Chapter 2 Economics
Across
- 1. one role of our gov. in the economy- inform ________
- 4. economy in which the government makes economic decisions
- 7. goods and services that are open to everyone
- 8. one role of our gov. in our economy protect the _______
- 9. (2) Adam Smith hands off
- 11. our purchases tell companies what to ______
- 15. bringing buyers and sellers together
- 16. (2) method a society uses to produce and distribute goods and services
- 17. Measure of all the value of all goods and services produced in a nation
- 18. (3) basic economic question
- 19. economy that is based on past practices
- 20. marketplace struggle between producers and consumers
Down
- 2. people or businesses focus on a small number of products or services
- 3. (3) basic economic question
- 5. Economic System where the market place answers the three basic economic questions
- 6. make products for sale
- 10. (4)basic economic question
- 12. used to increase productivity
- 13. (2) government's ability to take private property for public use
- 14. of our gov. in the economy- _____ safety