Across
- 4. There are not enough resources to meet our needs and wants
- 6. The study of how people make choices because of scarcity
- 8. The government is in complete control of the economy. _____ economy
- 9. Government leave the capitalists alone to run their businesses as they like
- 11. A type of economics that studies the country as a whole
- 13. A set of rules used to determine how to allocate scarce resources:economic __
Down
- 1. Due to the scarcity of resources, people have to make a lot of _____.
- 2. Things we would like to have
- 3. Individuals make all of the economic choices in this economy
- 5. Things we need to survive
- 7. It is a combination of a market and a command system.
- 10. A type of economics that studies the behaviour of individuals
- 12. Every choice has an ____ cost.