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____________________________________ are “real resources” needed to produce goods.
factors of production
capitalism
command
capital goods
traditional
labor
trade barriers
tariff
_____________________________ include factories and machines.
factors of production
capitalism
command
capital goods
traditional
labor
trade barriers
tariff
An economic system that is based on customs and cultural history is _______________________.
factors of production
capitalism
command
capital goods
traditional
labor
trade barriers
tariff
______________________ is the time, effort and talent that go into production.
factors of production
capitalism
command
capital goods
traditional
labor
trade barriers
tariff
The market system that is based on private ownership and individual decisions is also called ______________________________.
factors of production
capitalism
command
capital goods
traditional
labor
trade barriers
tariff
______________________________ limits free trade between countries.
factors of production
capitalism
command
capital goods
traditional
labor
trade barriers
tariff
A ______________________ is charged on goods or services brought in from another country.
factors of production
capitalism
command
capital goods
traditional
labor
trade barriers
tariff
The government controls the economic system in a __________________________ economy.
factors of production
capitalism
command
capital goods
traditional
labor
trade barriers
tariff
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