Across
- 2. Materials from the Earth used to produce goods and services
- 4. Money earned after subtracting expenses from revenue
- 7. System where the government controls all aspects of production and distribution
- 9. Economic system where all property and wealth are communally owned
- 10. Amount of a good or service available for purchase
- 12. System of exchange where goods or services are traded directly, without money
- 14. Economic system based on supply and demand, with little government control
- 15. Wealth in the form of money or assets, used to generate income
- 17. Economic system based on customs, traditions, and inherited roles
- 18. Market structure where a single company controls the supply of a good or service
- 19. Amount of a good or service that consumers are willing to buy
Down
- 1. Amount of money needed to purchase a good or service
- 3. Economy based on production for personal consumption, not trade
- 5. System where private businesses operate with little government control
- 6. Rivalry between businesses to attract customers
- 8. Human effort used in production, often in exchange for wages
- 9. Economic system based on private ownership and profit motive
- 11. Economic system where the government makes all economic decisions
- 13. Economic system based on collective ownership and equal distribution
- 16. Economic system that combines elements of market and command systems