Across
- 3. The total market value of all goods and services produced in a nation each year
- 5. The growing interconnectedness of the world’s economies and cultures
- 7. Goods produced domestically and sold to other countries
- 9. A general rise in prices that reduces the purchasing power of money
- 11. An economic system where businesses and resources are privately owned
- 13. A system combining elements of capitalism and government control
- 14. The amount of a product that producers are willing to sell at different prices
- 15. Where buyers and sellers interact to exchange goods and services
Down
- 1. An economic system where the government owns and manages major industries
- 2. An economic system where the government makes all production and distribution decisions
- 4. The desire and ability of consumers to purchase goods or services
- 6. When companies move jobs or production to other countries to reduce costs
- 8. A tax placed on imported goods to protect domestic industries
- 10. The exchange of goods and services between countries in the global economy
- 12. Goods brought into a country from abroad for sale
