Natural resources
Essential materials.
Hdi
a simple measure of a country’s overall progress looking beyond just money to rank nation’s on health education and standards of living
tariffs
a tax on sales on goods that are sent to other countries.
economic system
a society that distribute goods and services>
renewable resources
Natural resources and energy sources.
traditional economy
a system based on customs history and beliefs where economic decisions are passed down through generations.
gdp
the total monetary or market value of all finished goods and services procedure within a country’s borders in a specific time period.
Entrepreneurship
the process of creating launching and running a new business or venture often invovling innovation identifying opportunities
Hei
the healthy it measures the quality of diets in the U.S. population.
Quota
a fixed limited share amount or number of something likes goods or peoples,tasks
Market Economy
a economic system where it is suppl and demand isted of government gontroll
Export
send goods to a another country for sale.
Inport
bring goods into a country.
Mixed economy
Bleds elements of capitalism private enterpise free markets with socialism
developing country
is a country that is not fully developed and doesn’t have a lot of jobs,schools,restaurants.
developed country
has a high hdi and is very well developed and has lots of schools and jobs.
