Economic Systems

2. A shift on the economic continuum towards more government involvement in the economy. A shift left is usually described as taking a more liberal position.
6. A cessation of work by workers. Strikes pressure employers to respond to issues that concern workers.
7. Negotiating as a group. Collective bargaining is the key right established by unions for workers.
8. In economics, rivalry among producers to sell products to consumers.
9. Those who use products and services.
12. What's best for society as a whole.
13. How a society organizes the production, distribution and consumption of goods and services.
15. In economics, the idea that land (materials), labour and capital (money) limit the supply of what people want and need.
18. Owned in economics, the part of the economy owned and controlled by government and paid for by taxes.
19. The wants and needs of consumers for products and services.
21. The products and services created by producers.
23. Is a company owned by the government to provide products and services.
24. Owned in economics, the part of the economy owned and controlled by businesses and individuals.

1. Connect through a cause and effect relationship related to price. Producing things people want.
3. An organization of workers that acts to protect workers' rights and interests.
4. A combination of private ownership and government control.
5. A monopoly happens when one producer controls all supply of a product or service.
10. Those who create products and services.
11. The percentage of the workforce that does not have jobs.
14. A shift on the economic continuum towards less government involvement in the economy.A shift right is usually described as taking a more conservative position.
16. At this spectrum, government makes all the decisions about how to solve scarcity. It owns and manages the resources needed to produce things.
17. Private businesses own and manage resources.
20. The resources and processes involved in the productio, distribution and consumption of goods and services.
22. The study of the production, distribution and consumption of goods and services.