Written Work 1: Lesson 7

Horizontal Words

1. refers to a network of commercial organizations. (20)
3. primary form of exchange among the individuals. (11)
5. refers to a group of people sharing similar culture and political history. (6)
7. the ability to exercise one’s will over others. (5)
9. it is also known as capitalism, free-enterprise economy. (14)
11. ______is not part of exchanges and distributions. (5)
13. it is not part of exchanges and distributions. (5)

Vertical Words

2. an economic system wherein goods and services are produced. (15)
4. a type of leadership based on the personal attachment of the subordinates. (21)
6. the basis of a legitimate government (9)
8. the expectation that the giver will be compensated is anchored on social trust (20)
10. political and economic power is exercised by a _. (13)
12. a social institution that organizes the production, distribution and consumption (7)
14. individuals are made to follow group decisions through ___ such as gossiping. (17)