Vocabulary

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Across
  1. 4. Group A group with a belief system in a god or gods with a specific set of rituals or literature.
  2. 8. The monetary payment received for that goods, service or from other sources, as rents or investments.
  3. 9. the destruction of trees and other vegetation.
  4. 10. The products that a country makes best and are in high demand in the international market.
  5. 15. The way of life of a group of people (customs, religion, etc).
  6. 16. A way of limiting the amount of foreign goods from another country.
  7. 17. Rate The amount of people in a country who have the ability to read or write.
  8. 23. of Living Measure of the quality of life within a country; education,wealth, health care etc.
  9. 25. A fundamental set of beliefs.
  10. 26. (distribution) The people living within a a given country.
  11. 27. (pure command) An economy in where the government planning team makes the decisions for the workers.
  12. 29. The money you've not spent after buying what you want.
  13. 30. Capital the knowledge that allows a person to make a living by producing goods or services.
  14. 31. An economy that has characteristics of both a market and command economy.
Down
  1. 1. The state of the atmosphere at a location over a long period of time.
  2. 2. Farming practices in dry areas used to bring water to crops.
  3. 3. Something that is used as a medium of exchange; money.
  4. 5. The ability to borrow money.
  5. 6. Barrier Anything that prevents or slows down one country from exchanging goods with another.
  6. 7. Group People who share common history, culture etc.
  7. 9. The process of the land becoming a dessert due to drought and/or deforestation.
  8. 11. Creative and original thinkers who are willing to take risks to create new businesses or products.
  9. 12. To put money to use in something offering potential returns, as interest, income, or appreciation in value.
  10. 13. A type of economy in where most economic decisions are made based o custom, tradition, and the way they were done in the past.
  11. 14. Resources Something that is in or supplied by the environment and is consumed or used by people.
  12. 18. A form of wealth used to make more wealth. The factories, machines, or technology that people use to make products for sale.
  13. 19. A trade barrier that a country places that states they will no longer trade with a specific country in the hopes of damaging or isolating that country's economy.
  14. 20. A tax on foreign goods.
  15. 21. A chart that is used to plot where a country is in relation to pure market and pure command economies.
  16. 22. The value of all goods and services produced in a country in a year.
  17. 24. To pay money out.
  18. 26. When the natural environment is changed or altered due to human activity.
  19. 28. (pure market) An economy in where individuals make the economic decisions and decide what, how, and for whom to produce.