Across
- 5. people decide which legal agreement to enter into
- 7. how people choose to use scarce resources to satisfy their wants
- 9. people benefit from or pay part of costs that are not part of a marketplace
- 11. government payment that helps cover the cost of an economic activity that is considered to be in the public interest
- 12. how much of a good or service an individual will buy at each price
- 13. everyone has the same economic rights under the law
Down
- 1. goods and services that are necessary for the smooth functioning of society
- 2. capitalist system
- 3. benefits offered for encouragement
- 4. change in the amount of a product that a consumer will buy based on income changes
- 6. person who buys goods or services
- 8. government programs designed to protect people from economic hardships
- 10. person who makes goods or services