Across
- 3. A limit on the amount of a product that can be imported into a country.
- 5. A system of government in which the people hold the power, often through voting.
- 6. A combination of market and command economies; both individuals and the government make economic decisions.
- 10. A government in which one person has all the power.
- 12. The number of people in a country who can read and write
- 14. Goods or services brought into a country from another country.
- 16. The ability and willingness to start a business, take risks, and bring together resources to produce goods or services.
- 17. A group of oil-producing countries that work together to control oil prices and production levels.
- 19. A government ruled by a king or queen who has total power and is not limited by laws or a constitution.
- 20. An economy based on customs, traditions, and beliefs, often using bartering instead of money.
- 23. The skills, education, and abilities of workers that make them productive.
- 24. A government order that stops trade with another country, often for political reasons.
Down
- 1. An economic system where the government makes all decisions about what to produce, how to produce, and for whom to produce.
- 2. The process of changing one country’s money into another country’s money to trade or travel internationally.
- 4. A democratic system where citizens elect both the legislature and the president separately.
- 7. When a country or business focuses on producing certain goods or services it can make best and most efficiently.
- 8. A tax placed on imported goods to make them more expensive and encourage people to buy local (domestic) products.
- 9. Materials from nature, like water, minerals, forests, and oil, used to make goods and services.
- 11. The level of wealth, comfort, and material goods available to a person or community.
- 13. The machines, tools, factories, and technology used to produce goods and services.
- 15. Goods or services sold and sent to another country.
- 18. A republic that is governed by Islamic law (Sharia) and often led by religious leaders.
- 21. An economy where decisions are made by individuals and businesses based on supply and demand, with little government involvement.
- 22. A democratic system where the legislature (parliament) chooses the head of government, usually called a prime minister.
