Economics and World Trade
Across
- 1. this factor is a reason why people would LEAVE an area, including war and lack of job opportunities
- 7. the United States is a good example of this type of economy
- 8. the dependence of people or things on each other
- 9. different sellers are free to set pricing, making this between them
- 10. the result of trade and technology making the world more connected and interdependent
- 12. since government planners are not able to respond efficiently to the wants of consumers, this and shortages are common
- 14. a choice due to scarcity: WHO will ______ the goods and services
- 15. a choice due to scarcity: WHAT goods and services will be ______
- 16. this factor is a reason people move TO a city
Down
- 2. the idea that resources are limited and human wants are unlimited
- 3. when one company controls an industry or is the only product of a good/service
- 4. this type of resource is a natural, environmental item that people perceive to be useful
- 5. in this type of economy, the three economic questions are answered by the government
- 6. regulations were set to protect this and the welfare of consumers
- 7. taking resources from the environment
- 9. this type of resource is the equipment or goods used to produce goods and services
- 11. human resources, including their abilities, talents, training, skills used to produce goods or services
- 13. a person who builds businesses that make money