Across
- 2. The economic system in which most businesses are owned and operated by individuals
- 4. relies on both markets and the government to allocate resources.
- 6. resources to produce things
- 8. economy is one in which the government owns all or most enterprises.
- 10. are the inputs used to produce outputs.
Down
- 1. capitalistic characteristics and convert businesses previously owned by the government to private ownership
- 3. ndustries that provide essential services, such as utilities, banking, and health care, may be government owned.
- 5. the means by which a society (households, businesses, and government) makes decisions about allocating resources to produce products and about distributing those products
- 7. The economic system in which most businesses are owned and operated
- 9. is the study of the production, distribution, and consumption of goods and services.