Economic Cycle

2. Economy the means of production are owned by society itself and are utilized in a planned fashion
3. something required to live with
6. activity of competing
9. Economy an economic system where two forces, known as supply and demand, direct the production of goods and services.
11. the act of doing something for somebody.
14. something that is required
18. a benefit of money made
19. Enterprise business or industry that is managed by independent companies or private individuals rather than by the state.
20. an insistent and peremptory request, made as if by right.

1. scarcity of resources
4. an economic and political system where trade and industry are controlled by private owners for profit
5. merchandise or possessions
7. the desire for financial gain as an incentive in economic activity.
8. Economy Traditional economies are those in which customs and traditions are more important than money.
10. an open space where a market is or was formerly held in a town.
12. System system of production and distribution.
13. a desire to possess something
15. an organization providing a product or service
16. Property the ownership of property by private parties
17. providing something to someone