Unit 3 Crossword
Across
- 3. a person who is willing to take a risk to create a business to sell a new technique, idea or product
- 4. the total of goods and services produced in a country
- 11. a political system in which the government owns all aspects of life in a country
- 12. a ban on trade with a country for political reasons
- 13. based on private ownership, free trade and competition
Down
- 1. countries countries with less productive economies and a lower quality of life
- 2. materials supplied by nature and can be used to develope wealth for a nation
- 4. the value of all goods and services produced within a counrty in a single year
- 5. countries with strong economies nd a high quality of life
- 6. an economic system where decisions about what and how goods/services are produed is based on customs
- 7. the central government makes all economic decisions
- 8. a form of government in which the people elect leaders and rule by majority
- 9. a tax placed on goods that are brought into a country
- 10. a limit placed on the quantity of goods and services that can be imported