Economics L.M.

4. A law that cuts off trade with another country
6. When countries limit trade to protect businesses from competition
7. The ability to borrow money
8. The type of money a country uses CapitalGoods Goods used to make other goods such as machinery
9. Taxes on goods brought into a Quotas A limit on the number of goods from one country to another country
13. substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gainHuman
16. an economic system combining private and public enterprise
17. the process of concentrating on and becoming expert in a particular subject or skill
18. The ability to buy what you need or want
20. a system that relies on customs, history and time-honored beliefs

1. Income not spent
2. Money coming in for a person or into a business
3. The exchange of goods and services
5. resources people use to produce goods and services
10. an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
11. A fee for using money
12. an economy in which production, investment, prices, and incomes are determined centrally by a government
14. coming in to our country
15. intangible asset or quality not listed on a company's balance sheet
19. going out of our country