Topic 1 Application Crossword

Which economy is based on customs and historical precedent? It's methods of consumption and production have remained the same throughout generations.
In this economy, the consumers make the decisions of what, how, and for whom goods and services are being produced without much interference from the government.
Early economist who believed that the free market system was the best way to organize the economy.
This economy is an economic system that is controlled by a powerful government. The government officials decide what, how, and for whom goods and services are made
This individual's writings provided the ideology behind many command economies.
Which economy combines the competition, self-interest, and profit motive of free market economies with the government regulation and restrictions of command economies?
Which economy is the United Kingdom and example of?
An individual's right to answer the three basic economic questions without interference from the government.
What kind of freedom is directly related to the amount of economic freedom a nation has?
What is modern example of a command economy?
The expansion of free _________ is one of the main foreign policy goals of the United States.
Free trade increases the __________ standards of living worldwide.
The goal of this free trade agreement was to eliminate free trade barriers, promote fair competition, and increase investment opportunities among the Mexico, the U.S., and Canada.
This free trade agreement administers free trade agreements by handling various disputes and providing a forum for member nations to negotiate.
__________ may be imposed in the name of national defense. They may also be used to protect key groups of people, such as workers in a particular industry, or companies that would suffer from international competition.
The __________ economy is increasingly interconnected, with most businesses in the United States and Virginia becoming multinational in their quest for resources, labor, markets, and profits.
Some groups profit from increased ___________ trade, while others lose more than they gain.
______ created a free trade zone among Canada, Mexico, and the United States.
Both Democratic and Republican leadership have worked to reduce _______ to international trade over the last few decades.