Economics Crossword

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Across
  1. 4. No true__________ or free _________ economy exists (same word in both blanks)
  2. 5. Businesses trying to provide the best products and services at the lowest prices
  3. 10. Cars, clothing, electronics, and steel are examples of this
  4. 13. Flying mammal
  5. 14. Economic & political system where a country's trade & industry are controlled by private owners for profit
  6. 17. The average income earned per person in a given area per year (3 words)
  7. 19. A downturn in economic activity
  8. 20. When the government owns the productive resources in a society, and controls the distribution of goods
Down
  1. 1. Goods that are leaving, or exiting a country
  2. 2. Goods that are coming in to a country
  3. 3. The total value of goods and services produced by a country in a given year (abbreviation)
  4. 6. Most modern economies are this
  5. 7. Money demanded by a govt. for its support or for specific services, collected from incomes, sales, etc.
  6. 8. A rise in prices of goods and services
  7. 9. Man's best friend
  8. 11. The amount of a product available and the desire of buyers for it (3 words)
  9. 12. Large marsupialSocialism When the productive resources in a society are owned by the people, and distributed equally
  10. 15. A tax imposed on imported goods
  11. 16. Has a trunk
  12. 18. Healthcare, education, and banking are examples of this term
  13. 21. Likes to chase mice