Across
- 3. short supply
- 4. System an economic system where the government determines which goods should be produced and how much should be produced
- 7. trading materials
- 8. Enterprise an economic system in which private businesses operate in competition and large free of state control
Down
- 1. and Demand amount of a product available and the desire of the buyer to purchase it
- 2. system traditions, customs, and beliefs help shape the goods and services the economy produces as well as the rules of production
- 5. System an economic system in which decisions and prices are based solely on interactions between individuals and businesses
- 6. the difference between the amount earned and the amount spent in producing something