Across
- 4. type of economy based on historical precedent and customs
- 5. economic system that is a mixture of the competition, self-interest, and profit motive of a free market economy and the government regulation and restrictions of command economies
- 6. free trade agreement between Mexico, Canada, and the United States
- 7. the right to spend your money on the goods and services you choose; the right to decide your occupation or change your job; the right to buy property; the right to decide how much money to save and where you will save it; the right to start a business.
- 9. increasing this allows for the nations economy to grow and this increases the material standards of living world wide, so this helps the US economy and the global economy
- 10. he provided the ideology behind the command economy and supported equality with a strong central government
Down
- 1. national defense,protect the jobs of workers, and protect companies from competition
- 2. economic system which is mainly controlled by the government
- 3. type of economic system where the people can choose how they answer the three basic economic questions: what goods and services they can produce, how they will produce them, and for whom they will be produced for
- 8. wrote the Wealth Of Nations and argued for the free market system as he believed it would lead to successful and wealthy nations
