Social 30-1 Economics

3. - everyone in society had to pay the same rate
5. - A wall that separated people in Germany one side held by the USA and the other by Russia
7. - When the supply of money is too high for a society
12. Being drafted into fighting a war
13. Merchants in the early stages of capitalism.
16. Fighting a war in which both sides will be destroyed
21. - Its founding father was Adam Smith RobberBaron - Rockefeller was often accused of having this title
22. JFK ordered a blockade against this country due to ties with the soviets
24. created a monopoly with the oil business in America

1. - Raises taxes and lower spedoningNATO- A treaty to fight off communist intervention
2. - This person created the idea of the Invisible hand
4. - A time when kids worked
6. A division of Europe under USSR control
8. book took many years to write. Written by Marx’s
9. States where a higher country put military down to get closer to the enemy
10. - Milton Friedman agreed with this individual's viewpoints on economics.
11. An idea that was experimented with in USSR and Cuba
14. supply of money is too low
15. Form of control in which a king was appointed
17. A revolution that the soviets destroyed with military power
18. A failed attempt to overthrow government in Cuba
19. - helped to stimulate the USA economy
20. - when a person doesn’t have
23. Labour unions form because of this