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Econ 1-2 and Travel Posters '23

Horizontales
This travel poster shows a city which was destroyed by a volcano (please note the spelling)
This travel poster shows a German castle
The travel poster for Singapore has this animal on it
The fact that consumers ultimately make the decisions in a market economy is known as consumer
The production possibility frontier shows how much can be ____ in a nation
The White Tower can be found in this nation
This group of people ultimately determines the products that a free enterprise economy produces
What is given up when making a decision is opportunity
A person who takes a risk in organizing the factors of production in an effort to make a profit is
The only fictional travel poster
A factor of production, human effort
Machines would be an example of _____ capital
A type of economy which relies on custom
In the travel poster for Rome, this animal is sitting on the back of the scooter
The travel poster for Spain has this animal on it
This travel poster shows a near island named for this saint
This travel poster shows a monster from this country
For something to have value, it must have
Verticales
The power of the government to seize private property for public use is ____ domain
An important characteristic of free enterprise
The land of the Midnight Sun
He wrote "The Wealth of Nations"
A political system in which the government owns and controls all resources and means of production and makes all economic decisions
An economic side effect of a good or service that generates benefits or costs to someone other than people directly involved
A factor of production, tools of production
This term comes from the Latin root which means to "pluck out"
This term comes from the Latin root which means "of the head"
Education would be an example of _____ capital
A factor of production, all natural resources
In this type of economy, the government makes the major economic decisions
This poster shows a man riding on a bus
Goods which can best be provided by the government
The cost of adding one more unit of production
Economic system which features decentralized decision making
The three basic economic questions are what to produce, for whom to produce it, and ___ to produce it