US Economic System

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Across
  1. 4. Minimum _____ is when a company is legally required to pay a certain amount to its workers
  2. 5. an economic system in which the productive resources are owned by private citizens
  3. 9. the largest value of a paper bill in the US
  4. 12. when you legally declare that you cannot pay for the debts you owe
  5. 13. total bans on trade with other countries
  6. 14. economic decisions are based on how economic activity has
  7. 16. economy where economic decisions are made by individual people
  8. 18. carried out in the past
  9. 19. a way to purchase items using borrowed money, but you have to pay it back
  10. 20. Gross ________ Product is a tool we use to measure the strength of a country's economy
Down
  1. 1. government controls all economic resources
  2. 2. plastic card used to pay for items that only works if you have money in your account
  3. 3. taxes on imported goods
  4. 5. papers issued by your bank that you can fill out as an alternate form of payment
  5. 6. the type of economic system the US has
  6. 7. a company that is the ONLY one to provide a good or service
  7. 8. countries engage in this to get items from around the world they may not have
  8. 10. the type of currency used in the United States
  9. 11. Another word for cash/money. All countries have a form of it
  10. 15. a percent charge on items bought using credit
  11. 17. the group responsible for printing our money