Economics Systems

3. the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
8. money deducted from a persons paycheck by the government in order to fund different government projects
9. sole control of the supply of a good or service
10. the governments actions concerning the rate of interest on borrowed money and the amount of money in circulation
12. an economic system based on tradition and historical precedent, these tend to occur in poorer countries, however canada has aspects of this type of economy

1. the amount by which the cost of a country's imports exceeds the value of its exports
2. an economic system in which the government makes most or all decisions on the production or consumption of goods or services
4. an economic system that blends aspects of multiple economic systems, the kind of economy the US has
5. an economic system in which individuals are able to make most decisions on production and consumption of goods and services
6. a portion of earnings of an individual that is paid to the government, only paid by employers
7. giving up one benefit or amount of something, in exchange for another benefit or an amount of something in return
8. a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization
11. An agreement that is forcible by law