Exlporing Economics

4. The amount of something that a consumer wants to buy.
6. An economic sustem in which a central government decides what goods will be made and who will receive them.
7. The amount of a good or service that a producer wants to sell.
8. Goods shipped out of a country
11. The act of running a business and taking on the risks of that business.
13. When an economy grows very slowly or shrinks
14. What is given up, such as time or money, to make or buy something.

1. An economic system in which a government has some control over what and how much is made. Individuals make the rest of the choices.
2. An economic system in which custom decides what people do, make, buy, or sell.
3. Money and goods used to help people make or do things.
5. Goods and services that a country buys from another country.
9. Involves international trade and making services available to all.
10. When money buys less than it previously did. This raises the cost of living.
12. The lack of a resource.