includes work and workers.

_______________ is money borrowed that needs to be repaid with interest.

_____________ is the removal of trade barriers between countries.

_____________ are goods sent out or sold from one country to another country.

_____________ trade takes place when producers and consumers are in the same country.

______________ is a plan that tries to keep income greater than or equal to expenses.

______________ is how available a good or a service is.

Which of the following is not a method of increasing development?

_____________ is money spent on needs and wants.

_____________ is a ban on trade with another country.

____________ is the factors of production that include money and man made resources.

_____________ are the obstacles put in place by the government to protect domestic producers from unfair competition from other countries.

_____________ are the physical products like food, shirts, cell phones, etc.

_____________ is the study of how people meet their wants and needs.

______________ are the organized social instutution that allows producers and consumers to trade goods and services.