Modules 5-7 Crossword

In a market economy, the basic economic decisions are diven by ___________.
______________ is not associated with government intervention in the econoy's decision- making process.
In a command economy, the price of goods and serivices is determined by the government.
In a market economy, the prices of goods and services are kept fixed.
Which of the following characteristics doesn't belong to a market economy? Government _________ Setting
When parties trade willingly and without coercion, this is referred to as a voluntary ______________.
____________ economy is a system in which the government makes kost of the production decisions.
Market ___________ is a driving force that encourages people and organizations to increase their benefits and reduce their costs.
Private __________ guarantees individuals the right to own individuals the right to own property and use it in any legal way they would like.
Voluntary ___________ occurs when buyers and sellers make informed, rational, and unforced decisions.
__________ economy is a system in which buyers and sellers interact freely and willingly in market transactions.
Not a factor of production. ___________ reasources
Not an example of capital that can be used to produce motorcycles.
Entrepreneus are motivated to invest due to the potential for capital _______.
No one person needs to know how to construct a car in its entirety because of __________.
Which of the following situations is most likely to be a topic in maroeconomics? a decrease in the national ______________ rate.
What is a typical distribution process used with manufactured goods?___________-stores-customers
the chinese agricultural reform increased farmers incentives by allowing them to profit from the surplus production of their leased land.
People tend to work harder when an employer promises to increase their wages. The hard work is an effect of the incentive provided by the __________.
In the U.s. economy, individuals make all the decisions about their __________ and businessess.