Taylor Choice board ch2

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Across
  1. 4. other businesses selling similar things
  2. 7. you own and dispose how you want
  3. 8. resources are owned by the people
  4. 11. how much consumers are willing to buy at a given price
  5. 13. people who buy goods or services
  6. 15. good are produced in a way they have always been
  7. 16. change with the amount produced
  8. 18. have to be paid no matter what
  9. 19. how much a business is willing to supply at a given price
  10. 21. place to exchange hands
  11. 22. how much there is of something
Down
  1. 1. resources are owned by the gov't
  2. 2. the point where supply and demand are equal
  3. 3. situations where everything is balanced and everyone is happy
  4. 5. private ownership of resources
  5. 6. you make decisions indepentently
  6. 9. people who produce and sell things
  7. 10. money you gain after bills are paid
  8. 12. nations plan for answering 3 economic questions
  9. 14. combo of command and market economies
  10. 17. how much consumers are willing to buy and at what price
  11. 20. measure of happiness