Econ Vocab Review 2

Match it! Select the correct answer from the pull down...Good luck!

A ___________________ economy is influenced by traditional, command and market economic systems.

A _____________________ economy is based on individual choice and voluntary trade.

The exchange of goods without tariffs or quotas is ______________________________.

________________________________ are the raw materials used to make goods.

A ___________________________ is a limit on how much of a product may be imported or produced.

An ______________________________ is a person who produces goods and services.

_______________________________ is a type of command economy with one-party rule and ownership of resources and decision making power.

_________________________________ is the knowledge and skills that workers bring to their job.