Across
- 2. An economic system where all property and wealth are shared equally among citizens
- 5. An economic system based on customs, traditions, and habits
- 7. How much people want to buy a certain product or service
- 8. Having more of something than is needed or can be used
- 10. The amount of a product or service available for people to buy
- 11. An economic system that combines elements of capitalism and socialism
- 12. The work people do to produce goods or services
- 13. An economic system where businesses are owned by private individuals, not the government
- 14. Work done for others
- 15. Natural resources used in production, including soil, water, and minerals
- 16. An economic system where supply and demand determine prices and production
Down
- 1. Not having enough of something that people want or need
- 3. Physical items that can be bought or sold
- 4. A person who starts and runs their own business
- 6. Money or property used to start or grow a business
- 9. An economic system where the government makes all economic decisions
- 10. An economic system where the government controls and distributes resources