Economics Review

4. When there is a limit on the amount of a good that can be imported.
5. The materials and tools used to make an item.
8. The model that shows how money and goods flow in our economy
10. The people who are involved in creating or making a product.
13. To use something.
14. Type of economic system that has the most individual freedom and competition.
15. The study of how people choose to use resources to produce or consume goods and services to meet their wants and needs.
17. Type of economic system most countries have today.
18. The organized way a society uses to organize their economy.

1. Any environmental item that is useful.
2. The exchange of goods or services between different countries.
3. All the people, materials, etc. that are used to produce and item.
6. Type of economic system where gov. makes decisions.
7. The increased interconnections and interdependence of many different economic systems.
9. Another word for money.
11. When trade is completely stopped between two countries.
12. To make something.
16. Trade barrier that is a tax on imported goods.