Across
- 2. A term used to describe countries with lower levels of industrialization and income
- 4. The process of reducing barriers to trade between countries
- 8. The transfer of ownership of property or businesses from a government to a privately owned entity
- 13. The economist known as the 'father of modern economics' and author of 'The Wealth of Nations'
- 14. A mutual reliance between countries for goods, services, and economic stability
- 15. A measure of the economic performance of a country, often divided by population to assess the average income
- 16. A group of seven major advanced economies that meet to discuss global economic issues
- 17. The unrestricted exchange of goods and services between countries
- 19. A political and economic union of 27 European countries
- 20. An economy based on the production and management of knowledge and information
- 22. A trade agreement between Canada, the United States, and Mexico, updated as the Canada-United States-Mexico Agreement
- 23. International agreement aimed at reducing carbon emissions and combating climate change
- 24. A composite index measuring average achievement in key dimensions of human development
- 27. An organization of petroleum-exporting countries that coordinates policies and prices
- 28. An international organization founded in 1945 to promote world peace and cooperation
- 31. A meeting in 1944 that established the International Monetary Fund and the World Bank
- 32. An international organization that provides financial assistance and advice to member countries
- 33. An economic system in which the state or government makes all economic decisions
- 34. An economic system in which the government controls the production and distribution of goods and services
- 36. The business of agricultural production, including farming, seed supply, and marketing
- 37. An economist known for his defense of free-market capitalism and criticism of socialism
- 38. An economist who advocated for government intervention to stabilize economic fluctuations
Down
- 1. The worldwide network to produce and distribute a product
- 3. A tax imposed on imported goods and services
- 5. A long-term change in the earth's climate, especially due to human activity
- 6. Meeting the needs of the present without compromising the ability of future generations to meet their own needs
- 7. An economist known for his strong belief in free-market policies and minimal government intervention
- 9. A company that operates in multiple countries
- 10. The philosopher and economist who co-authored 'The Communist Manifesto' and critiqued capitalism
- 11. The construction of ships
- 12. The reduction or elimination of government regulations in an industry
- 17. An economic system where prices are determined by unrestricted competition between privately owned businesses
- 18. An international financial institution that provides loans and grants to the governments of poorer countries
- 21. The practice of obtaining goods or services from an external supplier, often from another country
- 25. The responsible management and care of resources
- 26. The economic policy of restricting imports to protect domestic industries
- 29. A period of temporary economic decline during which trade and industrial activity are reduced
- 30. The General Agreement on Tariffs and Trade that was replaced by this organization in 1995
- 35. An economic system where private individuals and businesses own the means of production and operate for profit