Across
- 4. skills and education that help people contribute to the economy
- 5. people produce only what they need to survive by farming, hunting, or gathering
- 7. when trade with a country is forbidden completely
- 9. within or inside a country
- 11. the work force (or employees) needed for industries
- 12. to control or manage by rules and regulations
- 13. the percentage of people over age 15 who can read and write
- 15. the development of an increasingly worldwide economy in which countries depend on one another for economic growth
- 16. refers to factors that involve money, business, and/or trade
- 17. resources from the land used to make other products
- 20. money given by the government to a domestic industry/business so that the price of a good or service can compete with imported goods
- 22. the availability or amount of a good or service
- 23. the way money from one country can be converted to the currency of another country to pay for goods
- 25. selling and shipping goods to another country
- 26. buying and shipping goods from another country
- 27. to put money into something in hopes of making a greater profit
- 30. the ability of people in a society to make economic
- 32. a type of business that uses factories to manufacture goods
- 33. a restriction on the amount of an imported good
- 34. the need or willingness to buy a good or service
- 35. per person (usually used with GDP, as in GDP per capita)
- 36. economic decisions are based on what people want to sell and buy (supply and demand)
Down
- 1. from outside a country (from another country)
- 2. relying (or depending) on various resources to fuel the economy
- 3. factories, machines, and technology
- 6. the basic physical and organizational framework needed for a society to function (such as buildings, roads, power supplies, etc)
- 7. the range of economies from pure market systems to pure command systems
- 8. the total value of goods and services produced within a country over one year
- 10. anything used to produce goods and services, like cotton, wood, seeds, iron, etc.
- 14. an economy that falls somewhere in between a pure market and pure command economy
- 18. the degree of wealth and economic comfort that people in a country experience
- 19. choosing one specific skill or product to pursue over others
- 20. the state of being short in supply; a shortage
- 21. economic punishments forced on a country to achieve a political goal
- 24. an obstacle introduced to reduce trade, usually to make a political statement or to protect domestic industries from foreign competition
- 25. the ideas, innovation, and risk involved in starting a business
- 28. a tax on imported goods
- 29. the benefit that is missed or given up when an investor, individual or business chooses one alternative over another
- 31. the government controls all factors of the economy