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Economic Vocabulary

Across
Some decisions are left to individuals and some are made by the government.
Anyone who organizes, manages, and takes on the risk of a business.
A level of material comfort in terms of goods and services available to someone.
Taxes places on imported goods.
The GDP is the total market value of the goods and services produced by a country's economy and compare it to other economics.
Something that restricts trade such as tariffs and embargos.
A ban on trade with another country.
The set of skills which an employee acquired on the job, through training and experience.
Economics decisions are left to individuals and some are made by the government.
Having more than enough of a product or resource.
Down
Restrictions on the amount of a good that can be imported into a country.
Relies on the individuals and bussinesses to make economic decisions.
Economic decisions are based on customs handed down from generation to generation.
Concentrating on one area of work.
Factories and machinery used to make a product.
Not having enough of a product or resource.