Economic Systems

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Across
  1. 5. goods that the US sells to other countries
  2. 6. the idea that prices change based on how much people want a product and how much of it exists
  3. 7. when prices and goods are decided mainly by consumers and businesses not the government
  4. 8. a tax placed on imported goods from another nation
  5. 9. an economic system where the government controls everything including production and prices
Down
  1. 1. goods that the US buys and brings in from other countries
  2. 2. how countries become more connected through trade technology and travel
  3. 3. the economic system of the US which combines free market ideas with government involvement
  4. 4. when a country buys more goods from other nations than it sells
  5. 6. the basic economic problem that resources are limited but wants are unlimited