Economics 1

4. unlawful use of violence and intimidation, especially against civilians, in the pursuit of political aims
9. economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism
11. (3 words) difference between all money flowing into the country in a particular period of time and the outflow of money to the rest of the world
13. (2 words) seeks to understand the functioning and dynamics of the markets for wage labor
14. economics concerned with single factors and the effects of individual decisions
16. business conducted or services offered by a bank
17. (2 words) balance of trade, positive situation where a country exports more goods and services than what it imports
18. general increase in prices and fall in the purchasing value of money
19. (2 words) refers to the dominant school of thought for economics in the 18th and 19th centuries

1. theory or practice of shielding a country's domestic industries from foreign competition by taxing imports
2. (2 words) economic study of urban areas; as such, it involves using the tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance relations, study of the interaction of nation-states and non-governmental organizations in fields such as politics, economics, and security
3. (2 words) amount by which the value of a country's exports exceeds the cost of its imports
5. (2 words) sub-field of economics concerned with environmental issues
6. (2 words) total value of money available in an economy at a point of time
7. economics concerned with large-scale or general economic factors, such as interest rates and national productivity
8. (2 words) study of the role of the government in the economy= public finance
10. entities, discrete, officially-delineated geographical area within a particular, independent sovereign state
12. (2 words) balance of trade, difference between the value of a country's exports and the value of its imports such that imports exceed exports
15. (2 words) spread of nuclear weapons, fissionable material, and weapons-applicable nuclear technology and information to nations not recognized as "Nuclear Weapon States"