Across
- 3. The 3 basic economic questions each nation must answer are:
- 4. The invisible hand is linked to this economic system
- 6. **An example of complementary goods are:
- 7. Economics is the study of people and
- 9. The economic driver in a market economy is:
- 11. **Examples of this type of economy include,haiti,alaska,canada and greenland
- 12. Crops are an example of this factor of production
- 13. An example of a nondurable good is:
- 15. The concept behind the ¨invisible hand¨ is that there should be
- 17. The top level of the hierarchy in the channel of distribution is the
- 20. This economic system has no private ownership of property or land
Down
- 1. The economic regulator in a market economy is:
- 2. A doctor is an example of which factor of production
- 5. People who are willing to risk their own money to start their own business is an example of which factor of production
- 8. The owner of dub´s on main street is an example of this type of production
- 10. Money is an example of which factor of production
- 14. An example of a tangible good is:
- 16. The study of the way a nation(or business or person) uses its limited resources to satisfy unlimited wants and needs
- 18. A forklift is an example of this type of production
- 19. Another name for this economic system is mixed economy
