Across
- 1. countries are linked to each other
- 5. combining parts of different economies
- 8. selling directly to consumers
- 9. factors needed to produce goods
- 12. value of goods produced in a country
- 13. system of producing and selling goods
- 16. law that limits free trade
- 19. no enough resources to meet wants
- 20. money earned from a job
- 22. based on private ownership, free trade, competition
- 24. people are free to exchange goods
- 25. money is a yardstick of economic value in exchanges
- 27. something that holds its value over time
- 29. focus on growing crops
- 32. a reduction in business activity
- 34. businesses that sell to other businesses.
- 35. a business that continues to grow
- 36. making finished products from raw materials
Down
- 2. to trade a good for another good
- 3. low quality of life
- 4. use of money today that will earn future benefits
- 6. income not spent
- 7. strong economy and high quality of life
- 10. government controls economy
- 11. value of the thing you give up in a tradeoff
- 14. removal of trade barriers between nations
- 15. providing a service instead of goods
- 17. producers in one country depending on others
- 18. the money an individual or business has left after expenses
- 21. what people accept as payment for goods
- 23. something of economic value
- 26. governments provide services to people
- 28. when banks pay a customer an amount to use the money
- 30. based on long established customs
- 31. traits that are well known and accepted
- 33. means which goods can be exchanged