Across
- 2. individuals control production and decision making market based
- 4. the government determines all the answers to economic questions
- 7. wants/desires of the public
- 8. wants/desires of the property owner
- 9. A French term describing a market economy where the government is not involved
- 10. “survival of the fittest” applied to business and society
- 11. there are not enough resources for everything we want
- 12. a single company owns all of the market for product or service
Down
- 1. the economic questions are answered by both the individual and the government
- 3. 1800s the economy changed from hand-made to machine-made goods
- 5. no government involvement, the economy fixes itself
- 6. the study of how people/groups satisfy their needs by making and selling goods and services