Unit 7 Vocabulary Crossword Puzzle
Across
- 2. is the basis of global trade as few countries produce enough goods to be completely self-sufficient.
- 6. the state of being scarce or in short supply; shortage.
- 7. obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
- 8. an insistent and peremptory request, made as if by right.
- 9. is self-sufficiency farming in which the farmers focus on growing enough food to feed themselves and their families.
- 10. zones is an area within which goods may be landed, handled, manufactured or reconfigured, and reexported without the intervention of the customs authorities.
- 11. system is an economic system in which trade, industry, and the means of production are controlled by private owners with the goal of making profits in a market economy.
- 12. are goods produced and used to make other goods and services.
- 18. sometimes included with the tertiary sector, as they are both service sectors.
- 21. a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
- 22. Materials labor or money which is used to create goods and services.
- 23. is an original economic system in which traditions, customs, and beliefs shape the goods and the products the society creates.
- 24. a group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries.
- 25. is the process of integration across world-space arising from the interchange of world views, products, ideas, and other aspects of culture.
- 26. a business or manufacturing activity carried on in a person's home.
- 27. the basic physical and organizational structures and facilities needed for the operation of a society or enterprise.
- 28. make (something needed or wanted) available to someone; provide.
Down
- 1. materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.
- 3. A duty imposed on imports to raise their price, making them less attractive to consumers and thus protecting domestic industries from foreign competition.
- 4. is based on some form of social ownership of the means of production, which may mean autonomous cooperatives or direct public ownership; wherein production is carried out directly for use.
- 5. Most communist countries have had command economies; capitalist countries may also adopt such a system during national emergencies
- 6. is defined by some to encompass health, culture, and research.
- 9. Designated areas in countries that possess special economic regulations that are different from other areas in the same country.
- 13. a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
- 14. the personnel of a business or organization, especially when regarded as a significant asset.
- 15. send (goods or services) to another country for sale.
- 16. are those activities where natural resources are extracted from the earth.
- 17. bring (goods or services) into a country from abroad for sale.
- 19. is one of the three economic sectors, the others being the secondary sector and the primary sector
- 20. the ability of an individual or group to carry out a particular economic activity more efficiently than another activity.