Transition to Capitalism

1234567891011121314
Across
  1. 5. national policy of avoiding international alliances and economic interactions
  2. 6. complete, centralized economic plan used by the Soviet Union and China to coordinate development of agriculture and industry
  3. 10. independently owned group of Japanese firms joined and governed by an external board of directors in order to regulate competition
  4. 12. certificate that people could use to buy government-owned property during privatization
  5. 14. shift of an economy, or part of an economy, from private ownership to government ownership
Down
  1. 1. China’s second Five-Year Plan, begun in 1958, which forced collectivization of agriculture and rapid industrialization
  2. 2. conversion of state-owned factories and other property to private ownership
  3. 3. production process requiring large amounts of capital in relation to labor
  4. 4. forced common ownership of factors of production; used in the former Soviet Union in agriculture and manufacturing
  5. 7. gross domestic product on a per person basis; can be expressed in current or constant dollars
  6. 8. fundamental restructuring of the Soviet economy; policy introduced by Gorbachev
  7. 9. central planning authority in the former Soviet Union that created and directed Five-Year Plans
  8. 11. the association of European nations created in 1993 to develop a single market with full economic and political cooperation
  9. 13. market in which goods and services are sold illegally