Chpt 2 - Lesson 3 Vocab
Across
- 2. - national policy of avoiding international alliances and economic interactions
- 5. - forced common ownership of factors of production; used in the former soviet union in agriculture and manufacturing
- 8. - certificates that could be used to purchase government-owned property during privatization
- 10. - 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
- 12. - gross domestic product on a per person basis; can be experressed in current or constant dollars
- 13. - requiring large amounts of capital in relation to labor
- 14. independently owned group of japanese firms joined and governed by an external board of directors in order to regulate competition
- 15. - independent polish labor union founded in 1980 by Lech Walesa
- 16. - china's second five-year plan, begun in 1958, which forced collectivization of agriculture and rapid industrialization
- 17. - central planning authority in the former soviet union that devised and directed five-year plan
Down
- 1. - conversion of state-owned factories and other property to private ownership
- 3. - market in which goods and services are sold illegally
- 4. - number of people per square mile of land area
- 6. - comprehensive, centralized economic plan used by the soviet union and china to coordinate development of agriculture and industry
- 7. - fundamental restructuring of the soviet economy; policy introduced by gorbachev
- 9. - entering into an activty
- 11. - shift of an economy, or part of an economy, from private ownership to government ownership