Economic Systems & GDP
Across
- 2. the portion of a countries population that is willing and able to work
- 4. country with the highest GDP in the world
- 6. When a country sells something to another country
- 7. Government system typically found in free-market economies
- 9. the measurable output of each worker
- 11. when companies improve their products in order to gain customers.
- 13. country with second highest GDP in the world.
- 14. economic system used by tribal communities
- 15. When a country buys goods/services from abroad
Down
- 1. system where individuals answer the basic economic questions
- 3. the rivalry between companies to get consumers to buy their products
- 4. when someone is able to work but currently does not have a job, they are this
- 5. type of government typically found in Command Economies
- 8. Economic system where both individuals and government answer the basic economic questions.
- 10. economic system where they government answers the economic decisions
- 12. Economic ___________ are a country's answer to the basic economic questions.