Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
7 Cards in this Set
- Front
- Back
|
Free Enterprise
|
an economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation.
|
|
|
Command Economy
|
An economy that is planned and controlled by a central administration, as in the former Soviet Union.
|
|
|
Bread Basket
|
an agricultural area that provides large amounts of food, esp. grain, to other areas.
|
|
|
Trade
|
the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries
|
|
|
Service Industry
|
an industry that provides services rather than tangible objects
|
|
|
Consumer Goods
|
goods that are ready for consumption in satisfaction of human wants, as clothing or food, and are not utilized in any further production
|
|
|
Food Processing
|
is the methods and techniques used to transform raw ingredients into food for consumption by humans.
|
