Across
- 2. Refers to financial wealth, especially that used to start or maintain a business.
- 5. A system of government by the whole population or all the eligible members of a state, typically through elected representatives.
- 6. An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
- 8. System, An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.
- 9. value of money that is used up to produce a good or deliver a service, and hence is no longer available for further use.
- 12. When the overall level of prices in the economy is rising.
- 14. market, The free market is an economic system based on supply and demand with little or no government control
- 15. Legal proceeding involving a person or business that is unable to repay outstanding debts.
Down
- 1. The wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
- 3. A political and economic system where a landowner granted land to a vassal in exchange for homage and military service.
- 4. Financial institution licensed to receive deposits and make loans.
- 6. Political and economic system that seeks to create a classless society in which the major means of production, such as mines and factories, are owned and controlled by the public.
- 7. Populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production.
- 10. Nation or territory considered as an organized political community under one government.
- 11. A market structure characterized by a single seller, selling a unique product in the market
- 13. Trade, Policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports).
