Economics Vocabulary Quiz
Ability to trade with anyone
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Anything that stops trade
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Anything used to make money
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Can be replaced
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Comes from the earth
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Determines what, how, and for whom something is produced
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Limited number
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Once used, gone forever
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Ones that have education and industry
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Ones working on education and industry
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Products brought into a country
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Products shipped out of a country
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Profit a country makes over a given time period, usually one year
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Restrict trade with another country
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Someone who takes the risk of starting a business
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Tax on imported goods
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
Value placed on one's education or skill
Economic Systems
Trade Barrier
Non-renewable Resources
Embargo
Developing Countries
Human Capital
Entrepreneur
Renewable resources
Developed Countries
Imports
Exports
Gross Domestic Product (GDP)
Quota
Capital
Tariff
Free Trade
Natural resources
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