Across
- 5. certificates that could be used to purchase government-owned property during privatization
- 6. requiring large amounts of capital in relation to labor
- 8. independent polish labor union founded in 1980 by leach walesa
- 13. independently owned group of japanese firms joined and governed by an external board of directors in order to regulate competition
- 14. fundamental restructuring of the soviet economy; policy introduced by gorbachev
- 15. entering into an activity
- 16. conversion of state-owned factories and other property to private ownership
- 17. shift of an economy, or part of an economy, from private ownership to government ownership
Down
- 1. china's second Five-Year plan, begun in 1958, which forced collectivization of agriculture and rapid industrialization
- 2. national policy of avoiding international alliances and economic interactions
- 3. central planning authority in the former soviet union that devised and directed Five-Year Plans
- 4. gross domestic product on a per person basis; can be expressed in current or constant dollars
- 7. market in which goods and services are sold illegally
- 9. established 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
- 10. comprehensive, centralized economic plan used by the soviet union and china to coordinate development of agriculture and industry
- 11. number of people per squrare mile of land area
- 12. forced common ownership of factors of production; used in the former soviet union in agriculture and manufacturing