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Gov Chapter 1.3

Across
System which gov. regulates private enterprise
A socialist committed to democracy but wants gov. to distribute wealth
System which gov. owns the basic means production,distribution,wages services like health care.
System which buyers and sellers make free decisions in the market place
Capitalists who won the means of production
Central government directs all major economic decisions
Down
Workers who produce the goods
Study of how people n nations use limited resources to satisy wants and needs
The oppurtunity to control one's own economic decisions
Government controls the factors of production
Philosophy that gov. should keep hands off the economy
System that emphasizes freedom of choice and individual incentive