Across |
2. | The factories and machines used to make goods |
4. | Any action by a country that slows or stops trading (2 words) |
7. | Most countries have aspects of three economic systems, they are called... |
8. | Where are most OPEC nations located? (2 words) |
10. | The economic term for money |
13. | Due to a lack of oil this country depends on technology rather than natural resources |
15. | Oil profits have paid for modern technology and services in this country |
16. | The government of this country is inefficient and poorly organized, this causes problems for their state-run oil industry |
17. | Converting on country's currency to another country's currency (2 words) |
21. | someone who is willing to take a risk to begin a new business |
22. | This country has used its oil profits to pay for improvements in transportation, education, health care, and agriculture. |
23. | Most countries have found they need both free market and some gov't. control, we refer to these as _______ economies |
24. | In this economy decisions are made by consumers and the market |
25. | Saudi Arabia speializes in the production of...(3 Words) |
26. | Economic decisions are made by government planners |
28. | tax placed on goods coming into one country from another |
30. | formal halt to trade with a particular country for economic or political reasons |
32. | When OPEC limits oil production what happens to the price of oil? |