Across
- 2. The idea that land, labour and capital limit the supply of what people need/want.
- 4. When one company has control over the production/distribution of a certain good/service.
- 5. Measures the amount of wealth a country's economy generates.
- 8. People on this side of the spectrum believe that people should be responsible for their own well-being.
- 10. Each political party has one of these; they express an opinion/stance on key issues.
- 11. Tax based on a percentage of a person's income.
- 17. A system of taxation where people are taxed at a higher % as their income increases.
- 18. Businesses and companies that are owned and operated by the government.
- 20. The belief that personal freedom and economic liberty are the best economic ideals.
- 21. Misrepresenting or not paying your taxes.
- 22. Tax paid at the time of buying a product or service.
- 23. The opposite of individualism, meaning cooperation and working together is most effective.
- 26. Another term for the underground economy.
- 27. The focus of public good in the United States.
- 28. People on this side of the spectrum believe that the government is best positioned to use money to help individuals.
- 29. The focus of public good in Canada.
- 31. Money saved or provided to seniors when they retire/reach 65.
- 32. Group that fights for the rights of workers in the workplace.
- 34. Commercials, advertising and marketing can create consumer _________.
- 35. A stoppage of workers to pressure employers to respond to issues.
- 37. Profit, competition, supply and demand all have to do with which type of economy?
Down
- 1. The study of the production, distribution and consumption of goods and services.
- 3. This type of economy refers to all the buying and selling that takes place illegally.
- 6. One of the main goals of a planned/command economy should be to reduce economic ____________.
- 7. This type of tax means all individuals are taxed at the same rate (typically favored by market economy).
- 9. This party strongly supports government involvement and intervention regarding environmental issues.
- 12. Rivalry among producers to sell products to consumers.
- 13. Crown corporations are often created to support economic ____________.
- 14. One of the main reasons people decide to use reverse boycotts on major businesses/corporations.
- 15. Services provided by the government to promote well-being and paid for by taxes.
- 16. When jobs are created, this "rate" does down.
- 19. What is best for society as a whole.
- 24. This type of economy favours strong government control and decision making.
- 25. A type of economy where the government steps in to help, but doesn't take over.
- 30. All the economic activity that is taxed to pay the services the government provides.
- 33. A decision by consumers to stop buying a product or service as a way to bring about change.
- 36. Money made from a product or service above and beyond the operating costs.