ECONOMICS UNIT 1 Part 3

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W K Y D T T C Q H S H I T W B F A N N C Q
U F S T O H K V R P J E N B Y F D J L D K
O W Y M W R N N A P Q Y D J E P N V A B L
I C O M M A N D E C O N O M Y G A G T W L
N H F F H S J Q N X K N G S Y G L A N S P
X T K I M I X E D E C O N O M Y J O W T N
G L A B O U R W L X P H C E S M T F R X Q
N A B W H L F Y B M F J O L U Y N M U V M
U J Y K C A P I T A L P U C G U J S N N H
R G X Y G O N Y A W M K U I L K R K P A J
I B X F R E E M A R K E T E C O N O M Y B
B A S I C E C O N O M I C P R O B L E M T
F I B T Q I Q C S A X S Y S O E C E S W I
H V B W W N O I B T Q C C G X P N H S T C
Q Y N H L K O N V K P V Q E K U X Y G T T
T F G X S C A R C E R E S O U R C E S I N
L E N T E R P R I S E W H S Y U W C J N N
V X M B Y U U G C Q Q Y K Y R Y Y J O B N
C R B N N U T M U A J Q U C E V H L D W G
B V J U U G W Q U R F S A L G U R W D P U
H U U W J J A A K M J U Q O O U U Y H W A

Clues

  • An economy in which what, how and for whom t produce are determined by a state planning process (7, 7)
  • An economy in which what, how and for whom to produce are determined partly through planning and partly through market forces (5, 7)
  • An economy in which what, how and for whom to produce are determined through the forces of supply and demand without state intervention (4, 6, 7)
  • Human resources that are used for production (6)
  • Manufactured goods that are used for production (7)
  • Natural resources that are used for production (4)
  • Resources are scarce but wants are unlimited (5, 8, 7)
  • Resources that are limited or finite (6, 9)
  • Risk taking in the production process (10)

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