Middle East Economics

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Across
  1. 3. Investment in _______ capital is an investment made in improving an economy's labor force.
  2. 4. a limit on how many goods can be made in another country and sold here.
  3. 5. buy from other countries
  4. 8. Social scientists who study economics. They not only study the different types of economies, but also those factors that allow for economic growth.
  5. 12. In a _______ economy the government decides what goods and services are produced, how much they cost, and who gets them.
  6. 13. sell to other countries
  7. 16. fees or charges a government puts on goods that come from or go to other countries
  8. 17. _______ economy has a low level of income per capita, a high degree of poverty, and a low degree of industrialization.
  9. 19. Economic _______ is increase in the capacity for an economy to produce goods and services.
  10. 20. _______ economy has high level of income per capita, a low degree of poverty and a high degree of industrialization.
  11. 21. Investment in _______ capital: the building of factories, purchase of machinery, improving of infrastructure, and investment in technology serves to increase the output of goods and services resulting in more money flowing in.
  12. 22. how much of a good is available
Down
  1. 1. GDP per _______ is a measure of a country's economic output that accounts for its number of people.
  2. 2. When a country stops buying or selling things with another country either partly or completely.
  3. 6. _______ policies favor their own industries and limiting foreign competition.
  4. 7. Trade _______ barriers are rules that make it harder or easier for countries to buy and sell things with each other.
  5. 9. a group of producers that agree to limit their production and cooperate to raise prices.
  6. 10. this means a country does something very well and makes money from it.
  7. 11. measures the monetary value of nations good and services produced by that nation's economy within a specific amount of time, usually one year.
  8. 14. Organization of the Petroleum Exporting Countries.
  9. 15. _______ economy allows the market to drive economic decisions.
  10. 18. The science of the production, distribution, and consumption of goods and services.