Chapter 6 Review
Across
- 4. : A person who purchases goods or services
- 8. : Materials, labour, and capital used to produce goods and services
- 9. : Human effort used in producing goods and services
- 15. : The use of money to earn future income or profit
- 16. : A person who starts and operates a business
- 17. : An economic system based on private ownership and profit
- 18. : The collection of money by government to fund programs and services
- 19. : The exchange of goods and services
- 21. : The part of the economy controlled by government
- 22. : An economic system combining private enterprise and government involvement
- 23. : Money earned after expenses are paid
- 24. : The study of how people use resources to meet their needs and wants
- 26. : A business owned by the government
- 27. : Rivalry among businesses to attract customers
- 28. : Government rules that influence economic activity
- 29. : The system used to produce, distribute, and consume goods and services
Down
- 1. : Overall well-being based on social, economic, and environmental factors
- 2. : Physical items that satisfy wants and needs
- 3. : The growing interconnectedness of economies around the world
- 5. : The part of the economy owned and operated by individuals and businesses
- 6. : A person or business that makes goods or provides services
- 7. : Actions or work performed for others
- 10. : The condition of having limited resources to meet unlimited wants
- 11. : Government financial assistance to support a business or industry
- 12. : The amount of a good or service available for sale
- 13. : An economic system based on private ownership and competition
- 14. : An economic system in which government makes major economic decisions
- 20. : The desire and ability of consumers to purchase a product
- 23. : The amount of output produced from a given amount of resources
- 25. : The level of wealth, comfort, and material goods available to people