Economic systems-word-cloud
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This document discusses different types of economic systems used in Latin America and the Caribbean including traditional, command, market and mixed economies. It touches on topics such as human capital, capital goods, natural resources, trade, currency, tariffs, quotas, embargoes, specialization, and entrepreneurship as they relate to the economic systems of the region.
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- 1. Unit 9: Economic Systems of Latin America & the Caribbean Economic Systems Mixed Economy Human Capital Capital Goods Command Economy Exchange Rate Market Economy Traditional Economy Trade Natural Resources Embargo Currency Entrepreneurship Tariff Specialization Quota Embargo Entrepreneurship Scarcity