Chapter 13: Global Economics

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Across
  1. 5. economics and political system in which trade and industry are controlled by private owners for profit
  2. 8. industry or commodity that’s dominated by one corporation that manipulates prices
  3. 9. limited resources and an unlimited demand by a population
  4. 10. the persistent rise in the cost of goods and services over time
Down
  1. 1. payment from the government to producer to lower their cost to produce or increase the quantity produced
  2. 2. economics and political theory promoting collective or government ownership and control of the means of production and distribution of goods
  3. 3. total market value of all finished goods and services produced in a given period of time
  4. 4. explains how money works at the individual,group, or company level
  5. 6. a tax impose on the goods and services imported from another country
  6. 7. when businesses compete for a share profit