WHAP Economy

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Across
  1. 1. USSR and allies.
  2. 3. Peasants worked their own land and paid taxes rather than being bound to a lord.
  3. 7. Song China innovation supporting commerce
  4. 9. Minimal government intervention.
  5. 11. Skilled manual work by craftspeople producing goods by hand.
  6. 12. Private ownership, profit motive.
  7. 14. An economy increasingly based on buying and selling goods through markets rather than subsistence or barter.
  8. 17. A system for buying and selling shares
  9. 19. Developing nations industrialize by limiting imports.
  10. 21. The study of how societies manage scarce resources and make decisions about production and consumption.
  11. 22. Land taxes funding imperial expansion.
  12. 25. Relating to government revenue, spending, and financial matters.
  13. 26. Materials such as minerals, forests, water, and fertile land that can be used for economic gain.
  14. 27. Cities grow around factories.
  15. 30. Contact labor replacing slavery.
  16. 32. Mechanized production, factories.
  17. 34. A society’s ability to produce goods, which expands with technology, labor, and trade networks.
  18. 35. Rubber, copper, diamonds, gold extraction.
  19. 38. Workers organize for rights and wages.
  20. 43. Private investors fund global trade.
  21. 45. Government limits consumption.
  22. 46. Citizens finance government war spending.
  23. 49. Coerced labor fueling plantation economies.
  24. 51. A network of overland trade routes connecting China to the Mediterranean.
  25. 52. A coerced labor system where peasants were tied to the land
  26. 53. Foreign companies dominate local economies.
  27. 55. State controls production (USSR)
  28. 56. Technological improvements that increase production efficiency.
  29. 57. Societies whose economies are based on crop production and livestock.
  30. 58. Safavid, Mughal, Ottoman monopolies.
  31. 59. Colonies forced to grow single export crops.
Down
  1. 1. US-aligned nations.
  2. 2. Competing superpower funding.
  3. 4. Raw materials shipped to industrial powers.
  4. 5. A substance in the environment that is useful, accessible, and socially acceptable to use.
  5. 6. Sea‑based trade linking East Africa, the Middle East, South Asia, and Southeast Asia.
  6. 8. Interconnected systems of trade and cultural interaction across regions (e.g., Silk Roads, Indian Ocean).
  7. 10. Growth of market-based production.
  8. 13. Ottoman labor/tax system using human tribute.
  9. 15. Entire economy directed toward war.
  10. 16. Written orders allowing merchants to pay or receive money in distant locations without carrying cash.
  11. 18. Trade across the Sahara Desert connecting West Africa to North Africa.
  12. 20. Outsourcing tax collection
  13. 22. New techniques or tools that increase farming productivity.
  14. 23. Aztec, Chinese, and other empires.
  15. 24. High yield crops boosting food production.
  16. 28. Early financial institutions
  17. 29. Agricultural work performed by rural farmers; often intensified as trade networks expanded.
  18. 31. An economic policy where states seek to maximize exports, accumulate wealth, and control colonies for resources.
  19. 33. When quantity supplied exceeds quantity demanded, often enabling trade, taxation, and population growth.
  20. 36. Global transfer of crops, animals, and diseases.
  21. 37. A shift toward global trade, banking, joint‑stock companies, and mercantilism (contextual term—commonly tested).
  22. 39. States maximize exports, control colonies.
  23. 40. Money or assets that can be quickly converted to cash, including borrowing.
  24. 41. Forced indigenous labor for mining/agriculture.
  25. 42. A system for producing and distributing goods and services to meet people's wants and needs.
  26. 44. An economic system based on private ownership, profit motive, and market competition.
  27. 47. Global economic collapse shaping politics.
  28. 48. Inns supporting Silk Road Trade.
  29. 50. Foreign states paid China for trade access
  30. 54. Money collected by governments to fund public services and state functions.