Government and Economics Vocabulary
Across
- 3. _________rate The ability to read and write. (12)
- 5. A limited quantity of a particular product that under official controls can be produced, exported, or imported. (5)
- 7. The process of concentrating on and becoming expert in a particular subject or skill. (13)
- 9. _______goods Goods that are used in producing other goods, rather than being bought by consumers. (12)
- 11. An official ban on trade or other commercial activity with a particular country. (7)
- 14. To bring goods or services into a country from abroad for sale. (6)
- 16. The total value of goods produced and services provided in a country during one year. (3)
- 19. _____________democracy A democratic system where the executive branch derives its democratic legitimacy from, and is accountable to, the legislature; the executive and legislative branches are thus interconnected. (23)
- 21. The basic physical and organizational structures and facilities needed for the operation of a society or enterprise. (13)
- 22. ___________economy An economic system where the government or central authority controls all aspects of production, including what is made and who receives the goods. (14)
Down
- 1. _________capital The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country. (12)
- 2. resource Materials or substances occurring in nature which can be exploited for economic gain. (14)
- 4. ____________economy An economic system in which traditions, customs, and beliefs shape the goods and the services the economy produces. (18)
- 6. __________expectancy The average period that a person may expect to live. (13)
- 8. _____________democracy A democratic system where the head of state is also the head of government and leads an executive branch that is separate from the legislative branch. (22)
- 10. A system of government by one person with absolute power. (9)
- 12. ___________participation The level at which a citizen contributes to government and society in various ways. (20)
- 13. The state of being extremely poor. (7)
- 15. To send goods or services to another country for sale. (6)
- 17. A tax or duty to be paid on a particular class of imports or exports. (6)
- 18. The activity of setting up a business or businesses, taking on financial risks in the hope of profit. (15)
- 20. _____________economy An economic system in which production and prices are determined by unrestricted competition between privately owned businesses. (13)
- 21. __________mortality rate The number of infants dying before reaching one year of age, per 1,000 live births in a given year. (15)