Economics

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Across
  1. 1. The economic system in which most businesses are owned and operated by individuals
  2. 3. industries that provide essential services, such as utilities, banking, and health care
  3. 4. the study of the production, distribution, and consumption of goods and services.
  4. 9. the transfer of a business, industry, or service from public to private ownership and control.
  5. 10. relies on both markets and the government to allocate resources
Down
  1. 2. System by which a society (households, businesses, and government) makes decisions about allocating resources to produce products and about distributing those products.
  2. 5. also The economic system in which most businesses are owned and operated by individuals
  3. 6. a business uses resources to produce things
  4. 7. one in which the government owns all or most enterprises
  5. 8. the inputs used to produce outputs.