Across
- 3. Giving up one thing to gain another
- 5. German philosopher who criticized capitalism
- 6. Freedom to produce and consume goods
- 9. Economic system based on customs and traditions
- 11. Limited resources vs unlimited wants
- 13. Economic system with private ownership
- 14. System combining private business and government regulation
Down
- 1. Master coach of swimming and volleyball
- 2. Money left after costs are paid
- 4. Economist who promoted free markets in the 20th century
- 7. Father of economics; promoted the invisible hand
- 8. System where consumers and businesses make decisions
- 10. Father of son Trevor, who was born while he was climbing Mt. Everest
- 12. Government-controlled economy