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Across 2. stems from ritual, habit, or custom (2 Words) 3. an economic system where private citizens own the factors of production 4. a rise in the general level of prices 5. the lowest legal wage that can be paid to most workers (2 Words) 8. the incentive to improve material well-being (2 Words) 11. a federal program of disability and retirement benefits that covers most working people (2 Words) 12. central authority makes decisions about WHAT, HOW, and FOR WHOM to produce (2 Words) 13. a mixed economic and political system in which the government owns and controls some, but not all of the basic productive resources 14. the extent to which persons or organizations are better off financially at the end of a specific period than they were at the beginning 15. people make decision in their own best interest (2 Words) 16. an organized way of providing for the wants and needs of their people (2 Words) 17. an arrangement that allows buyers and sellers to come together to exchange goods and services 18. allow people to own and control their possessions as they wish (3 Words) 19. the struggle among sellers to attract consumers 20. the act of buyers and sellers freely and willingly engaging in market transactions (2 Words)

Down 1. people and businesses carry on their economic affairs freely, but they are subject to some government intervention and regulation (4 Words) 6. combines elements of three other types of economies (2 Words) 7. recognizes the role of the consumer as sovereign, or ruler, of the market (2 Words) 9. an incomd that does not increase evne though prices go up (2 Words) 10. a political and economic system where all property is collectively--not privately owned