Across
- 3. Independent Polish Labor union founded in 1980 by Lech Walesa
- 5. Market in which goods and services are sold illegally
- 9. Economic system that has some combination of traditional, command, and market economies
- 11. Idependently owned group of Japanese firms joined and governed by an external board of directors in order to regulate competition
- 13. Shift of an economy, or part of an economy, from private ownership to government ownership
- 14. Economic and political system in which factors of production are collectively owned and directed by the state
- 15. Certificates that could be used to purchase government-owned property during privatization
- 16. Central planning authority in the former Soviet Union that devised and directed the Five-Year Plan
- 17. Gross domestic product on a per person basis
- 18. China's second Five-Year Plan, began in 1958, which forced collectivization of agriculture and rapid industrilization
- 20. Economic system in which government owns some factors of production and has a role of determining what and how goods are produced
- 22. Economi system in which the allocation of scarce resources, and other economic activityis the result of ritual, habit, or custom
- 23. Fundamental restructuring of the Soviet economy
- 24. Successor of the European Coal and Steel Community established in 1993 by the Maastricht Treaty
- 25. Meeting place or arrangement through which buyers and sellers interact to determine price and quantity of an economic product
Down
- 1. Economic system in which private citizens own and use the factors of production in order to generate profits
- 2. Economic system in which supply, demand, and the price system help people allocate resources and make the WHAT, HOw, and FOR WHOM to produce decisions.
- 4. Worst period of economic decline in US history, lasting from aproximateky 1929 ro 1939
- 6. Production process requiring large amouts of cpital in relation to labor
- 7. Forced common ownership of factors of production
- 8. Economic system characterized by a centrak authority that makes most of the major economic decisions
- 10. Number of people per square mile of land area
- 12. Organized way a society provides for the wants and needs of its people
- 19. Comprehensive, centralized economic plan used by the Soviet Union and China to coordinate development of agriculture and industry
- 21. Conversion of state-owned factories and other property to private ownership