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U.S. Economics H161 Week 7 Lesson 2
5
market : The free- ___ is defined as the voluntary exchange of goods and services between free and self-responsible individuals.
involuntary : Illegal forms of ___ exchange include theft, fraud, robbery, and embezzlement. It can also take place on a national or collective basis such as mass plunder, pillage, and enslavement.
legal :___ forms of involuntary exchange include taxation, forced sale of property based upon condemnation or eminent domain, nationalization of industry, and government wage and price controls.
plunder : Frederick Bastiat states "Legal ___ occurs whenever the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong."
choice : It is the freedom of individual ___ that makes the free market so efficient and productive. It is this freedom which makes the free market free, and this freedom makes it moral.
U.S. Economics H161 Week 7 Lesson 2
Across:4. | Illegal forms of ___ exchange include theft, fraud, robbery, and embezzlement. It can also take place on a national or collective basis such as mass plunder, pillage, and enslavement. | 5. | The free- ___ is defined as the voluntary exchange of goods and services between free and self-responsible individuals. |
| | Down:1. | It is the freedom of individual ___ that makes the free market so efficient and productive. It is this freedom which makes the free market free, and this freedom makes it moral. | 2. | ___ forms of involuntary exchange include taxation, forced sale of property based upon condemnation or eminent domain, nationalization of industry, and government wage and price controls. | 3. | Frederick Bastiat states "Legal ___ occurs whenever the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong." |
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PuzzleFast.com, Noncommercial Use Only
U.S. Economics H161 Week 7 Lesson 2
Across:4. | Illegal forms of ___ exchange include theft, fraud, robbery, and embezzlement. It can also take place on a national or collective basis such as mass plunder, pillage, and enslavement. | 5. | The free- ___ is defined as the voluntary exchange of goods and services between free and self-responsible individuals. |
| | Down:1. | It is the freedom of individual ___ that makes the free market so efficient and productive. It is this freedom which makes the free market free, and this freedom makes it moral. | 2. | ___ forms of involuntary exchange include taxation, forced sale of property based upon condemnation or eminent domain, nationalization of industry, and government wage and price controls. | 3. | Frederick Bastiat states "Legal ___ occurs whenever the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong." |
| |
© 2015
PuzzleFast.com, Noncommercial Use Only