Economics & Politics Crosswords

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Across
  1. 1. (two words) A business organization that is mainly owned by the government and operated by public authority. Some Canadian examples include Air Canada, the Canadian Broadcasting Corporation, and the Canadian National Railways.
  2. 5. (two words) This term refers to the balance of power in which one political party earns more seats in parliament than all other parties. Opposite of a minority government.
  3. 6. (two words) Used primarily in central banks, this term describes the management of a country's economy. With this in effect, central banks are permitted and able to alter the amount of currency and credit currently in circulation. The main purpose is to keep inflation, growth, and employment levels on a prosperous track.
  4. 10. (two words) The act of imposing a higher expense upon citizens receiving a larger income. Canada is a believer in this system.
  5. 11. (three words) This term involves many various welfare programs which are in place to assist vulnerable families and individuals undergoing poverty.
  6. 13. (two words) Refers to a political system in which economy and means of production are controlled by society, alongside a government which revolves around the practice of democracy.
  7. 19. (two words) A ___ ___ can occur in any area when affordable shelter is scarce, displacing many families due to the resulting homelessness.
  8. 22. A popular political system in which the government rules for the people. Involves the rule or majority and places civic responsibility upon society in terms of elections for representatives.
  9. 27. (Three words) A system involving little to zero government control that thrives based on the system described in clue 7.
  10. 31. A temporary duration of time in which measurable economic decline takes place resulting in reduced levels of industrial activity and trade.
  11. 32. (Two words) This motivating factor of capitalism was first developed by Adam Smith. This selfish motivation will promote a better society as others will work harder. For example, when the common person notices that the Rich spend money on luxurious yachts, cars, and homes it motivates the common person to work harder to achieve a better lifestyle.
  12. 33. (three words) The goods and services produced paired with the request from the population to receive them. This concept is instrumental in determining the worth and price of goods and services.
  13. 35. Any political or economic theories that prioritize the collective group over the individual. Advocates for public or government control of the production and distribution of goods. People who identify themselves as _____ often believe that societal prosperity is commonly achieved through cooperative efforts of all citizens.
  14. 36. The state of being without the exchange of labour/assistance for financial compensation. “8.1% of canadians struggle due to __________”
  15. 37. A system of government where a single dictator (who most often rules forcefully) typically utilizes violence to suppress opposition, controls all industry, and promotes nationalism and often discrimination against certain specific groups of people.
  16. 39. A state in which someone is in when they do not possess the minimum resources to live a stable and standard lifestyle. “689 Million people are currently living in _______”
  17. 41. (two words) A method used in some countries in which all eligible voters are required by law to cast a ballad in an election.
  18. 42. (two words) A system of government where power is distributed among a central authority and constituent political units.
  19. 43. Originally an idea formed by Karl Marx, this system is one in which class systems are demolished and all property becomes publicly owned. Each working member of society is paid based on work ethic, abilities, and needs.
  20. 44. (two words) An aspect of democracy where people vote for a specific potential government member who will then be in charge of voting on policy initiatives and changes.
  21. 45. In all cases, ____ is something owed to another. Similar to a borrowing system in which you have an obligation to return whatever you had borrowed. This comes in many forms and there are many scenarios where ____ causes financial distress.
  22. 46. (two words) Active participation in a public community in an informed, critical, and constructive manner. Example: Voting in an election.
  23. 47. An opinion or stance that is disapproving towards a policy or idea that is inforced by the government. Some examples of this will include protests, boycotts, strikes, demonstrations, and can even lead to riots.
  24. 48. (two words) A political system where a monarch shares power over a country with a government system. Example: Canada is a _____ ____.
Down
  1. 2. (Four words) The process of repetitive economic expansion and contraction. Associated closely with capitalism, _____________ vary in lengths and levels of severity.
  2. 3. A political philosophy that encourages social reform in the community. Based on the idea of progress and prosperity. An example would be Women's Suffrage or any movement in which the intentions are to better society.
  3. 4. A political stance that is further right on the spectrum, in support of traditional values and is disapproving of social change. They favor free enterprise, private ownership, as well as socially traditional ideals.
  4. 7. (two words) Various levels of dues imposed on businesses profits.
  5. 8. (Two words) Focuses on economic and civil freedoms. This system is one which values the importance of a smaller government, under the idea that society will rule themselves by natural law.
  6. 9. (two words) Businesses concerned for the interest of social groups (such as workers) and pursues the improvement of quality of life through social-security programs, state industrial codes, and other things concerning the well-being and safety of their employees.
  7. 12. (two words) An economic system in which did not conform to planned-economy or a free market economy. ____ ____ refers to the combination of public and private enterprises.
  8. 14. (two words) When a legislative assembly is formed where the main political party in power does not have the majority of overall seats in parliament.
  9. 15. (two words) Any action required by law for a citizen to perform. Example: Voting in Australia is considered a ___ ___.
  10. 16. (two words) Characterizes an electoral body of government that is reflective of the current proportions of the population.
  11. 17. (two words) An organization that organizes and coordinates candidates to compete for seats in a legislative body. Members included in said organizations are typically known to have similar beliefs, ideals, and political opinions.
  12. 18. (three words) Established in 1976 by Albertan Premiere Lougheed, the ____ ____ ___ is a long term savings fund for the use of the province of Alberta. The fund was intended to collect a portion of the revenue gained from renewable resources and is to be used to benefit future generations.
  13. 20. (two words) This former president’s economic policies included: reduce the growth of government spending, reduce federal income tax and capital gains tax, reduce government regulation, and reduce inflation by tightening the money supply.
  14. 21. (three words) A system in which seats in the legislative assembly are distributed based on population.
  15. 23. Emphasis on the group or community of people rather than on the individual. Favouring public control, especially in terms of production and distribution.
  16. 24. (two words) A Canadian federal-level political party which was originally a joke party, but has evolved into a spot on a federal election ballad where voters can protest if their choices are poorly representing their desires.
  17. 25. (two words) this is a term used to describe unrealistic— however desirable— societal conditions in which positive ideals thrive. Capitalists relinquish means of production onto society.
  18. 26. A form of government where any opposition is restricted or prohibited and takes a very high level of control over the public and private life in the nation. Example: Some people who are commonly known to have embraced this form of government are Joseph Stalin, Aldof Hitler, and Mao Zedong.
  19. 28. In accounting and economics, this term means income or increase in net assets that an organization receives due to daily operations. Used in a sentence: “my small business is finally making profit because our current ____ outweighs our expenses.
  20. 29. This economist believed in the superiority of free market economies. He was known to support innovation and creativity in order to achieve societal and economic prosperity.
  21. 30. (two words) A ruthless global economic decline. Beginning in America during the 1930s. Noted as the worst industrial economic shift in history. Caused by a dramatic crash in the stock market which wiped out millions of investors.
  22. 34. (two words) any alteration involving the vote count during an election. Example: Donald trump claimed this was a reason that he lost the 2020 election.
  23. 38. A political stance that is further left on the spectrum, in support of social welfare and progressivism. They promote civil liberties, individual rights, democracy, and equality before the law.
  24. 40. (two words) Percentage of eligible voters who followed through in officially casing a ballad in a given election.
  25. 43. A belief that voting will not make a difference in the outcome of the given election.
  26. 46. A state of conflict (most commonly known between the Soviets and America) that was not fought primarily through violence or military action, but rather through economic and political actions, propaganda, and acts of espionage.