Across
- 3. the resources used to produce goods and services
- 4. the political system that allows for a centrally planned economy
- 6. an organized effort by a group of people to sell a good or service that society wants and needs for a profit
- 12. the money, equipment and facilities used in the operation of a business
- 13. the system of business in which individuals are free to decide what to produce how to produce it and what price to sell it for
- 14. person who risks time, effort, and money to start and operate a business
- 16. the ability to maintain or imporove standards of living without damaging or depleting natural resources
- 17. how a country creates and distributes wealth
- 18. type of economic system in which the government decides what goods and services will be produced and how they will be produced, priced and distributed
- 19. the money left over after the business pays all expenses
Down
- 1. an economic system in which the government may own some key sectors of the economy to make their distribution more equitable
- 2. the study of the national economy and the global economy
- 5. economy theory create by Adam Smith to explain how the market balances itself
- 7. online interaction that allows people and businesses to communicate and share ideas
- 8. the time and effort used to produce goods and services
- 9. economic system in which individuals own and operate the goods and services
- 10. type of economic system the USA has
- 11. the money a business receives from sales
- 15. the study of decisions made by individuals and businesses