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When borrowers pay a price for borrowing funds, this is called _________________________.

In a traditional economic system _____________________________.

Attempting to make one’s economy entirely self reliant is called ___________________________________.

_________________ was one outcome of some of the more appalling tendencies of the industrial revolution.

According to the stages of development from the course, which of the following is true?

______________________ societies are characterized by limited specialized skills and limited production of goods.

If your parents own their own business, they are ______________________.

When business is conducted based on the laws of supply and demand rather than governmental regulations, this is called ______________________________.

A potential negative consequence of the industrial revolution is ___________________________.

Stage 4 of economic development is _______________.