Across
- 1. The economic system in which most businesses are owned and operated by individuals
- 3. industries that provide essential services, such as utilities, banking, and health care
- 4. the study of the production, distribution, and consumption of goods and services.
- 9. the transfer of a business, industry, or service from public to private ownership and control.
- 10. relies on both markets and the government to allocate resources
Down
- 2. System by which a society (households, businesses, and government) makes decisions about allocating resources to produce products and about distributing those products.
- 5. also The economic system in which most businesses are owned and operated by individuals
- 6. a business uses resources to produce things
- 7. one in which the government owns all or most enterprises
- 8. the inputs used to produce outputs.