Economics Economic Systems

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Across
  1. 2. PRICE High government limt
  2. 3. Fruit and sports equipment, for example
  3. 7. Private cost plus external cost
  4. 8. PRICE Low government limit
  5. 10. Tobacco, Alcohol, for example
  6. 13. Provide goods or services.
  7. 15. Controlled by government
  8. 17. Government getting involved.
Down
  1. 1. Polution, public health, for example
  2. 4. Owned by individuals and firms
  3. 5. Driving force of Market Economic system
  4. 6. Can't charge people for some services
  5. 9. FAILURE Risk of market system
  6. 11. COST Next best option forgone.
  7. 12. Government help.
  8. 14. Need or want for goods or services.
  9. 16. Too much