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Latin American Economics Vocabulary

Name __________________________________

Class Period ______
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Across
2
An organization or group who controls the price of a product on the world market
5
Goods brought in from other countries
6
These countries are working towards becoming more advanced
9
Used to measure a country's wealth
10
Slows down trade
12
State of being poor/needy
15
Gifts of nature
16
Limited supply of something; this causes prices to increase
18
Individuals make all decisions in this economy type
19
Based on trade and customs
22
Everything people need to produce new goods or services
23
Stops all trade with a country
24
No trade barriers allowed
Down
1
Education & skills of workers
2
Government makes all decisions in this type of economy
3
These countries have modern cities, good roads, advanced technology, and strong economies
4
Another word for money
7
Business owner
8
Goods sent to other countries
11
These are a mix of market, command, and traditional types
13
Free trade agreement between Mexico, Canada, & U.S.
14
Once the world runs out, it's gone forever
17
Solar energy is an example of this type of resource
20
Tax
21
Limit on imports