Across
- 3. a tax on imports or exports
- 7. a method of production a business or area focuses on the production of a limited scope of products or services in order to gain greater degrees of productive efficiency within the entire system of businesses or areas.
- 10. a system of money in general use in a particular country
- 11. an official ban on trade or other commercial activity with a particular country.
- 14. the amount of a good or service offered for sale
- 15. a person who organizes and manages a business, usually with considerable initiative and risk
- 16. an economy in which decisions regarding investment, production, and distribution are based on market determined supply and demand
- 19. an economy in which production, investment, prices, and incomes are determined centrally by a government.
- 20. North American Free-Trade Agreement a commodity, article, or service sold abroad.
Down
- 1. goods that are used in producing other goods, rather than being bought by consumers
- 2. the skills, knowledge, and experience possessed by an individual or population
- 4. in short supply; shortage
- 5. materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain
- 6. the desire of purchasers, consumers, clients, employers, etc., for a particular commodity, service, or other item.
- 8. a system of money in general use in a particular country.
- 9. an economic system combining private and public enterprise
- 12. a commodity, article, or service sold abroad.
- 13. a sum of money granted by the government to assist an industry or business so that the price of a commodity or service may remain low or competitive.
- 17. a commodity, article, or service brought in from abroad for sale
- 18. the Gross Domestic Product is a a nation's total economic activity. The total monetary value of all goods and services produced within a nation's geographic borders over a specified period of time