Econ Vocab

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Across
  1. 5. Small-scale production in a home-based setting
  2. 7. Collective ownership and central planning system
  3. 9. Private ownership and free markets prevail
  4. 10. Government controls production and distribution methods
  5. 11. The availability and desire for a product
  6. 12. Large-scale farming for profit
Down
  1. 1. Exchange determined by supply and demand
  2. 2. The study of resource allocation
  3. 3. Production and exchange based on customs
  4. 4. Farming for personal consumption, not commerce
  5. 6. Combination of private and public ownership
  6. 8. Manufacturing for profit in large quantities