chapter 2

5. economic system which government owns some factors of
6. Economy, economic system characterized by a central authority that makes most of the major
7. and other economic activive
11. second Five-Year Plan, begun in 1958, which forced collectivization of agriculture and rapid industrialization
12. production process requiring large amounts of capital in relation to labor
13. and needs of its people
14. Economies, economic system that has some combination of traditional
17. economic and political system in which factors of production are collectively owned and directed by the state
19. central planning authority in the former Soviet Union that devised and directed Five-Year Plans
21. that could be used to purchase government-owned property during privatization
22. Market Economy, economic system in which supply,
23. economic and political system in which factors of production are collectively owned and directed by the state
24. independent Polish labor union founded in 1980 by Lech Walesa
25. decisions

1. organized way a society provides for the
2. Economy, economic system in which the allocation scarceare
3. Plan,comprehensive, centralized economic plan used by the Soviet Union and China to coordinate development of agriculture and industry
4. Density,number of people per square mile of land area
8. shift of an economy, or part of an economy, from private ownership to government ownership
9. of state-owned factories and other property to private ownership
10. fundamental restricting of the Soviet economy; policy introduced by Gorbachev
12. economic system in which private citizens
15. orced common ownership of factors of production; used in the former Soviet Union in agriculture and manufacturing
16. Depression,worst period of economic decline in U.S. history, lasting from approximately 1929 to 1939
18. Market,market in which goods and services are sold illegally
20. per Capita, gross domestic product on a per person basis: can be expressed in current or constant dollars