Unit 6 Vocabulary Crossword Puzzle
Across
- 2. type of money a country uses
- 5. economic system where the government makes all of the economic decisions
- 7. producing those goods a country can make most easily so they can trade them for goods made by others that cannot be produced locally
- 9. the total value of all goods and services produced by a country in one year; used to measure the health of a country's economy
- 10. a tax placed on imported goods
- 13. forbid or stop trade with another country
- 14. the value of what is given up when one choice is made over another
- 17. people who perform labor
- 19. level of wealth and material comfort available in a country
- 20. most common economic system today; blending of market and command economies
- 21. there are not enough resources to produce everything people want and need
Down
- 1. a person who takes the risk necessary to start a new business; entrepreneurs come up with new ideas for goods and services
- 3. raw materials that come from the land like minerals and trees
- 4. how much one currency is worth in terms of the other
- 6. economic system based on traditional customs and values passed down from generation to generation
- 8. economic system based on supply and demand; no government control
- 11. a restriction or limit on the amount of a good that can be imported into a country
- 12. the percentage of adults who can read and write
- 15. examples: factories, machinery, technology
- 16. a strong seasonal wind that brings heavy rainfall to parts of Southern and Eastern Asia
- 18. the ability to read and write