Across
- 4. The workers or government own the means of production.
- 5. The main function of an economic system.
- 7. Allocation of equal resources for equal outcomes.
- 9. Spending or saving money to receive a return of money greater than the original amount.
- 12. Private parties own the means of production.
- 14. Increase in production.
- 19. A factor of production which encompasses physical assets.
- 20. An authority makes decisions on what and how to produce.
- 21. Money which is owed.
Down
- 1. A loan which is mainly used for houses.
- 2. The ability to borrow money with the understanding that you will pay later.
- 3. Sum of money put in and taken out of an account.
- 4. A ownership of a fraction of a corporation.
- 6. The ability to convert assets to cash.
- 8. Production decisions are made by the interaction of consumers and buyers.
- 10. Stable income or living conditions.
- 11. Intermediaries of money.
- 13. The cost when borrowing money.
- 15. A political theory derived from Karl Marx.
- 16. A factor of production which encompasses the workers.
- 17. A factor of production which encompasses natural resources.
- 18. Ability to take economic actions.