World Geography Vocab

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Across
  1. 3. Economic system where people freely produce and buy what they want
  2. 5. The creation of a single global economy and community
  3. 7. The resources provided by nature that people use to create goods and services
  4. 10. The foundation upon which businesses operate
  5. 13. Farmers that grow only enough food to provide for themselves and their immediate families to eat.
  6. 14. Sector of the economy that extracts or harvests products from the earth
  7. 15. A group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries
  8. 16. Groups of countries with no tariffs or quotas
  9. 17. Amount of goods needed or wanted
  10. 19. tariffs levied on imports to protect the domestic economy rather than to raise revenue.
  11. 21. money that remains after the costs of running a business are paid
  12. 22. The process by which a company hires other companies to perform some of its work
  13. 23. Level of economic activity involving the production of foods and the extraction of resources
  14. 24. production, for sale , of goods at home
  15. 27. The industrial sector of an economy that is dominated by the manufacture of finished products
  16. 28. Type of economy, where the government owns and operates all business and commerce.
  17. 29. Sector of the economy that consists of intellectual activities, such as government, culture, libraries, scientific research, education, and information technology.
  18. 30. A person who brings together and organizes a business
Down
  1. 1. An original economic system in which traditions, customs , and beliefs shape the goods and the products the society creates
  2. 2. Goods from foreign countries brought into a country for use or sale
  3. 4. the ability of an individual or group to carry out an economic activity, such as production, at a lower cost and with optimal efficiency
  4. 6. Goods and services sold from one country to other countries
  5. 8. Goods Made, not to consume, but to produce other goods and services
  6. 9. Amount of products available
  7. 11. All the human labor required to produce something
  8. 12. Resources that are used to produce goods and services
  9. 18. The idea that each region tends to make certain types of goods
  10. 20. a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole
  11. 25. Acronym for zones designed to attract foreign companies and investment to areas of China
  12. 26. A shortage of product