Use the following vocabulary words to complete the K.I.M. chart. Please see attached example below. Assignment is due Wednesday!

Key Economic Terms

K.I.M. Example

• Market Economy
• Traditional Economy
• Command Economy
• Entrepreneur
• Invest/Investment
• Human Capital
• Gross Domestic Product (GDP)
• Tariff
• Quota
• Embargo
• Profit
• Capital Goods/Resources