Economic

Question 0

United nation

Answer 0

International organization whose aim is cooperation in international law

Question 1

European Union

Answer 1

Political and economic union of many European countries

Question 2

Traditional economy

Answer 2

Good are traded w/out exchanging money

Question 3

Command economy

Answer 3

Communism production is determined by a central government

Question 4

Market economy

Answer 4

Free enterprise production is determined by a demand from consumer

Question 5

Mixed economy

Answer 5

Socialism mix of command and market economies

Question 6

Primary

Answer 6

Raw materials

Ex- timber

Question 7

Secondary

Answer 7

Materials by changing their form

Ex- steel to cars and cottage industries

Question 8

Tertiary

Answer 8

Businesses or professional services

Ex- target walmart

Question 9

Quaternary

Answer 9

Provide info management education, government, research

Question 10

Gross domestic product

Answer 10

Total value of good and services produced in a year

Question 11

Per capita GDP

Answer 11

GDP divide by the total population

Question 12

Human development index

Answer 12

Measures poverty, literacy education life expectancy and other factors

Question 13

Literacy

Answer 13

Ability to read and write

Question 14

Life expectancy

Answer 14

Average of life length

Question 15

Infant molarty rate

Answer 15

Number of deaths during the first year of life peas thousands live births

Question 16

Less developed

Answer 16

Low GDP and typically and low HDI literacy income and life expectancy

Question 17

Newly development

Answer 17

Rising GDP and HDI literacy income and life expectancy

Question 18

More developed

Answer 18

High GPD and HDI literacy income and life expectancy