Economic ideologies, economics homework help

1)  of the following was created from influences of the EU?

cartel

World Bank

ASEAN

OPEC

2) 

__________ is an economic system in which private citizens own and use factors of production to generate profit.

Cartel

Privatization

Collectivization

Capitalism

3) 

_________ economic, political, and social union established in 1993 by the Maastricht Treaty as the successor of the European Community.

European Union

IMF

World Bank

Free trade area

4) 

To generate profit, some state owned factories can converge to private owned.

True

False

5) 

The facilitators of the Five-Year Plan were _________.

cartels

Gosplan

AESN

EU

 

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