Unit 6 SWA Economics and Environment
Terms in this set (22)
the act of distributing or spreading or apportioning
supply with water, as with channels or ditches or streams
Government run economy
Economy based on supply and demand
What to produce? How to produce? For whom to produce?
Blending of two economies
Economy with little technology, based on family and cultural traditions.
Economic Line that shows the level of economic freedom a country has.
engage in the trade of a product
The act of producing a specific good faster and for less cost.
from or between other countries
Trade with other countries
The people who work in an economy or the skills, training, or education they have.
The tools used to produce a product
GDP (Gross Domestic Product)
The total value of capital goods and human capital in a country.
Tax on goods
Limit on imports
Ban on goods
Gifts from the earth
Most polluted rivers in SEA Asia?
Yangtze and Ganges Rivers