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Economy and Government


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2.a. Careful, thrifty management of resources, such as money, materials, or labor
5.1.Having or relating to a system of government in which several states form a unity but remain independent in internal affairs.
8.a measure of a country's overall economic output
10.A political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and
11.a resource that earth replaces naturally
12.a form of government in which absolute power is concentrated in a dictator or a small clique b : a government organization or group in which absolute power
13.A state in which supreme power is held by the people and their elected representatives, and which has an elected or nominated president
14.A small group of people having control of a country, organization, or institution.
1.a resource that cannot be replaced
3.One who reigns over a state or territory, usually for life and by hereditary right, especially: a. A sole and absolute ruler.
4.The system by which a nation, state, or community is governed
6.supply as the relationship between the quantity of a good or service consumers
7.decisions regarding investment, production and distribution are based on supply and demand and the prices
9.1.A system of government by the whole population or all the eligible members of a state, typically through elected representatives
12.An economic principle that describes a consumer's desire and willingness to pay a price for a specific good

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