chapter 2-3
Across
- 4. established in 1993 by the Maastricht Treaty, its 28 member countries make it the largest single unified market in the world in terms of population and output
- 6. gross domestic product on a per person basis; can be expressed in current or constant dollars
- 10. certificates that could be used to purchase government-owned property during privatization
- 11. shift of an economy, or part of an economy, from private ownership to government ownership
- 13. shift of an economy, or part of an economy, from private ownership to government ownership
- 14. national policy of avoiding international alliances and economic interactions
Down
- 1. China’s second Five-Year Plan, begun in 1958, which forced collectivization of agriculture and rapid industrialization
- 2. conversion of state-owned factories and other property to private ownership
- 3. comprehensive, centralized economic plan used by the Soviet Union and China to coordinate development of agriculture and industry
- 5. forced common ownership of factors of production; used in the former Soviet Union in agriculture and manufacturing
- 7. fundamental restructuring of the Soviet economy; policy introduced by Gorbachev
- 8. central planning authority in the former Soviet Union that devised and directed Five-Year Plans
- 9. market in which goods and services are sold illegall
- 12. entering into an activity