Economics Test
Across
- 3. Someone or business who creates goods.
- 4. The study of distribution of wealth and goods and services.
- 6. During the Industrial Revolution James Hargreaves invented what?
- 7. When there is more than enough of a resource.
- 8. Long-lasting goods are known as _______ goods.
- 10. The former Soviet Union is known as present day_______.
- 15. Where did the Industrial Revolution begin?
- 16. Who wrote the Wealth of Nations?
- 17. The most measured tool for success in a capitalist economy is _____ gain.
- 19. When there is not enough of a resource.
- 20. Who wrote the Communist Manifesto?
Down
- 1. During the Industrial Revolution Thomas Newcomen invented what?
- 2. Things people must have to live.
- 3. Marxism gives it's rulers absolute______.
- 5. A person who buys and uses things.
- 9. Adam Smith developed the idea of what?
- 11. Things people have to make their lives more enjoyable.
- 12. What economic system uses bartering?
- 13. Goods that are replaced often.
- 14. The limited supply of something.
- 18. In what economic system does the government control everything?