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1. Definition: This is equipment and factories used in the production of goods and services.

Word:_________



2. Definition: the paper money and coins that make up the money supply of a nation

Word:______


3. Definition: a person who takes the risk of a new business enterprise
Word:________




4. Definition:The total value of all the goods and services produced within a country in a given year
Word:__________



5. Definition:This is when each worker performs a specific task in production.
Word:___________



6. Definition: This is a restriction to regulate international commerce.
Word:__________



7. Definition: This is a tax on imported goods and is usually designed to protect domestic production of similar goods.
Word:___________



8. Definition: This is one of the three main factors of production. It is the measure of the work done by people.
Word:____________

User Kayas
by
5.6k points

2 Answers

5 votes

The answer to #1 is Capital.

User Haseeb Javed
by
5.7k points
7 votes

1. Capital

2. Currency

3. Entrepreneur

4. Gross Domestic

5. Specialization

6. Trade Barrier

7. Tariff

8. Labor

I took the test and made a 100% Good luck!

User Trup
by
6.2k points