Social Studies Vocabulary 3

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Learned behavior of people, including their languages, belief systems, social structures, institutions, and material goods.

Production and exchange of goods and services that relies on local culture, local resources, and inheritance.

Religion based on the holy book of the Torah and the teaching surrounding it.

System where production, investment, prices and income are determined by the government.

System where the distribution of goods and services, as well as prices, are largely determined by supply and demand.

Religion based on the teachings of Jesus of Nazareth.

Most economic systems are considered _________ economies.

The separation of tasks within an economic system.