Unit II: Economic Systems
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www.mrdaltonsclass.com Name:______Date:______/42pts Unit II: Economic Systems
Directions: Define the following vocabulary words IN YOUR OWN WORDS, as you work through the unit. Make sure you use the word in a sentence that demonstrates mastery of the word. You CANNOT copy the sentence from the online program. Underline the word where you have used it in the sentence.
Definition:
Economic Use in a sentence: System
Definition:
Patriotism Use in a sentence:
Definition:
Safety Net Use in a sentence:
Definition:
Standard of Use in a sentence: Living Definition:
Traditional Use in a sentence: Economy
Definition:
Market Economy Use in a sentence:
Definition:
Centrally Use in a sentence: planned economy
Definition:
Command Use in a sentence: Economy
Definition:
Mixed Economy Use in a sentence: Definition:
Market Use in a sentence:
Definition:
Profit Use in a sentence:
Definition:
Self-interest Use in a sentence:
Definition:
Incentive Use in a sentence:
Definition:
Competition Use in a sentence: Definition:
Socialism Use in a sentence:
Definition:
Communism Use in a sentence:
Definition:
Heavy Industry Use in a sentence:
Definition:
Laissez-faire Use in a sentence:
Definition:
Private Property Use in a sentence: Definition:
Free Enterprise Use in a sentence:
Definition:
Privatize Use in a sentence: