Across
- 4. the way people earn and spend money
- 5. the right to make decisions for an individual's business or property
- 7. what consumers are willing to buy at a given price
- 8. the things that people sell
- 11. individuals own businesses and property rather than the government
Down
- 1. the government's job is to protect property rights
- 2. the money received in payment for goods or services (rent, wages, interest, or profit)
- 3. Scottish economist who came up with the idea of Capitalism. He is known as the father of modern economics, wrote the Wealth of Nations, and influenced the Founding Fathers of the United
- 6. a person who makes goods or provides services
- 9. People or businesses offering goods for sale
- 10. the name of Adam Smith's idea of a free market economy