Unit 3 Environmental and Economic Concerns in Europe Part 1
Define Mixed Economy
is an economy that has more than on characteristics of more than one economy
What is the common currency European Union?
List some negative effects of acid rain
- it kills animals and plants
- it poisons food and crops
- erodes or weathers statues and buildings
Which country in Europe has the least freedom with their economy? Why?
Russia, because the government owns more stuff
What solution was successful in reducing air pollution in the U.K.?
they monitor the air quality
How does nature play a role ion Germany's acid rain problem?
it is helping by the air currents that are carrying the toxic smoke
Why is changing currencies a problem?
because the bank charges fees
What is the name of Russia's currency?
Why would a country not want to import natural resources?
because of tariffs
What is the most common economic system found in Europe?
What is a result of the Soviet Union not investing in capital improvements?
highways and buildings are in need for repairs and the workers are not as productive as today
Who decides which goods will be produced in the U.K.?
private citizens and corporations
What is the least common economy in Europe?
Define physical capital and give an example:
is the factories, machines, technologies, buildings, and property needed by a business to operate
Which European country still owns most of the large industries inside its borders?