Economics Student Choice

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Across
  1. 5. When different businesses compete for consumers' money
  2. 7. The founder of a business
  3. 8. The things that people sell
  4. 11. People or businesses offering goods for sale
  5. 12. The way people earn and spend money
  6. 14. Scottish economist who came up with the idea of capitalism.
  7. 15. An economic system where property and businesses are owned by the government
Down
  1. 1. The person who makes the goods
  2. 2. Thee government's right to take private property for public use as long as they pay a fair price to the owner
  3. 3. The right to make decisions for an individual's business or property
  4. 4. A person who buys goods or services
  5. 5. The name of Adam Smith's idea of a free market economy
  6. 6. What consumers are willing to buy at a given price
  7. 9. The government's job is to protect property rights (abbv.)
  8. 10. An activity that someone is paid to perform
  9. 13. The amount the seller has to sell at a particular price