Across
- 5. Emphasizes the economic freedom and branch of liberalism. Ex. Political theory that was used in Britain in the early 19th century
- 7. Something comes between two things or something that changes the course of something. Ex. Group of friends confronting a friend about drug use to the police and their relationship changes.
- 10. (Two Words) Capitalism that seeks to advance social welfare. Ex. Companies like Kodak, Sears and IBM
- 13. (Two Words) Government’s role in the steering the economy more important. Ex. CCC, CWA, FSA
- 14. Income. Ex. Sales, Fees earned.
- 16. (Three Words) System to assist and to improve individuals’ lives who are experiencing poverty. Ex. TANF system in the U.S. to support individuals.
- 18. Process of trying to get something. Ex. Animals competing for water or territory
- 20. (Three Words) Extending life from birth to death.
- 22. (Two Words) Socialism achieved by capitalists to surrender the means of production. Ex. Robert Owen and Charles Fourier
- 24. (Three Words) Economic system based on supply and demand with little or no government control. Ex. China, Hong Kong.
- 25. words) This motivating factor of capitalism was first developed by Adam Smith. This selfish motivation will promote a better society as others will work harder. For example, when the common person notices that the Rich spend money on luxurious yachts, cars, and homes it motivates the common person to work harder to achieve a better lifestyle.
Down
- 1. (Three Words) Quantity that producers wish to sell and quantity that consumers wish to buy. Ex. Limited amount of shoes but there is more consumers than the shoes.
- 2. (Two words) Tax that all limited companies must pay. Ex. Distribution from the company to its shareholders.
- 3. Support for or advocacy of social reform. Ex. Progressive Era, Social Work.
- 4. (Two Words) Generating funds to finance the deficit. Ex. When there isn’t amount of money to cover debts
- 6. State of being unemployed. Ex. Losing a job because of Covid 19
- 8. (Two Words) Framework that incorporates both capitalist and socialist. Ex. United States.
- 9. Repeating the process of economic expansion and contraction. Ex. Stock Market crashing
- 11. Owing something to someone or a country. Ex. Owing money to a friend
- 12. (Three Words) Demand for goods and services drive economic activity. Ex. Reducing tax rates to 10% for specific incomes
- 15. (Two Words) Economic downturn from 1929 to 1939.
- 17. State in which a person or community lacks financial resources. Ex. Inequality, Poor education
- 19. (Two Words) Medical care to individuals. Ex. Doctor Care, Nurse Care.
- 21. Father of communism.
- 23. Economic theory of total spending in the economy and its effects on output, employment and inflation. Ex. Barack Obama’s response to the global financial crisis.
