Chapter 5 Foundations

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Across
  1. 4. The total number of people living in a given area
  2. 5. A country with a low economy and a low quallity of life is a ______ country.
  3. 11. An economic system in which the government owns, controls, and regulates all aspects of production, trade, and income generated by the most valuable resources is called a ______________ economy.
  4. 13. The measure of a country's wealth.
  5. 14. A country with a strong economy and a high quality of life is a _______ country.
  6. 15. Any activity that is performed for a fee.
  7. 19. An economic sysytem that is based on tradition and most often found in underdeveloped regions is called a _____________ economy.
  8. 20. A person who buys goods or services for personal use.
  9. 21. An economic system based on the private ownership of businesses and the products made and sold is called a _________________ economy.
Down
  1. 1. Goods or sevices that a country brings in or purchases from another contry.
  2. 2. In this economic sector, raw materials are turned into finished products.
  3. 3. A market economy is driven by the economic principle of (3 words).
  4. 6. The reliance of one contry on the resources, goods, or sevices, of another country
  5. 7. It is in this economic sector, that knowledge and information are explored and ideas are developed. It is the intellectual sector.
  6. 8. The interaction among the various countries of the world
  7. 9. The monetary value of all goods and services produced in a country in a year is called it's GDP or its (3 words)
  8. 10. The study of human populations
  9. 12. Objects or materials that people can buy to satisfy their needs and wants.
  10. 16. An offical count of the population of a region.
  11. 17. In this economic sector, raw materials are harvested.
  12. 18. The United States has a ____ economy.