Ch 13 ewie economics Crossword
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
 
 
Down: 1) advanced; creates competiton5) system where the gov makes all economic decisions7) economy where economic decisions are based on culture and traditions8) combo of the three basic economic systems12) anything produced in an economy that is used to produce other goods and services15) practical application of science to commerce or industry17) when products are sent out Across: 2) mixed- some decisions made by people, some by government, some by traditions free enterprise- nearly all economic decisions made by people, few made by government3) market4) a way to start or grow a business by putting money into it6) amount9) in a market economy, there is an incentive to do better to make more money. goal: make as much money as possible10) system in which people make own basic economic decisions11) capital, entrepreneur, land and labor13) people's wants always outweigh resources14) difference between total cost of production and total revenue16) a system in which economic decisions are made by the people18) highest value benefit given up when a choice is made19) when goods or services are bought20) capital, entrepreneur, land and labor21) system where individuals in a market economy make economic decisions are made by the people with little or no control from the government22) needs can be fulfilled; wants will never be23) answer question in head24) goods used to produce other goods or services25) traditional- community market- people command- government26) mixed
 

 

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