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All 16 terms

TermDefinition
producerowners and workers
consumerperson who buys and uses product
capitalismeconomic system in which goverment owns farms factories and offices
developed nationsnations with more industeries and more advanced technology
devloping nationsnations with fewere industeries and technology
goverementsorginizations that set up and enforce laws
stateregion that shares a goverment
dependenciesregion that belonds to another nation
nation-statestates that are independent of other states
city-statesmall city-centered state
empiresstates containing several countries
constitutionsset of laws that define and often limit goverments power
socialismtheory or system of organizations by which major means of production are ownded, managded + controlled by goverment
barter systemexchanging one kind of goods for other goods without using money
manurfacturingmaking goods with machienes
representativeperson elected to act or speak for others

Set Information

Terms 16
Creator blondiee
Created June 11, 2009
Groups None
Subject economic systems.
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Most Missed Words

  1. dependencies region that belonds to another nation - 2 misses
  2. representative person elected to act or speak for others - 1 miss
  3. capitalism economic system in which goverment owns farms factories and offices - 1 miss
  4. empires states containing several countries - 1 miss
  5. nation-state states that are independent of other states - 1 miss
  6. city-state small city-centered state - 1 miss
  7. socialism theory or system of organizations by which major means of production are ownded, managded + controlled by goverment - 1 miss