Economies and Government Vocabulary
Across
- 2. the value of all goods and services produced within a country in a given year
- 3. a tax placed on imported goods
- 7. someone willing to take risks to start a new business
- 12. man-made materials (factories, machines, technology) that people need to perform their jobs
- 13. resources found in our natural environment that can be consumed
- 15. an economic system in which economic decisions are made based on supply and demand
- 18. the percentage of a country's adults who can read and write
- 20. a body with the authority to make laws, enforce those laws, and interpret the laws when disagreements arise
- 21. a democratic form of government in which the citizens vote for members of the legislative branch, this branch then selects a head of state
- 23. the GDP of a country divided by the country's population
- 24. how much one country's currency is worth when compared to another
- 25. the knowledge and skills that make it possible for workers to earn a living producing goods or services
Down
- 1. the leader of the government
- 4. an economic system based on customs and traditions
- 5. a good or service brought in one country that was produced in another
- 6. a political system in which people play a much greater role in deciding who the rulers are and what decisions are made
- 8. goods and services that are produced in one country and sold to buyers in another country
- 9. a figurehead of a government, represents the country
- 10. the level of wealth and material comfort available in a country
- 11. a combination of market and command economies
- 14. a limit on the quantity of an item brought into a country
- 16. a number line categorizing a country's economy based on the percentage of government control
- 17. a democratic form of government in which the citizens vote for both the executing and legislative branches of government
- 19. a ban on trade with a specific nation or group of nations
- 22. a form of government where unlimited power is held by a single person or group