Economics

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Across
  1. 4. how many basic economic questions are asked when a nation is choosing its economic system.
  2. 6. Early economist, believed the free market system was the best way to organize the economy. Released The Wealth of Nations, in 1776 arguing for economic freedom.
  3. 7. economy system which combines free market economy competition with the regulation of a command economy.
  4. 8. economy system where government officials make the decisions, property and resources are owned by the state.
  5. 10. distributes resources
  6. 11. administer free trade agreements by handling various disputes
Down
  1. 1. ,economy system Individuals make all the decisions, with minimal government interference.
  2. 2. how a society or government organizes
  3. 3. economy system based on customs and historical precedent
  4. 5. Supported equality and a strong central government. Thought capitalist systems promoted inequality and divided society into two classes: proletariat and bourgeoisie.
  5. 9. created a free trade zone in Canada, Mexico, and the United States