Economics
Across
- 2. send (goods or services) to another country for sale
- 6. production, investment, prices, and incomes are determined centrally by a government
- 8. production and prices are determined by unrestricted competition between privately owned businesses
- 10. an advantage or profit gained from something
- 12. a tax or duty to be paid on a particular class of imports or exports
- 13. the rate at which a good or service is consumed
- 14. a fixed regular payment made by an employer to an employee
- 17. the exports of a country exceed its imports
- 20. the total value of goods produced and services provided in a country during one year
- 21. the means of production, distribution, and exchange should be owned or regulated by the community as a whole
- 23. traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rules and manner of their distribution
- 24. the science that deals with the production, distribution, and consumption of goods and services
Down
- 1. interaction between businesses or people, in which success and failure depend on gaining a share of a limited resources
- 3. Balance of Trade
- 4. Not having enough of a resource
- 5. a society in which all property is publicly owned and each person works and is paid according to their abilities and needs
- 7. the amount of money expected, required, or given in payment for something
- 9. an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state
- 11. the regulations and agreements that control imports and exports to foreign countries
- 15. the amount of the good or service that is available
- 16. bring (goods or services) into a country from abroad for sale
- 18. Restrictions on trade that occur naturally or by government influence
- 19. Combines private and public enterprise
- 22. the effort, loss, or sacrifice necessary to achieve or obtain something