Economics

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Across
  1. 2. an economic system where traditions, customs, and beliefs dictate how goods and services are produced and exchanged.
  2. 3. a means by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.
  3. 4. a system that combines elements of both free-market capitalism and government-controlled socialism.
  4. 6. a system where the government makes all major decisions about what goods and services are produced, how they are produced, and who receives them, rather than these decisions being based on supply and demand in a free market
Down
  1. 1. an economic system where supply and demand, rather than government, determine prices and production.
  2. 5. a spectrum used to visualize the range of economic systems, from a pure command economy on one end to a pure market economy on the other.