EOY Vocab 2

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Across
  1. 3. A country's total GDP divided by its population size.
  2. 4. Production is determined by the government and does not always reflect demand.
  3. 5. Economic activity that involves the mass production of manufactured goods
  4. 6. Economic activity that involves large-scale farming in which the product is meant for the sale to the public
  5. 8. Government makes some, but not all, decisions about the production and distribution of goods and services.
  6. 9. Economic system in which production (supply) is determined by demand with little to no government interference.
  7. 10. The value of all the goods and services produce by a country.
Down
  1. 1. Based upon economic data, countries are categorized as less developed, new industrialized.
  2. 2. Economic activity that produces a service for customers rather than a product
  3. 7. Average life-span of an individual in a particular country