Chapter 3 Economics

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Across
  1. 3. What kind of externality is a flight path that goes over your house?
  2. 5. Who created the welfare system?
  3. 10. Total value of all the goods and services produced in a particular economy
  4. 11. What kind of equality does America give to everyone to compete in the market place?
  5. 12. Economic theory that deals with behavior and decision making by individuals
  6. 16. What the government offers to help raise the standard of living of the poor.
  7. 17. What is the invention that created greater productivity?
Down
  1. 1. What determines the poverty threshold?
  2. 2. what is a recall notice by law?
  3. 4. Which sector does the US Post Office belong to?
  4. 6. Economic side effect that results in unexpected benefits
  5. 7. How does the government offer incentives for innovation?
  6. 8. Rivalry between producers of similar goods to win more business
  7. 9. This can make an economy more efficient
  8. 13. Food stamps are an example of which kind of benefit?
  9. 14. This is the education public interest group.
  10. 15. President who suggested we rely on faith-based initiatives.