Economic Systems & Government

6. Government rules placed on businesses or economic activity.
8. The right to make personal economic decisions without unnecessary government interference.
9. The owning class in Karl Marx's theory.
12. The exchange of goods and services between countries with few trade barriers.
15. Organization that helps administer trade agreements and settle trade disputes.
18. Adam Smith's idea that competition and self-interest help regulate the economy.
19. An economic system in which individuals answer the three basic economic questions with little government interference.
20. Trade agreement that created a free trade zone among the United States, Canada, and Mexico.
21. An economic system that combines free market principles with government regulation.
23. Economic policy in which the government avoids interfering with trade and business.
24. People who buy goods and services and help answer economic questions in a free market.
25. The working class in Karl Marx's theory.

1. A free market characteristic where individuals own property and resources.
2. Philosopher whose ideas influenced many command economies.
3. A characteristic of a free market economy in which businesses compete for customers.
4. A company that operates in more than one country.
5. An economic system based on customs and what has been done in the past.
7. Goods and services purchased from other countries.
10. Economist who wrote The Wealth of Nations and supported laissez-faire economics.
11. The growing connection of economies and businesses around the world.
13. An economic system in which the government controls property, resources, and production decisions.
14. Government restrictions that make international trade more difficult.
16. A word describing how today's global economy links countries together.
17. The desire to earn money that encourages businesses to produce goods and services.
22. Goods and services sold to other countries.