mental map

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Across
  1. 2. An economic system where the government controls some businesses and services to ensure equality.
  2. 6. A tax placed on imported goods.
  3. 7. total value of all goods and services produced in a country in one year.
  4. 11. Capital : Per person; usually used when talking about averages.
  5. 12. When income or revenue is greater than spending.
  6. 14. Goods or services brought into a country for sale.
  7. 16. Trade Organization (WTO)
  8. 17. American Free Trade Agreement (NAFTA)
  9. 18. An economic system where private individuals own businesses and resources.
  10. 19. The system of how money is made and used within a country or region.
Down
  1. 1. Product (GDP)
  2. 3. international organization that helps regulate and promote trade between countries
  3. 4. When spending is Surplus
  4. 5. The exchange of goods, services, or resources between people or countries.
  5. 8. woods or services sent to another country for sale.
  6. 9. agreement between the U.S., Canada, and Mexico to reduce trade barriers.
  7. 10. A political and economic system where the government owns all property and controls all resources.
  8. 13. A limit on the amount of a product that can be imported or exported.
  9. 15. than income or revenue.