Economics Study Tool Word Scramble
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| Question | Answer |
| Command Economy | Government makes all the economic decisions (production, price, etc.) |
| Market Economy | Producers and consumers make all the economic decisions. Desicions are based on supply and demand. |
| Traditional Economy | Economy based on historical practice and time-honored beliefs. |
| Mixed Economy | Some decisions are made by the government, while other decisions are made by producers and consumers. |
| Human Capital | The value of the skills a person possesses. |
| Voluntary Trade | Trade between buyers and sellers without restriction. It's based on their decisions. |
| International Trade | Trade between countries. |
| Industrialization | Development of manufacturing (factories) in a country. |
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