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Economic Systems

Across
Contest between businesses or individuals
Aid for those in need
Limited resources and unlimited wants
Another name for capitalism
People and private businesses own and control production
Government leaders give the answers to the three basic questions
Pushes us to do what is best for ourselves
The Father of Modern Economics
Something that is passed down from one group to another
When a person, country, or regions works on making one part of an item
A place where people can buy and sell
Something that makes a person take action
Money left over after all cost of production have been paid
Down
People who lived before you did
Form of socialism based on teaching from Karl Marx
Large scale production of basic items
Blend of economic systems
Governments in which citizens take part
People have no rights
Person who runs a business