Across
- 3. pieces of landed property covering tremendous areas, as a way to self-sufficiency.
- 4. Divided the concerns of economics into two separate fields: oikonomiks and chrematistiks.
- 7. A Greek word meaning management.
- 8. Encompassed the activities of money-making as well as some aspects of production.
- 10. ____ Smith, recognized as the founder of Classical School, constructed an explanation on how social behavior is regulated.
- 11. David _______'s most famous work, Principles of Political Economy and Taxation.
- 12. The term _______ Faire meant that the only legitimate form of government revenue derived from the value of land. Also a French phrase meaning "let do".
- 14. He said that with efficient of the Latifunda, it will eventually lead to self-sufficiency.
- 15. He was interested in efficiency .
- 17. "Household-Management"
- 18. An economic concept measured as a ratio of outputs and inputs.
- 19. A Greek word meaning household.
- 20. Dealt with the production and consumption of goods.
Down
- 1. Representation of economic assets, or capital, held by the state (gold, silver, and trade value).
- 2. A group of economists who believed that the wealth of nations was derived solely from the value of land agriculture or land development.
- 5. In 2800 B.C., the Middle East civilization emerged at Iraq, Tigris and _________ river.
- 6. People that wander in large areas and consume resources.
- 9. An economic theory that holds the prosperity of a nation depends upon its supply of capital, and that the global volume trade is "unchangeable".
- 13. He made mention of specialization as the reason for and justification of society.
- 16. In 3000 B.C., the 2nd civilization emerged at India, _____ River.