Natural Resources includes...

Capital refers to...

Labor refers to...

Entrepreneurs are...

A herd of cattle is an example of ...

Forests are examples of...

A bulldozer is an example of...

Your garbage man is an example of

Your Mail lady is an example of...

A steel factory is an example of

TheiPads you are using are examples of

Bill Gates is an example of...

Cashiers at McDonalds are examples of ….

What are the 4 economic systems?

What economic system produces what they need to survive and do NOT use money?

In what economic system are all decisions made by the government?

What economic system is controlled by people, supply, and demand? NO GOVERNMENT CONTROL

What economic system is a mixture of pure Command and pure Market?

Which of these countries appears to have an economy that is controlled mostly by the government? Click on the magnifying glass to see the economic continuum.

Which of these countries appears to no government control AND is controlled by supply & demand? Click on the magnifying glass to see the economic continuum.

Goods and services a country exiting to other countries

Goods and services brought in from other countries

A tax on imports

A limit to the number of imports that may enter a country

A government order stopping trade with another country

Rules used to try to limit trade with other countries

Which is an example of a quota?

Choose an example of an embargo

A free-trade agreement means:

What trade agreement is this map related to?

What trade agreement is this map related to?

Company XYZ produces cheese in Scotland and exports the cheese, which costs $100 per pound, to the United States. A 20% TAX would require Company XYZ to pay the United States government $20 to export the cheese.

In 2010, Mexico imposed a limit of 250,000 tons of sugar that could be imported into Mexico.

In 1962, the United States prohibited all imports and exports to and from Cuba.

In 2006, the United Nations Security Council unanimously adopted a resolution to BAN the export to and the import from Iran on certain items and technology potentially related to nuclear weapons.

In 2010, China announced that it would impose and import a tax on American poultry of up 105.4 percent.

In 2005, the United States limited the imports of Chinese textiles to 7.5% a year.

In 2012, the United States Commerce Department announced that it would impose a tax ranging from 2.9% to 4.7% on Chinese made solar panels

In June of 2013, the European Union lifted the ban of the trade of weapons to Syrian rebels.

In 1990, the Japanese government announced it would extend its voluntary limit on automobile exports to the United States.

Argentina increased taxes to 9% on the import of milk powder after record levels of imports and fears Argentina farmers would suffer falling incomes.

In 2011, the United States Department of Agriculture increased its annual sugar-import limit to 1.6 million tons for the year.

In 2006, the United Nations passed a Resolution that prohibits states from directly or indirectly supplying North Korea with conventional weapons (battle tanks, artillery, aircraft, missiles, etc.).