Economic Institutions

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Across
  1. 2. Businesses that grow crops or raise animals.
  2. 4. The process of making goods or services to sell or use.
  3. 8. Rules about right and wrong that help people and businesses act fairly.
  4. 11. An economy where the government controls all businesses and resources.
  5. 13. The process of delivering goods or services to people or stores.
  6. 15. Paths like rivers, roads, or railways that make it easier to move goods and people.
  7. 17. Businesses that sell goods directly to the customers.
  8. 18. How advanced or successful a country's economy is, often measured by factors like wealth, education, and health.
  9. 19. The resources,labor, capital and entrepreneurs.
  10. 21. How much of something is available (supply) and how much people want (demand). It affects the price of things
  11. 23. Jobs that people do for others.
  12. 24. Materials from nature that people use to make goods or services.
  13. 25. An economy where the government decides which products are made and sold.
Down
  1. 1. (GDP) The total value of all goods and services a country makes in a year.
  2. 3. The average number of years a person is expected to live.
  3. 5. The average amount of money each person in a country would have if the GDP were divided equally.
  4. 6. Businessess that provide services instead of goods.
  5. 7. An economy where people can start businesses, make profits, and compete with others.
  6. 9. Businesses that make goods in factories.
  7. 10. Tools, machines, and money used to produced goods or services.
  8. 12. A person who starts and runs a business.
  9. 14. Things like mountains or deserts that make it harder to move goods or people.
  10. 16. Physical items that people buy and sell.
  11. 20. The work that people do to make goods or provide services.
  12. 22. The ability to read and write.