Europe economics vocabulary
Across
- 3. somthing dont need but you want to have it in your possesion
- 6. political untity to a place or group
- 7. government is in full control regulates prices of goods and wages
- 11. constums beilfes of the past thats passed downed generation to generation
- 14. somthing you cant live without
- 15. supply and demand the government has no control producers determined by what consumers want to buy
Down
- 1. very limited roles citizens get freedom but government does some services and trades and collect taxes
- 2. mixed economy strong leading industial power
- 3. production
- 4. mixed economy very close to pure market
- 5. both have free market and command market
- 8. a branch of knowlegde of concerns
- 9. economies are close to one type of systems than others
- 10. trading goods for different goods and items or sorces of different items
- 12. mixed economy 49% command 51% market
- 13. the system the goverment uses to regulate money and recourse