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Economic Terms

Horizontales
Deciding how much to do
An event in which people compete
Focus what we do well
The things you do have effects on the (BLANK)
(BLANK) are where most trade takes place
Where to parties make a (BLANK) reinforced by law
economy where the government imposes few or no restrictions and regulations on buyers and sellers
Forces people to make trade offs
Making a choice when benefits outweigh costs
Verticales
an economy in which production, investment, prices, and incomes are determined centrally by a government.
When the (BLANK) lets the economy do almost anything
Where one is motivated to make (BLANK)
is an original economic system in which traditions
People respond to (BLANK) in predictable ways
an economic system combining private and public enterprise.
How one uses a resource and how they own it
You can buy and sell whatever you want