(R19) “Producers and Consumers have total freedom to make their own economic decisions, without ANY government interference in my country. There are no rules. Anyone can buy or sell anything at all.”

(R19) “I live in a hut that my family and I made of things we gathered from our surrounding environment. We don’t use currency, so we have to make or trade for the things we need to survive.”

(R19) “In my country, the government makes ALL the decisions about what is produced and who gets to consume what.”

(R19) “Producers and consumers have some freedom to make their own economic decisions, without much government interference in my country. The government has made certain products illegal, like heroin, for the purposes of public safety.”

(R70) Today, Australia has what type of economic system?

(R64) Income not spent

(R48/R71) A limit on the amount goods that can be imported

(R48/R71) A ban on trade with a country

(R64) Money someone receives

(R64) A fee for the use of borrowed money (usually a % of what was borrowed)

Money that is owed

(R64) A spending and saving plan to manage the use of money

(R64) The ability to borrow money

(R71) When a country focuses on producing only what it can produce most efficiently (fast cheap)

(R48/R71) A tax on imported/foreign goods

Who is the current Head of State for Australia?

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