Module 9 Topic 1 Application
Across
- 1. businesses operating with little government control
- 4. an economic system with shared ownership
- 7. spending money to gain future profit
- 8. someone who makes goods or services
- 9. an economic system based on customs and culture
- 12. a general increase in prices over time
- 13. when government spends more than it earns
- 16. the amount produced compared to resources used
- 17. the amount of goods available
- 19. a general decrease in prices over time
- 21. businesses competing for customers
- 23. someone who buys goods and services
- 24. difference between imports and exports
- 27. organization promoting global trade
- 28. the value of the next best choice
- 31. limited resources compared to unlimited wants
- 33. trade within a country
- 35. ability to make economic choices
- 38. buying and selling between nations
- 40. a severe long term economic downturn
- 41. people without jobs who are seeking work
- 42. the value of one currency compared to another
- 43. goods a country sells to other nations
- 45. a tax placed on imported goods
- 46. a limit on the amount of goods imported
- 47. lowest legal pay rate for workers
- 48. trade agreement between the us mexico and canada
- 49. an economy controlled mainly by the government
Down
- 2. a period of economic decline
- 3. increase in production and income
- 5. how optimistic people feel about the economy
- 6. countries relying on each other for resources
- 10. focusing on producing one good efficiently
- 11. trade exchange without trade barriers
- 14. goods a country buys from other nations
- 15. government rules placed on businesses
- 17. relationship affecting prices
- 18. worldwide buying and selling
- 20. money used by a country
- 22. government controlled part of the economy
- 25. exchange between countries
- 26. an economic system based on private ownership
- 29. government financial support for businesses
- 30. people working or looking for work
- 32. business owned part of the economy
- 34. a system where countries exchange goods services and money
- 36. an economy where individuals and businesses make decisions
- 37. the desire to buy goods and services
- 39. the total value of goods and services produced
- 44. the us economic system combining government and private enterprise