Types of Economies

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Across
  1. 1. the ability to read and write in one's native language
  2. 4. a limited supply of something
  3. 5. A system where the economic decisions are made by the government
  4. 7. The total value of goods and services produced by a country in a year divided by the population
  5. 11. the percent of a country's population over the age of 15 who are able to read and write
  6. 12. a person who is willing to take risks by creating a new business or product
  7. 13. Products a country makes best and are in demand on the world market
Down
  1. 2. A system where economic decisions are made by customs & traditions of the past
  2. 3. An economic system that is located on a continuum between pure market and pure command
  3. 6. A system where the economic decisions are made by individuals
  4. 8. the level of wealth and material comfort available to people
  5. 9. A country's buildings, roads, bridges, power grids, etc.
  6. 10. Exchange of goods or services for other goods or services without using money