Economy

3. economy where everything is controlled by a powerful government
5. economy where individuals decide what goods and services should be produced
9. _____ increase the supply of potential workers
10. author of the wealth of Nations
11. hands off economy
12. ____ occurs when a business delegates certain responsibilities to a third party company
13. an economy that combines both free market economy and command economy

1. should they be produced
2. what ____ ___ ________ should be produced?
4. the economy answers the three basic questions of economy by saying what has been done in the past
6. the founder of the communist theory
7. ___ should they be produced
8. practice where an American business is outsourcing work to a third party company in another country