Across
- 5. the lowest wage permitted by law or by a special agreement
- 6. an economic system combining private and public enterprise
- 7. the total monetary or market value of all the finished goods and services produced within a country's borders
- 9. a thing that motivates or encourages one to do something.
- 11. a general increase in prices and fall in the purchasing value of money.
- 12. the act of buyers and sellers freely and willingly engaging in market transactions
- 13. , is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics
- 14. the desire for financial gain as an incentive in economic activity.
Down
- 1. any government system that provides monetary assistance to people with an inadequate or no income
- 2. the situation in an economy where the desires and needs of consumers control the output of producers.
- 3. investment approach focused on preservation of capital and income
- 4. the activity or condition of competing.
- 8. is when there is little to no change in the economy over a period of time. This means that there is a lack of inflation or deflation
- 10. the fundamental right of every human to control his or her own labor and property
