Across
- 1. system in which government has SOME factors of production
- 3. certificates that could be used to perchase gov-owned property
- 7. system in which private citizens own the factors of production
- 9. central planning authority in Soviet Union
- 11. japanese firms joined to regulate competition
- 12. market in which goods/services are sold illegally
- 14. __ economy, economic system in which economic activity follows custom
- 15. __ systems, organized way a society provides for its needs+wants
- 16. place where buyers and sellers interact
- 17. market __, system in which supply, demand, prices help people allocate resources
- 18. __-__ plan, used by Soviet Union and China to coordinate development
- 19. intensive production process
- 21. shift from private-owned to gov-owned
- 22. factors of production are collectively owned
- 23. __ depression, worst period of economic decline in US
Down
- 2. forced common ownership of factors of production
- 4. independent polish labor union
- 5. conversion of state-owned into private-owned
- 6. __ leap forward, China's 2nd 5 year plan
- 8. __ density, number of people per square mile
- 10. fundamental restructuring of Soviet economy
- 13. __ per capita, gross domestic product on a per person basis
- 17. european union estblished in 1993
- 19. __ economy, system characterized by a central authority
- 20. __ economies, system that has some combination of other systems
