The Types of Economic Systems

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Across
  1. 2. A country that has a mixed economic system (7 letters)
  2. 6. An economic system that is based on traditional customs and practices (11 letters)
  3. 8. A country that has some communities that practice a traditional economic system (6 letters)
  4. 10. The people who buy goods and services (7 letters)
  5. 11. The money left after selling goods and services and costs of operating a business have been paid (7 letters)
  6. 12. An economic system in which the government owns and controls the means of production and distribution (6 letters)
Down
  1. 1. A country that displays an extreme planned economic system (10 letters)
  2. 3. An economic system in which businesses are free to produce and sell whatever goods and services they want, and consumers are free to choose what they want to buy (6 letters)
  3. 4. An example of a country that has a FREE market/capitalist economy (12 letters)
  4. 5. The process of making choices about how to allocate scarce resources (8 letters)
  5. 7. An economic system that combines elements of both command and market economies (6 letters)
  6. 9. The resources that are used to produce goods and services (7 letters)