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Ch 13- The Economy

Across
A giant corporation composed of many smaller corporations
An economic system in which natural resources and the means of producing goods and services are privately owned
The governments bestowal of money grants, tax breaks, or other favorable treatment to corporations
An economic system in which natural resources and the means of producing goods and services are collectively owned
Organizations of workers that seek to improve wages and working conditions through various strategies, including negotiations and strikes
Economic activity that crosses national borders
A capitalist marketplace characterized by the dominance of hierarchical, bureaucratic corporations
An organization with a legal existence, including rights and liabilities, separate from that of its members
The part of the economy that draws raw materials from the natural environment
The part of the economy that involves services rather than goods
A hypothetical economic and political system in which all members of a society are socially equal
The part of the economy that transforms raw materials into manufactured goods
Down
Economic activity involving income not reported to the government as required by law
Earning a living without being on the payroll of a large organization
The social institution that organizes a society's production, distribution, and consumption of goods and services
The domination of a market by a single producer
An economic and political system in which companies are privately owned but cooperate closely with the government
An economic and political system that combines a mostly market-based economy with extensive social welfare programs