Economics Vocab
Across
- 3. When different businesses consumers for consumers
- 4. The name of Adam Smiths idea of a free market economy
- 6. The money received in payment for goods and services
- 10. The way people earn money
- 12. A person who makes goods
- 13. ______ are things that are sold
- 14. _____ are people who sell goods or services
Down
- 1. ______ is the economic system where the government controls everything
- 2. _______ is to protect property rights
- 5. ______ was the father of modern economics
- 7. A person who purchases goods or services
- 8. When consumers are willing to buy at a certain price
- 9. Individuals own businesses and property
- 11. The right to make decisions for an individuals business or property