EOY Vocab 2

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