Economic ideologies, economics homework help
1) of the following was created from influences of the EU?
cartel
World Bank
ASEAN
OPEC
2)
__________ is an economic system in which private citizens own and use factors of production to generate profit.
Cartel
Privatization
Collectivization
Capitalism
3)
_________ economic, political, and social union established in 1993 by the Maastricht Treaty as the successor of the European Community.
European Union
IMF
World Bank
Free trade area
4)
To generate profit, some state owned factories can converge to private owned.
True
False
5)
The facilitators of the Five-Year Plan were _________.
cartels
Gosplan
AESN
EU