Chapter 2, Lesson 3

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Across
  1. 2. - shift of an economy, or part of an economy, from private ownership to government ownership
  2. 3. - independently owned group of japanese firms joined and governed by an external board of directors in order to regulate competition
  3. 6. - certificates that could be used to purchase government owner property during privatization
  4. 8. - forced common ownership of factors of production; used in the former soviet union in agriculture and manufacturing
  5. 10. - fundamental restructuring of the soviet economy; policy introduced by gorbachev
  6. 16. - reqiuring large amount of capital in relation to labor
  7. 17. - entering into an activity
Down
  1. 1. - comprehensive, centralized economic plan used by the soviet union and china to coordinate development of agriculture and industry
  2. 4. - national policy of avoiding international alliances and economic interactions
  3. 5. - chinas second five year plan, began in 1958, which forced collectivization of agriculture and rapid industrialization
  4. 7. - number of people per square mile of land area
  5. 9. - conversion of state owned factories and other property to private ownership
  6. 11. - (EU) established in 1933 by the maastricht treaty, its 28 member countries make it the largest single unified market in the world in terms of population and output
  7. 12. - market in which goods and services are sold illegally
  8. 13. - independent polish labor union founded in 1980 by lech walesa
  9. 14. - central planning authority in the former soviet union that devised and directed five year plan
  10. 15. - gross domestic product on a per person basis; can be expressed in current or constant dollar