Social 10-2 Chapter 8 Terms

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Across
  1. 3. an economy in which government does not interfere in business activities
  2. 5. stories set in a specific time and place in history, sometimes using historical characters
  3. 6. a person who sets up or finances a new business or industry to make a profit
  4. 8. a Eurocentric economic policy whereby European monarchs increased their wealth through international trade
Down
  1. 1. an economic system based on free markets, private ownership of business, and industry, and the profit motive
  2. 2. the shift of a country’s major economic activity from agriculture to manufacturing
  3. 4. when a monarch grants a company sole right to gather and trade in a particular good or a company with no competition
  4. 7. the exchange of raw materials, goods, and services among distant groups of people