Social 9 - Economic Systems

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Across
  1. 1. Something that benefits all members of society and is paid for and provided by the government
  2. 4. Where a single company controls the entire supply of a good or service
  3. 6. The illegal practice of not paying your taxes, such as hiding income from the government.
  4. 8. A company owned by the government to provide important public services (CBC, Canada Post, VIA Rail).
  5. 10. The total value of all goods and services produced inside a country in one year; used to measure how strong an economy is.
  6. 11. The rivalry among businesses to win customers by offering the best prices, quality, and service.
Down
  1. 2. A tax paid by individuals and businesses based on the amount of money they earn each year.
  2. 3. A decision by a group of consumers to stop buying from a certain company or country to protest its actions or policies.
  3. 5. An economic theory that states the more things people buy the better it is for people and the country they are in.
  4. 7. Services provided by the government to reduce economic inequality and help citizens in need (like healthcare, affordable housing, and pensions).
  5. 9. The overall strategy a company uses to research, promote, and sell products to consumers.