Across
- 4. Pilgrim governor who helped the Plymouth colony to survive.
- 9. Type of economy based on customs, heredity, and caste.
- 12. Taxes that governments apply only to imported goods.
- 13. Division of tasks that allows the production of goods by people doing the jobs they do best.
- 15. This type of economy emphasizes the role that information plays.
- 18. 1st Secretary of the Treasury for the United States.
- 19. Tangible item that people want and for which they will pay.
- 20. Any work that contributes to the production of goods and services.
- 22. Economic system that Governor Bradford found contrary to the word of God.
- 24. Establishment of colonies & territories to benefit a mother ocuntry.
- 27. Aim of this economic system was to hoard as much gold/silver as it could to benefit the state's treasury.
- 28. Founder of modern economics.
- 30. People who work to provide goods.
- 32. Type of economy also known as a planned economy.
- 34. Largest and most prosperous city in Scotland in the 18th century.
- 38. Author of Robinson Crusoe.
- 39. Anything used in the production and distribution of goods and services.
- 40. "Let things alone"; idea that nation's economy is best served with few government regulations.
- 42. Intelligent direction and supervisor of natural and human economic resources.
- 43. Amount of an item available for sale at any given time.
- 44. Economic system based upon collective ownership & control of many or most national resources.
- 45. Intangible goods produced by labor for which people expect to pay.
Down
- 1. Old word for the bad habit of spending more than one can afford.
- 2. Economic success or the condition of enjoying many goods and services.
- 3. Group of American settlers that began their economy out of almost nothing.
- 5. Who said, "Experience is a hard master, but fools will have no other"?
- 6. Considered to be one of America's early "captains of industry".
- 7. Worth that customers attach to a certain item.
- 8. Limited availability or the lack of something.
- 10. Comes from the Greek meaning "house law"; study of the choices made in the production, consumption, & distribution of goods.
- 11. The type of economics that deals with specific components within a major economy.
- 14. These philosophers favored a "natural" economy.
- 16. Sometimes considered the 5th factor of production.
- 17. People who use goods.
- 21. Usefulness of a good.
- 23. An economy that combines a good measure of the free market and a good measure of government regulation.
- 25. Amount of a product bought for a certain price at a certain time.
- 26. Human desire to have and use a certain product.
- 29. The type of economics that is the study of national and international economies.
- 31. This type of property is the result of creative labor, and may include rights to a song or a written work.
- 33. Economic system where individuals and businesses are allowed to make private and individual decisions.
- 35. Economic system that provides barely enough to keep a society alive.
- 36. Seek to show relationships among the various components out of an economy.
- 37. Resources that include land and other raw materials.
- 41. Value of all things that people own.