Across
- 3. A person who begins a project (usually a business), especially when it takes initiative and has risk.
- 4. Education and training of a the workers in a country.
- 6. Extra or more than what is necessary to meet needs.
- 10. The value of all goods and services produced yearly in a country.
- 13. The amount of goods and services available to consumers.
- 15. The buyer or user of a good or service.
- 16. Economic penalties that a government places on another country to limit trade as a punishment.
- 17. An amount or allotment allowed or expected.
- 19. The basic physical and organizational structures and facilities (e.g., buildings, roads, and power supplies) needed for the operation of a society or enterprise.
- 20. Money given by the government to a business or industry in order to help keep the cost of a product or service low.
- 22. A tax or toll that the government places on imports or exports.
- 23. How much one country's money is worth compared to another country's
- 24. Products that are bought by a country from other countries.
- 26. Materials such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.
- 28. Tools and machines that are used to create consumer goods and services.
- 29. Type of economy where the government makes all economic decisions and controls all resources.
- 30. A complete stopping of trade with another country or a government order preventing ships from entering or leaving a country’s ports.
- 31. A country with many industries, high technology, high GDP, and a high standard of living for its people.
Down
- 1. The amount of goods or services wanted in a market.
- 2. The level of the peoples' wants and needs that are met by a society.
- 5. The part of the economy controlled by the government
- 7. The total value of all the goods and services produced in a country in a year divided by the number of people living in the country.
- 8. A country that has few industries, low technology level, low GDP, and a low standard of living.
- 9. Money used as a medium of exchange
- 11. The part of the economy owned by individuals and corporations
- 12. Type of economy where all economic decisions are made by producers and consumers.
- 14. The percentage of adults in a country that can read and write.
- 18. The maker of a good or provider of a service.
- 21. Type of economy has some government controls, but also gives freedoms to producers and consumers.
- 23. Products sold by a country to other countries.
- 25. When countries focus on producing certain goods to be able to make them more efficiently and quickly.
- 27. Not enough for all wants/needs.