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Economic Systems

Across
A hands-off approach to business by the government
An area where there are not any tariffs, quotas and embargos
The money people use to make trade easier
This is how many consumers want a particular good
A person who risks her/her own money, time, ideas and energy to start and run a business
An economy in which customs and habits of the past decide what and how goods and services are produced, distributed and consumed
The way a country decides what goods and services will be produces, how they will be produced, and who will consume them
The European Union's currency
Down
There are 27 countries in this organization
The total value of all goods and services produced in a country in one year
An economy in which changes in process guide what and how goods and services are produced, distributed and consumed
Has characteristics of command and market economies
The economic level of people in an area
An economy in which the government decides what and how goods and services will be produced, distributed and consumed
A tax on imported goods