Economics Part 1 By Persiah Roberts

Edit Answers
12345678910111213141516171819
Across
  1. 2. The owner of DuB´s on Main street is an example of this factor of production.
  2. 3. Examples of this type of economy includes Haiti, Alaska, Canada & Greenland.
  3. 7. A doctor is an example of what factor of production?
  4. 12. **The ¨Invisible Hand¨is linked to this economic system.
  5. 14. **An example of complementary goods are_____.
  6. 15. **The economic regulator in a market economy is:
  7. 16. **Another name for the economic system is ¨mixed economy¨.
  8. 17. People who are risking their own money to start their own business is an example of which factor of production.
  9. 19. The three basic questions each nation must answer are:
Down
  1. 1. The concept behind the ¨Invisible Hand¨ is that there should be ________.
  2. 4. Crops are an example of this factor of production.
  3. 5. The top level of hierarchy in the channel of distribution is the ________ {ex.the farmer}
  4. 6. **An example of nondurable goods is:
  5. 8. Economics is the study of people and _______.
  6. 9. The study of the way a nation(or business or person) uses its limited resources to satisfy unlimited wants and needs is_______.
  7. 10. A forklift is an example of this factor of production.
  8. 11. **An example of a tangible good is:
  9. 13. Money is an example of what factor of production:
  10. 15. The economic system has no private ownership of property or land.
  11. 18. The economic driver in a market economy is: