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7th grade economic terms

The following terms have ben pulled from the 7th grade Social Studies Georgia Performance Standards.
6 words 16 learners

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Full list of words from this list:

  1. communist economy
    the managed economy of a communist state
  2. embargo
    a government order imposing a trade barrier
  3. market economy
    an economy that relies on market forces to determine prices
  4. quota
    a prescribed number
  5. standard of living
    the level of material goods and services available
  6. tariff
    a government tax on imports or exports
Created on Sun May 29 07:34:48 EDT 2011

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