| A | B |
|---|
| Resources are owned and controlled by the people of the country | Market Economy |
| The government decides what and how goods are produced | Command Economy |
| Workers often use hand tools and readily available natural resources | traditional economy |
| As countries become more developed, they often adopt this economic system. | Mixed economy |
| Gross Domestic Product (GDP) | The most widely used measured of national output. |
| Unemployment Rate | The percentage of people in the labor force who are willing to work, are looking for work, but are unable to find work. |
| Consumer Price Index (CPI) | Compare the prices of a group of selected items each year to some earlier year. |
| Retail Sales | Monthly measure of the sales of durable and non-durable goods bought by consumers |
| Social Progress Index | the extent to which countries provide for the social and environmental needs of their citizens. |
