Ch 2-3 Vocab
Across
- 3. number of people per square mile of land area
- 6. requiring large amounts of capital in relation to labor
- 8. forced collectivization of agriculture and rapid industrialization
- 9. entering into an activity
- 10. fundamental restructuring of the Soviet economy
- 12. its 28 member countries make it the largest single unified market in the world in terms of population and output
- 13. certificates that could be used to purchase government-owned property during privatization
- 14. forced common ownership of factors of production
- 15. gross domestic product on a per person basis
- 16. central planning authority in the former Soviet Union that devised and directed Five-Year Plans
Down
- 1. shift of an economy, or part of an economy, from private ownership to government ownership
- 2. comprehensive, centralized economic plan used by the Soviet Union and China to coordinate development of agriculture and industry
- 4. market in which goods and services are sold illegally
- 5. independently owned group of Japanese firms joined and governed by an external board of directors in order to regulate competition
- 7. national policy of avoiding international alliances and economic interactions
- 11. conversion of state-owned factories and other property to private ownership