Across
- 2. A system every society creates in order to meet basic needs
- 4. In this type of economy all the goods and services are controlled by the government
- 7. An economic system where the production of goods and services are controlled by private citizens
- 10. Workers can collectively bargain for their wage and benefits when they organize to form one of these
- 11. Parks, roads, schools, and are all examples of which type of goods?
- 13. A healthy Free Market relies on this
- 14. One way that the govt. is able to collect resources (revenue) to pay for public goods and services
Down
- 1. In a mixed economy sometimes the govt. places rules and __________ on businesses to protect consumers
- 3. The "law of _______" states that when goods are less expensive, people buy more
- 5. A place where a voluntary exchange is made between a buyer and seller
- 6. A government payment to correct a market failure, usually in the form of cash, check or tax break to and individual or business
- 8. Restaurants, clothing, housing, and food are all examples of which type of good?
- 9. When one business controls and entire industry
- 12. The United States has this type of economy