Chp 2 Lesson 3 Vocab

3. the independent sometimes illegal labor union established in 1930
5. the reconstruction of the soviet economy under the restructuring plant managers
6. a comprehensive centralized economic plan designed to achieve rapid industrialization
7. a policy of remaining apart from affairs between other countries
9. the conversion of state owned factories and other property to private ownership must be accomplished
12. the forced common ownership of all agricultural industrial enterprises
13. methods of production that use large amounts of capital for every person employed
14. the attempt to revolutionize industrial and agricultural production almost overnight
15. the association of European nations created in 1993
16. place to buy and sell illegal goods
17. a tightly knit group of firms governed by external board of directors

1. Number of people per square miles in the world
2. business ventures involving risk
4. in some countries is still lower than those in other capitalist countries
8. were certificates that could be used to purchase government owned property
10. conversion of private property to government owned property
11. central authority that devised the plans and directed overall economic activity