Across
- 4. how many basic economic questions are asked when a nation is choosing its economic system.
- 6. Early economist, believed the free market system was the best way to organize the economy. Released The Wealth of Nations, in 1776 arguing for economic freedom.
- 7. economy system which combines free market economy competition with the regulation of a command economy.
- 8. economy system where government officials make the decisions, property and resources are owned by the state.
- 10. distributes resources
- 11. administer free trade agreements by handling various disputes
Down
- 1. ,economy system Individuals make all the decisions, with minimal government interference.
- 2. how a society or government organizes
- 3. economy system based on customs and historical precedent
- 5. Supported equality and a strong central government. Thought capitalist systems promoted inequality and divided society into two classes: proletariat and bourgeoisie.
- 9. created a free trade zone in Canada, Mexico, and the United States