Ch 2-3 Vocab: Create a Quiz

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Across
  1. 4. large amounts of capital in relation to labor.
  2. 6. shift of an economy, or part of an economy, from private ownership to government ownership
  3. 8. 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
  4. 12. conversion of state-owned factories and other property to private ownership
  5. 13. certificates that could be used to purchase government-owned property during privatization
  6. 14. of people per square mile of land area
  7. 16. of factors of production; used in the former Soviet Union in agriculture and manufacturing
  8. 18. restructuring of the Soviet economy; policy introduced by Gorbachev
Down
  1. 1. owned group of Japanese firms joined and governed by an external board of directors in order to regulate competition
  2. 2. second Five-Year Plan, begun in 1958, which forced collectivization of agriculture and rapid industrialization
  3. 3. planning authority in the former Soviet Union that devised and directed Five-Year Plans
  4. 5. Polish labor union founded in 1980 by Lech Walesa
  5. 7. entering into an activity
  6. 9. policy of avoiding international alliances and economic interactions
  7. 10. domestic product on a per person basis; can be expressed in current or constant dollars
  8. 11. centralized economic plan used by the Soviet Union and China to coordinate development of agriculture and industry
  9. 15. density
  10. 17. in which goods and services are sold illegally