taking raw materials from the soil or water = farming, ranching, mining fishing, logging etc

using raw materials to manufacture items like phones, furniture or cars

services such as tour guides, education, health care, or banking for example.

Privately owned businesses create goods and services to sell. They compete with one another , driving prices down and quality up.

the government owns most parts of the economy and decides what will be produced and sold

an economic system combining private and public enterprise.

raw materials used to make goods.

workers (or workforce) are needed with education and skill to make goods or provide services like sales for example

machines, factories and supplies are needed

people who bring together all the resources. Business owners and investors.

A political/economic system in which the government owns all property and dominates all aspects of life in a country. Ex. China

The constitution allows only one political party to govern. This is the case in Communist countries Ex. China

A government controlled by one person or a small group of people. Ex. North Korea

A government controlled by religious leaders: Example, Tibet and the Dali Lama

Citizens vote for members of parliament, and the parliament selects the prime minister. Ex: India .

form of government in which the monarch's powers are limited by a constitution. Ex: Japan

A form of government in which the citizens directly elect a president

a monarchy in which the ruler's power is unlimited. ex: Sultan of Brunei

When people build civilizations for example in river deltas or along rivers between mountains

The spread of ideas, customs, and technologies from one people to another

to carry into the country for sale

to carry out of the country for sale

A measurement of the number of people per given unit of land

cruel dictatorship

A Chinese philosophy in which people live a simple life in harmony with nature.