Latin America Economics Vocabulary Quiz

Random History or latin Quiz

Can you name the Latin America Economics Vocabulary Terms?

Quiz not verified by Sporcle

 plays        
How to Play
DefinitionVocabulary Term
Resources such a factories, machinery, and tools that people use to make other goods
An economic system with a combination of tradition, command, and market economies
The total value of the goods and services that a country produces each year
The knowledge and skills that allowed workers to produce goods and services and earn an income
The government decides how many of which goods are produced and sets the prices
A limit on the amount of a product that may be imported during a given period of time
Social roles and culture determine how goods and services are produced, what prices and individual incomes are, and which consumers are allowed to buy certain goods
A type of trade barrier in which a government places restrictions on the import or export of certain goods. Often backed by military force
A fee imposed by a government on imported or exported goods
Treaty between the US, Canada, and Mexico that reduced trade barriers between the three countries
An economy that allows business owners to complete in the market with little government interference
The rare mixture of the qualities needed to create and run new businesses

Friend Scores


  Player Best Score Plays Last Played
You You haven't played this game yet.

You Might Also Like...

Extras