Economics

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Across
  1. 4. Smith: He believed that the free market system was the best way to organize the economy
  2. 5. A general increase in prices and fall in the purchasing value of money
  3. 9. Economy: Traditional economy is an original economic system in which traditions, customs, and beliefs help shape the goods and the services
  4. 10. Rate: The measure of the prevalence of unemployment
Down
  1. 1. Economy: an economy in which production, investment, prices, and incomes are determined centrally by a government.
  2. 2. Marx: He provided the ideology behind many command
  3. 3. The North American Free Trade Agreement is an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.
  4. 6. Trade: International trade is the exchange of capital, goods, and services across international borders or territories
  5. 7. Rate: The percentage of the labor force that is employed
  6. 8. market economy: an idealized system in which the prices for goods and services are determined by the open market and consumers