Economics

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Across
  1. 5. Based on customs and historical precedent
  2. 6. Has private ownership of property and resources, competition, profit motive, and individual choice
Down
  1. 1. creating a free trade zone in Canada, Mexico, and the U.S.
  2. 2. an early economist, believed the free market was the best way to organize a economy
  3. 3. combines the competition, self-interest, and profit motive of free-market economies with the government regulations and restrictions of command economies
  4. 4. provided the ideology behind many commands economies
  5. 7. an economic system that is centrally controlled by a powerful government