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Historical Data > world econimics > Flashcards

world econimics Flashcards

1
Q

mixed economy

A

Some private and government ownership of businesses

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2
Q

scaricity

A

in short supply

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3
Q

market economy

A

Free enterprise/capitalism/laws of supply & demand

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4
Q

facorable balance of trade

A

Across boarder trading of money and goods

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5
Q

independance

A

Economies that are impacted by economic decisions of other nations

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Historical Data (15 decks)

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