Economics Vocabulary

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Across
  1. 4. money given over a period of time that must be paid back
  2. 5. What you have to give up in order to get something
  3. 8. Describes the process of goods leaving a country
  4. 11. something that is used to make someone behave in a certain way
  5. 12. Describes the process of goods coming into a country
Down
  1. 1. an economic system where the means of production are publicly owned and the government distributes(Communism)
  2. 2. an association of workers bargaining for benefits
  3. 3. an economic system where the means of production are privately owned (capitalism)
  4. 6. an economic system where resources are distributed between families
  5. 7. Different businesses fighting to get consumers
  6. 9. entrusting another company to work on a project
  7. 10. goods traded at negotiated rates