Across
- 2. restrictions on a countries ability to trade
- 3. an increase in the production of goods over a specific time
- 8. voluntary exchange of goods or services between countries
- 9. Factories, machines, etc. for business to operate
- 10. tax on imports
- 12. economic choices made by peoples want to buy/sell
- 13. limit put on the number of imports for a country
- 16. getting better at a specific skill
- 18. government order to stop trade with a country
- 19. Economic system with characteristics of both command and market economies
- 20. percent of population who can read/write
- 21. products or “gifts of nature”.
Down
- 1. Completely repressed economic system with total government control
- 4. workers and their individual abilities
- 5. wealth/material available for community
- 6. total value of all the goods and services produced in that country in one year
- 7. a country's economic output per person and is calculated by dividing the GDP of a country by its population
- 11. economic choices made by traditions
- 14. All economic decision are made by the government
- 15. no government involvement in the economy
- 17. trade treaty between USA, Mex., & Can.
- 22. person who risks his/her own money, time, ideas, and energy to start & run a business