Across
- 2. Also called an sustenance economic system
- 4. Trying to reduce the risk of an activity
- 7. Deciding to not do a risky thing
- 9. Businesses that sell in bulk to other businesses
- 10. The study of how to meet unlimited wants with limited resources
- 14. The amount of a good produced
- 15. A popular way to transfer risk
Down
- 1. The people who make and provide goods/services
- 3. The quantity of goods that people want to purchase
- 5. Doing a risky task anyways
- 6. The cost to produce the actual product/service
- 8. High taxes occur in this economic system
- 11. Government controls economy, no private ownership of anything
- 12. The law of supply states that when prices goes up, supply goes _______
- 13. The law of demand states that when prices go up, demand goes _______