Economics

2. send (goods or services) to another country for sale
6. production, investment, prices, and incomes are determined centrally by a government
8. production and prices are determined by unrestricted competition between privately owned businesses
10. an advantage or profit gained from something
12. a tax or duty to be paid on a particular class of imports or exports
13. the rate at which a good or service is consumed
14. a fixed regular payment made by an employer to an employee
17. the exports of a country exceed its imports
20. the total value of goods produced and services provided in a country during one year
21. the means of production, distribution, and exchange should be owned or regulated by the community as a whole
23. traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rules and manner of their distribution
24. the science that deals with the production, distribution, and consumption of goods and services

1. interaction between businesses or people, in which success and failure depend on gaining a share of a limited resources
3. Balance of Trade
4. Not having enough of a resource
5. a society in which all property is publicly owned and each person works and is paid according to their abilities and needs
7. the amount of money expected, required, or given in payment for something
9. an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state
11. the regulations and agreements that control imports and exports to foreign countries
15. the amount of the good or service that is available
16. bring (goods or services) into a country from abroad for sale
18. Restrictions on trade that occur naturally or by government influence
19. Combines private and public enterprise
22. the effort, loss, or sacrifice necessary to achieve or obtain something