Economics

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Across
  1. 2. An economic system based on private ownership and a free market
  2. 4. System of production and distribution in which the government owns the means of production
  3. 7. The ability of private individuals or firms to engage in business and make profits
  4. 8. A system where resources are allocated based on tradition, custom, or habit
Down
  1. 1. The economic system in which decisions are made centrally by a governing body
  2. 3. Economic system that blends elements of free markets with government intervention
  3. 5. This type of economy is driven by supply and demand, with minimal government interference Market
  4. 6. The economic system in which the government controls the means of production