economics Crossword Puzzles
Government and Economics 2024-10-17
Across
- A small group of people leads the government.
- Representatives of groups that seek to influence laws and policies.
- One person leads the government and his word is final.
- A period of time and elected official serves for.
- Groups of congressmen brought together to study/investigate a bill.
- The majority of members in a house needed to conduct business.
- The collective term for America's two legislative bodies.
- The first paragraph of the Constitution.
- A technique used to prevent a vote in the Senate.
Down
- A congressman/woman serving in the House of Representatives.
- A King or Queen leads the government.
- How the president indirectly rejects a bill.
- The most common form of proposed legislation. If passed, becomes a law.
- How the president rejects a bill.
- A movement exalting human reason as the best basis for understanding.
- The first government system of the U.S.
- The practice of drawing oddly-shaped district lines for political advantage.
- A government of all the people who take part in passing laws and other aspects of government.
- Voting citizens have sovereignty in the government.
- A congressman/woman serving in the Senate.
20 Clues: How the president rejects a bill. • A King or Queen leads the government. • The first government system of the U.S. • The first paragraph of the Constitution. • A congressman/woman serving in the Senate. • How the president indirectly rejects a bill. • A small group of people leads the government. • A period of time and elected official serves for. • ...
Basic micro economics 2024-08-23
Across
- it represents the satisfaction or pleasure derived from consuming goods and services.
- it measures the how much the quantity demanded or supplied responds to price changes.
- this greek word refers to system or management
- isa market strcture where one firmcontrols the entire market supply of a good or service.
- price the quantity demanded eqauls the quantity supplied.
- this greek word means household
- buys products and sell resources
- refers to foregone value of the next best alternative.
- refers to the market scenario where multiple firms offer similar products,driving prices down.
- this can replaced another good.
- this is a difference between what producers receive and the minimum they are willing to accept.
Down
- father of economics
- individual decision
- buys resources and sell products
- this is used together with another goood, such as printers and ink.
- the compensation for labor redered is called
- the person who manages all the factors of production.
- creation of firms by an output
- cost or benefits of a transaction that affect third paties not involved in the transaction.
- one whose demand decreases as consumer income rises.
- service consumers are willing to purchase at a given price.
- service that producers are willing to sell at a given price.
- economy as a whole
- anything that has functional value
- owned by the states
- one whose demand increases as concumer income rises.
- this is the production toward satisfaction of human needs and wants.
- man-made goods used in productio of other goods and services.
- involves sacrificin one good ot service for nother when resources are limited.
- limited resources
30 Clues: limited resources • economy as a whole • father of economics • individual decision • owned by the states • creation of firms by an output • this greek word means household • this can replaced another good. • buys resources and sell products • buys products and sell resources • anything that has functional value • the compensation for labor redered is called • ...
Economics unit 1 2024-08-22
Across
- The simple state of supply outweighing demand
- Condition where the quantity of a product or service demanded is greater than the quantity supplied at the market price
- An economic system where two forces, known as supply and demand, direct the production of goods and services, they are not controlled by a central authority (like a government) and are instead based on voluntary exchange.
- An economic system where a centralized government controls the means of production and determines output levels
- The willingness and ability of a consumer to buy goods and services at a specific price.
- A significant decline in economic activity spread across the economy, lasting more than a few months.
- The phase of the business cycle where real gross domestic product (real GDP) grows for two or more consecutive quarters, moving from a trough to a peak
- rate The percentage of an amount of money that is paid for its use over a period of time.
- The number of products that a producer or seller is willing and capable to provide to buyers
- Financial motivations for people to take certain actions
- The month in which a variety of economic indicators reach their highest level, followed by a significant decline in economic activity
- A system that relies on customs, history, and time-honored beliefs
- An economic system that combines the elements of a market economy and the elements of a command economy
- People who buy or use goods and services
- A branch of economics that studies the behavior of an overall economy, which encompasses markets, businesses, consumers, and governments
- Attempts to use monetary policy or fiscal policy (or stabilization policy in general) to stimulate the economy
Down
- A model demonstrates how money moves from producers to households and back again in an endless loop
- Of or relating to money or to the mechanisms by which it is supplied to and circulates in the economy
- A market structure that consists of a small number of firms, who together have substantial influence over a certain industry or market
- Money or benefits lost by not selecting a particular option during the decision-making process
- The resources people use to produce goods and services
- Faire An economic philosophy of free-market capitalism that opposes government intervention
- The share of the labor force that is without work but available for and seeking employment
- A stage in the business cycle where activity is bottoming, or where prices are bottoming, before a rise
- Money earned after taking explicit and implicit costs into account
- A market structure that consists of a single seller or producer and no close substitutes
- Demand for a good/service is higher than its availability
- Relating to government revenue, especially taxes
- An activity involving two or more firms, in which each firm tries to get people to buy its own goods in preference to the other firm’s goods
- An action that involves a sacrifice that must be made to obtain a desired product or experience
- A branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms
31 Clues: People who buy or use goods and services • The simple state of supply outweighing demand • Relating to government revenue, especially taxes • The resources people use to produce goods and services • Financial motivations for people to take certain actions • Demand for a good/service is higher than its availability • ...
Economics of Europe 2024-11-14
Across
- Political and economic union of 27 European countries that promotes democratic values and a single market
- To go up, become a higher/larger number.
- The people who make purchases.
- Percentage of people over the age of 15 who can read and write.
- Total value of goods and services produced in a nation in one year.
- An economic system that involves businesses and consumers answering the economic decisions.
- To farm to produce only enough to survive, not producing enough to sell.for an item, rather than in exchange for currency.
- An economic system that involves custom and past ways of doing things answering the economic questions.
- One of the factors of economic growth, paying to upgrade factories and machinery.
- One of the factors of economic growth, business owners risk their own income to start a new business.
- An economic system that involves the government responding to the economic questions.
Down
- To be in a state of short supply.
- Converting one nation's currency into that of another.
- A trade barrier, a limit on imported goods.
- One of the factors of economic growth, paying for training and education for workers.
- A trade barrier, a tax on imported goods.
- One of the factors of economic growth, naturally occurring things in nature.
- To focus on the narrow range of production where you will be successful. Based on skill, or available resources.
- The measure of the quality of life in a nation.
- The people who make the product.
- To go down, become a lower/smaller number.
- An economic system that involves the government, businesses, and consumers to work together to answer the economic questions.
- A trade barrier, a ban on imported goods OR on trade with a specific nation. Often called a sanction.
23 Clues: The people who make purchases. • The people who make the product. • To be in a state of short supply. • To go up, become a higher/larger number. • A trade barrier, a tax on imported goods. • To go down, become a lower/smaller number. • A trade barrier, a limit on imported goods. • The measure of the quality of life in a nation. • ...
economics crossword puzzle 2025-08-10
Across
- Lugar kung saan nagaganap ang transaksyon
- Bayad sa paggamit ng pera
- Ahensiya ng pamahalaan na nagreregula sa kalakalan
- Mga produkto o serbisyong may limitadong supply
- Ang pagpapalitan ng isang bagay para sa isa pa
- Ang kita ng isang indibidwal o negosyo
- Ang kita ng negosyo matapos ibabawas ang lahat ng gastos
- Pampasigla o motibasyon para kumilos
- Ang pinagmulan ng salitang "ekonomiks"
- Ahensiyang nagbabantay sa kalidad ng pagkain at gamot
- Mga bagay na natural na sagana sa kalikasan
- Bayad sa paggamit ng lupa o ari-arian
- Mga bagay na inaasahan sa hinaharap
- Ang halaga ng isang produkto o serbisyo
- Sistema kung saan ang pamahalaan ang gumagawa ng desisyon
Down
- Tradisyonal na sistema ng ekonomiya
- Ang pinakamainam na paggamit ng mga pinagkukunang-yaman
- Ang pagtugon sa reklamo ng mamimili
- Ang halaga ng isang bagay na isinakripisyo kapag pumili ng alternatibo
- Mga bagay na kailangan para mabuhay
- Uri ng ekonomiya na pinaghahaluan ng pribado at pamahalaan
- Pagbabago sa kabuuang halaga kapag nagdagdag ng isang yunit
- ang sistema ng pamamahagi ng mga limitadong pinagkukunang-yaman
- Pagbabayad para sa paggawa ng isang manggagawa
24 Clues: Bayad sa paggamit ng pera • Tradisyonal na sistema ng ekonomiya • Ang pagtugon sa reklamo ng mamimili • Mga bagay na kailangan para mabuhay • Mga bagay na inaasahan sa hinaharap • Pampasigla o motibasyon para kumilos • Bayad sa paggamit ng lupa o ari-arian • Ang kita ng isang indibidwal o negosyo • Ang pinagmulan ng salitang "ekonomiks" • ...
Economics Vocab Review 2025-12-03
Across
- Looking for items that are similar to the one you want to buy
- When a product is easy to find, price goes down
- Something that can be used to make a product or improve production capacity
- rivalry between two different companies
- The work people do to make money
- The person who has the idea to make a product or service, the person who starts a business
- the amount of a product that consumers are willing and able to buy
- The total amount of things a person or group can produce
- A limited amount of money that someone earns for their job
- A plan for how much money to spend
- Money credit card companies charge you if you do not pay your bill in full
- A natural resource used to make a product
- The workers/people that make a product
Down
- Tools/machines needed to make a product
- the person who buys the service or product
- When a product is hard to find, price goes up
- A person who needs to hire someone
- What a person gives up by choosing one item over another
- the person that is making the product or service
- When companies focus on doing one the very well instead of many products or services
- the total amount of a product that is available for sale
- money that is paid to the government
- Someone who has an idea and starts a business
23 Clues: The work people do to make money • A person who needs to hire someone • A plan for how much money to spend • money that is paid to the government • The workers/people that make a product • Tools/machines needed to make a product • rivalry between two different companies • A natural resource used to make a product • the person who buys the service or product • ...
Economics Unit 2 2025-08-27
Across
- No rivals nearby to compete.
- A single seller dominates the entire market.
- Side perks that come with the main benefit.
- Most competitive type of market.
- One firm holds all the tech or rights.
- Where trade happens in secret or against the law.
- Government limits how much you can buy.
- What you give up when you choose one option over another
- Sellers respond quickly to price changes.
- Costs directly linked to the production of a good or service
- Government-imposed price cap.
- Too many buyers, not enough goods.
- You buy it no matter the price—necessities, for example.
- Quantity offered stays steady no matter the price.
- Buyers change habits a lot when prices rise or fall.
- Immediate and measurable positive results.
- Can’t set its own prices—just follows the market.
- Non-physical costs like loss of reputation
Down
- Many sellers, slightly different products.
- Costs not directly traceable to a product (e.g., utilities)
- One firm runs it best—usually due to infrastructure.
- A decision-making tool that weighs pros and cons.
- The lowest legal price you can charge.
- Edges that help beat the competition.
- Only Uncle Sam gets to sell it.
- Competing without changing the price.
- Unseen gains like goodwill or job satisfaction.
- Has control over what it charges.
- Too much product, not enough buyers.
- Just a few companies control most of the market.
- Costs that do not change with the level of production
- Costs that rise as you produce more goods
32 Clues: No rivals nearby to compete. • Government-imposed price cap. • Only Uncle Sam gets to sell it. • Most competitive type of market. • Has control over what it charges. • Too many buyers, not enough goods. • Too much product, not enough buyers. • Edges that help beat the competition. • Competing without changing the price. • One firm holds all the tech or rights. • ...
Economics Crossword Puzzle 2025-11-04
Across
- What was his work about?
- What is Adam Smith known for?
- Where did John M. Keynes get an education?
- Adam Smith is the father of what?
- Where was the World Bank and International Monetary Fund established?
- What did John M. Keynes inspire?
- What year did John M. Keynes die?
- Where did Adam Smith teach?
- How long did Adam Smith live for?
- What is John M. Keynes known for?
- On what did Adam Smith's ideas rest on?
- Where did Adam Smith go to school?
- Until the Great Depression, John M. Keynes was considered a what?
- What happened during World War II?
- What year was Adam Smith's book released?
- What did Adam Smith criticize?
Down
- Why did Adam Smith believe that markets function best with social systems?
- How is the ideal economic system shaped?
- Where was John M. Keynes from?
- After the war what was John M. Keynes?
- What examples did Adam Smith use to critique economic theory?
- How do people improve the economy and general welfare?
- What book did Adam Smith write?
- What caused shifts in the business cycle?
- What did John M. Keynes write?
- What year was John M. Keynes born?
- What did Adam Smith elevate?
- When was John M. Keynes final work?
- What did Adam Smith believe in?
- What was his book about?
30 Clues: What was his work about? • What was his book about? • Where did Adam Smith teach? • What did Adam Smith elevate? • What is Adam Smith known for? • Where was John M. Keynes from? • What did John M. Keynes write? • What did Adam Smith criticize? • What book did Adam Smith write? • What did Adam Smith believe in? • What did John M. Keynes inspire? • Adam Smith is the father of what? • ...
Economics Unit 1 2025-12-12
Across
- rivalry among producers of similar products
- social programs to ease risks beyond an individual's control
- wise use of resources
- the one alternative that you are missing out on when you make a decision
- sometimes designated as the fifth factor of production
- visual representation of the maximum combination of goods/services that can be produced from available resources
- natural resouces needed to produce a good/service
- study of how individuals/societies make decisions to fulfill our needs and wants
- previously manufactured goods to produce a good/service
- condition of not being able to have all goods/services you need/want because they exceed your resources at any given time
- level of importance to you
- anything from land to baseball cards
- all possibilities to exchange for a good/service
- economic system that the government controls the factors of production
- indiduals succeed or fail by their choices
Down
- unit of transaction
- right to pursue business opportunities
- one's willingness to risk going into business
- sellers desire to make money
- using legislative measures so economic policies benefit all fairly
- someone who studies a nation's activity of production, distribution, and use of goods/services
- what is physically lost in a transaction
- economic system that relies on custom
- anagram for how we make decisions
- economic system driven by individual decisions
- material well-being of a group or individual
- human effort
27 Clues: human effort • unit of transaction • wise use of resources • level of importance to you • sellers desire to make money • anagram for how we make decisions • anything from land to baseball cards • economic system that relies on custom • right to pursue business opportunities • what is physically lost in a transaction • indiduals succeed or fail by their choices • ...
Economics crossword puzzle 2025-06-05
Across
- What is the most common type of bank account?
- The production of goods and services is usually determined by consumers and their patterns of spending.
- An increase in the average price of goods and services.
- The law of ______ examines how customers' buying habits change when prices increase/decrease.
- funds you can use for education expenses, such as tuition, books, room and board, and other living expenses while you attend college.
- An _____ rate is calculated by applying a percentage to the amount of the principal being borrowed.
- A _____ refers to a series of stages in an economy as it expands and contracts.
- The _____ describes the process of breaking down tasks so that separate groups or individuals can carry out each task.
- How old can you be to open a bank account
- Without ______, you could get stuck with a huge bill if you have any kind of medical need, from a broken bone to a chronic illness.
- In finance, _____ represents the ownership “share” of an asset or company.
- _____ interest is calculated on the original principal amount and also on the accumulated interest of a deposit or loan.
Down
- A _____ gives you the ability to make purchases now and pay for them later.
- An increase in the quantity and quality of the economic goods and services that a society produces.
- It occurs when demand reduces, and this, in turn, produces results such as reduced prices.
- The ability to borrow money that you promise to repay with interest.
- A group of benefits paid to eligible taxpayers who are retired, disabled, or who survive a relative who was receiving benefits.
- _____ refers to a government's spending and how it affects the economy, particularly if spending levels change.
- anyone (person or business) who uses goods or services
- When a criminal steals your personal information and uses it to commit fraud.
- A branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole.
- A safe place to keep your money, and it earns you interest.
- Nonprofit organizations that are owned by their customers, who are called members.
- A summary of your education, skills, and work experience, that you submit to a potential employer in person
24 Clues: How old can you be to open a bank account • What is the most common type of bank account? • anyone (person or business) who uses goods or services • An increase in the average price of goods and services. • A safe place to keep your money, and it earns you interest. • The ability to borrow money that you promise to repay with interest. • ...
Business And Economics 2025-06-10
Across
- Who you ask for help when your consumer rights are NOT being met
- Something required for your survival
- Helping costumers when buying goods
- Another word for what is being sold
- How you use your money
- Calculating and planning what to do with your money
- Someone who advertises products
- Something to entertain you but its not needed
- I am ______ for a new bike
- What you miss out on when making a decision
- Costumers have ______
Down
- Another word for costumer
- Using your money to make more over time
- Someones occupation/profession they own or work at
- How much the producer is willing to provide
- Another word for what you buy
- SAving up for a new bike is a _____
- How much consumers want of the product
- Money paid to you from your bank for keeping your money in an account
- Person who supplies the products
20 Clues: Costumers have ______ • How you use your money • Another word for costumer • I am ______ for a new bike • Another word for what you buy • Someone who advertises products • Person who supplies the products • Helping costumers when buying goods • Another word for what is being sold • SAving up for a new bike is a _____ • Something required for your survival • ...
business and economics 2025-06-10
Across
- customer
- money the bank gives for have money in an account
- regular payment for doing work
- Consumers ability to purchase a product
- activities that a company proforms
- The right as a consumer
- a car
- shops in flemington
- The stuff you are allowed as a consumer
- something to survive
Down
- Apple
- a person who provides the product
- The cost required for something
- a boat
- Iphone
- money towards something
- The amout of goods
- what we miss out on
- Consumer comission
- Money or organization will earn
20 Clues: Apple • a car • Iphone • customer • a boat • The amout of goods • Consumer comission • what we miss out on • shops in flemington • something to survive • The right as a consumer • money towards something • regular payment for doing work • The cost required for something • Money or organization will earn • a person who provides the product • activities that a company proforms • ...
business and economics 2025-06-10
Across
- customer
- money the bank gives for have money in an account
- regular payment for doing work
- Consumers ability to purchase a product
- activities that a company proforms
- The right as a consumer
- a car
- shops in flemington
- The stuff you are allowed as a consumer
- something to survive
Down
- Apple
- a person who provides the product
- The cost required for something
- a boat
- Iphone
- money towards something
- The amout of goods
- what we miss out on
- Consumer comission
- Money or organization will earn
20 Clues: Apple • a car • Iphone • customer • a boat • The amout of goods • Consumer comission • what we miss out on • shops in flemington • something to survive • The right as a consumer • money towards something • regular payment for doing work • The cost required for something • Money or organization will earn • a person who provides the product • activities that a company proforms • ...
Economics 9 & 10 2025-12-15
Across
- opposite of offshoring
- a business who only hires union members
- operated by a group of individuals for mutual benefit.
- difference in wages earned by various groups in society
- opposite of inshoring
- Owner in general partnership
- a legal name which a business operates under.
- created for supported by donated funds or property
Down
- a business in which workers are required to join a union after being hired
- people and economies are becoming more interconnected
- active member of military are not considered part of labor force
- business owner who buys license and distributes products of franchiser
- recognition that a person is qualified in his or her field.
- someone who has an interest in or affected by company's actions
- a parent company in business franchise
- working at home or different location using phones or computers but connected with workplace
- a share of earnings paid to franchiser or to an inventor,artist for the use of that persons work
- owned by two or more co owner who share profits
- legal responsibility to repay debts and pay for damages resulting from lawsuit
- work once done within company is sent to outside contractors
20 Clues: opposite of inshoring • opposite of offshoring • Owner in general partnership • a parent company in business franchise • a business who only hires union members • a legal name which a business operates under. • owned by two or more co owner who share profits • created for supported by donated funds or property • people and economies are becoming more interconnected • ...
Crossword 1 2025-11-11
Across
- Firm leader
- Household helper from abroad
- Works at construction sites
- Having a quick mind
- Showing concern for others
- Striving for success
- In good physical condition
Down
- Specialist in economics
- Creator of building designs
- Achieving goals despite obstacles
- Having a rich imagination
- Believing in one's abilities
- Staying peaceful
13 Clues: Firm leader • Staying peaceful • Having a quick mind • Striving for success • Specialist in economics • Having a rich imagination • Showing concern for others • In good physical condition • Creator of building designs • Works at construction sites • Household helper from abroad • Believing in one's abilities • Achieving goals despite obstacles
Subjects 2022-02-03
Labour Economics Crossword 2012-12-27
Across
- Employment level, unemployment level, labour force, and unfilled vacancies could be called as.
- Is a contract for a fixed sum to be paid regularly to a person, typically following retirement from service.
- Body of laws, administrative rulings, and precedents, which address the legal rights of, and restrictions on, working people and their organizations.
- Is a system under which people are treated as property to be bought and sold, and are forced to work.
- Rotation of workers across a set of jobs.
- Population that is not included into labour force. Economically...
- Is the point where a person stops employment completely.
- Indicator of labour mobility that reflects number of mobile population.
- Is a contract between two parties, one being the employer and the other being the employee.
- Stock of competencies, knowledge, social and personality attributes embodied in the ability to perform labor to produce economic value.
- Organization of workers who have banded together to achieve common goals.
Down
- Rotation of workers according to physical space.
- Insurance against the risk of incurring medical expenses among individuals.
- Occurs when people are without work and actively seeking work.
- Total hours (adjusted for intensity of effort) that workers wish to work at a given real wage rate.
- Is a financial plan and a list of all planned expenses and revenues.
- Is a measure of the work done by human beings.
- Is remuneration paid by an employer to an employee.
- Form of unemployment that occurs when a worker is searching for, or transitioning from one job to another.
- Is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.
- Process of negotiations between employers and a group of employees aimed at reaching agreements that regulate working conditions.
- Concept that provides certain guarantees for pregnant women.
- Is generally considered an altruistic activity, and is intended to promote good or improve human quality of life, which in return produces a feeling of self-worth andrespect, but financial gain.
- Solicitation for money or food.
- Form of unemployment resulting from a mismatch between demand in the labour market and the skills and locations of the workers seeking employment.
- Is the consumption and savings opportunity gained by an entity within a specified timeframe, that is generally expressed in monetary terms.
- The amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year.
- People who are crippled or otherwise physically handicapped.
- Indicator of labour mobility that reflects intensity of mobility.
29 Clues: Solicitation for money or food. • Rotation of workers across a set of jobs. • Is a measure of the work done by human beings. • Rotation of workers according to physical space. • Is remuneration paid by an employer to an employee. • Is the point where a person stops employment completely. • Concept that provides certain guarantees for pregnant women. • ...
Economics Review Crossword! 2013-04-04
Across
- One of the factors of production; also called resources.
- This negative of capitalism results in a single corporation cornering (controlling) the market on a good.
- One knock of capitalism is that it can create income _______...for example, America's top 1% controls 35-40% of the wealth.
- The amount of money you have from income AFTER taxes/wages/expenditures.
- One positive of capitalism is that is creates _________ between corporations, resulting in better products at cheaper prices.
- An economic system that is capitalist and has NO government input is called _________ capitalism.
- One of the factors of production; this is the term for the actual people who do the work.
- One positive of capitalism is that economic freedom usually means more _________ freedom.
- AN economy that has the government determine pricing is a ______ economy.
- An economic system that is capitalist but controlled by the government is called _____ capitalism.
- The percentage of income that is profit, measured year to year
- An economy that has parts of one economic system and parts of another is a ______ economy.
- America has the _______ highest GDP in the world.
Down
- How much of something is put into the market
- What GDP stands for (GDP is the measure of the total worth of the total goods of the economy THAT YEAR).
- One of the factors of production; this is what we call factories, tools, raw materials, etc.
- An economic theory that private industry should control both land and capital. It is also the primary economic system of America.
- An economic system that is capitalist yet provided healthcare/education to the poor is called _____ capitalism.
- This negative of capitalism happens when a single firm has too much power, resulting in lower wages for employees.
- An economy that uses supply and demand to determine price is a ______ economy.
- How badly (or how much) the public wants an item.
21 Clues: How much of something is put into the market • America has the _______ highest GDP in the world. • How badly (or how much) the public wants an item. • One of the factors of production; also called resources. • The percentage of income that is profit, measured year to year • The amount of money you have from income AFTER taxes/wages/expenditures. • ...
Economics Final Review 2015-06-04
Across
- work done for someone else
- total demand of all consumers for the product or service
- measure of how the quantity supplied of a good or service changes in response to changes in price
- the manufactured goods used to make other goods and services
- buying on emotions
- individual who starts a new business, produces a new product , or improves processes
- markets where the producers offer goods and services for sale
- the alternative you face if you decide to do one thing rather than another
- the ability of a country to produce a good at a relatively lower cost than another country can
- comparing the marginal benefit to the marginal cost
- countries whose average per capita income is only a fraction of that in more industrialized countries
- the quality of life based on the possession of necessities and luxuries that make life easier
- the driving force that encourages organizations and people to improve their material well being
- government should not interfere in the market place
- the cost of the next best use of your time or money when you choose to do one thing over another
- limits on the amount of foreign goods imported
- the consumer determines what products will be produced
- lending money to a company or government
- competition is allowed to flourish with a minimum of government interference
- all the gifts of nature that make production possible
- study of how we make decisions in a world of limited resources
- total of the supply schedules of all businesses that provide the same good or service combined
- an economic system in which private citizens own and use the factors of production in order to seek a profit
- the principle that our marginal utility tends to go down as more units are consumed
- gross domestic product
- theory that tries to explain human economic behavior
- economic decisions are based on custom or habit
- how much something costs
- the additional benefit received when one more unit os produced
- amount of money after all the the costs of production have been paid
- the additional cost of producing an additional unit of output
- the money that remains after all taxes have been paid
- the degree to which resources are being used efficiently to produce goods and services
- what the price of your nations currency is in terms of another nations currency
- a countries way of producing the things its people want and need
- the extent to which a change in price causes a change in the quantity demanded
- physical object/books or automobiles
- quantity supplied and price move in the same directions
- workforce
- inability to pay debts
- borrowing money to pay for something now promising to repay it later
- study of the behavior and decision making of individuals or small businesses
- things you would like to have
- pools of money from many people
- the difference between the value of a nations exports and its imports
Down
- the act of buyers and sellers freely and willingly engaging in market transactions
- occurs whenever we do not have enough resources to produce all the things we want to have
- the money remaining after paying for necessities
- the amount by which the quantity demanded is higher than the quantity supplied
- payment people receive when they lend money
- competing products
- we rely on others and others rely on us to produce different goods or services
- decisions are made in free markets based on the interaction of supply and demand
- a positive balance of trade
- to set aside income for a time so you have it to use later
- things used in making goods and providing services
- the free and willing exchange of goods and services between buyers and sellers
- when supply and demand reach a balance
- major economic decisions are made by the government
- a numerical chart that illustrates the law of supply
- annual cost of credit expressed as a percentage of the amount borrowed
- the various quantities of a good or service that producers are willing to sell at all possible market prices
- the belief that the means of production should be owned and controlled by society either directly or through the government
- table that lists the various quantities of a product or a service that someone is willing to buy over a range of prices
- a maximum price set by the government that can be charged for goods and services
- a graph that shows the amount of a product that would be bought at all possible prices in the market
- we have the right to own and use or discard our own property
- individuals carry on their economic affairs freely but are subject to some government intervention
- resources necessary to produce goods or services
- study of the economy as a whole and the decision making of big industries
- goods purchased from abroad
- breaking down a job into smaller tasks performed by different workers
- you spend on everything
- takes place when people, regions, or countries concentrate on different goods or services they can produce better than anyone else
- tax on imported goods
- markets where productive resources are bought and sold
- desire and ability to buy a good or service
- a negative balance of trade
- money you earn
- required for survival
- products used together
- additional satisfaction from each additional unit consumed
- the struggle between buyers and sellers to sell the best products at the lowest prices
- quantity demanded and price move in opposite directions
- the methods used to make goods and services
- the lowest legal wage that can be paid to most workers
- a movement to educate buyers about the purchases they make and to demand better and safer products from manufacturers
- property or valuable items that a borrower pledges as a security for a loan
- goods sold to other countries
- buying partial ownership of a company
90 Clues: workforce • money you earn • competing products • buying on emotions • tax on imported goods • required for survival • gross domestic product • products used together • inability to pay debts • you spend on everything • how much something costs • work done for someone else • a positive balance of trade • goods purchased from abroad • a negative balance of trade • goods sold to other countries • ...
Introduction to Economics 2015-02-18
Across
- a situation in which a good or service is unavailable
- all human resources used to make goods/services
- physical objects (things)
- skills and knowledge of workers
- when we change what we produce it costs more
- using less than maximum
- all natural resources used to make goods/services
- giving something up every time you make a choice
- maximum productivity, minimum waste
- a graph that shows what goods can be made
- limited quantities of resources
Down
- all human made goods used to make other goods
- the alternative to using one resource over another (opportunity cost)
- maximum possible production of all goods
- the best thing we give up when we make a decision
- resources used to make all goods (land, labor, and capital)
- how people choose to spend money
- actions that people provide for others
- deciding whether to do/use one more unit
- someone who creates new goods or services (includes business owners)
- effort spent on tasks that one is paid for
21 Clues: using less than maximum • physical objects (things) • skills and knowledge of workers • limited quantities of resources • how people choose to spend money • maximum productivity, minimum waste • actions that people provide for others • maximum possible production of all goods • deciding whether to do/use one more unit • a graph that shows what goods can be made • ...
Economics Unit 1 2014-12-10
Across
- общество
- рынок
- важность
- анализировать
- степень
- неограниченный
- современный
- через, посредством
- ограничение
- лежать
- первый из двух названных
- центральный
- производить
- потребление
- обмен
- производство
- планирование
- регулирование
- примирять
- экономика
- слуга
- размещать, распределять
- высокий
- обширный
- уровень
- услуга
- основной
- процесс
- полностью
- решение
Down
- централизованный, нерыночный
- цена
- промышленный
- экономный
- спрос
- ресурсы
- различаться
- товары
- вмешательство
- оптимальный
- свободный
- определенный
- планировать
- правительство
- экономить
- координировать
- последний из двух названных
- оба
- низкий
- потребитель
- экономист
- в основном
- полагаться
- экономическая наука
- экономический
- обслуживать
- оставаться, сохраняться
- наука
- смешанный
59 Clues: оба • цена • рынок • спрос • обмен • слуга • наука • товары • лежать • низкий • услуга • ресурсы • степень • высокий • уровень • процесс • решение • общество • важность • обширный • основной • экономный • свободный • экономить • примирять • экономист • экономика • смешанный • полностью • в основном • полагаться • различаться • современный • оптимальный • ограничение • центральный • производить • планировать • потребление • потребитель • обслуживать • промышленный • ...
INDIAN ECONOMICS(20x20) 2015-08-11
Across
- On recommendation of this committee,economic reforms started in 1991
- Indian Prime Minister who shares his Birthday with Father of the nation
- The purchase of a security, such as a stock or bond.
- Manufactured items used to produce goods and services.
- A tax on an imported good.
- One of the major factor behind Plan Holiday(1966-69)
- The man who saved a billion lives
- The dominant form of economic organization in noncommunist countries.
- First women Prime Minister of India
- New national program designed to transform India into a global manufacturing hub.
Down
- Initiated a widespread compulsory sterilization program
- MODI first head of the niti aayog
- The net accumulation of federal budget deficits.
- Major Programme in 5th FYP
- A certificate reflecting ownership of a corporation.
- One of the biggest exporter city of woolen textile
- Youngest Indian Prime Minister
- The next best alternative that must be given up when a choice is made.
- Another name of centrally planned economy.
- longest serving president in the 125-year history of the Congress party.
20 Clues: Major Programme in 5th FYP • A tax on an imported good. • Youngest Indian Prime Minister • MODI first head of the niti aayog • The man who saved a billion lives • First women Prime Minister of India • Another name of centrally planned economy. • The net accumulation of federal budget deficits. • One of the biggest exporter city of woolen textile • ...
civics and economics 2016-03-03
Across
- a group of people chosen to make laws
- a government in which one leader or group of people holds absolute power
- notion that power lies with the people
- those who opposed ratification of the Constitution
- branch The branch of government that interprets laws
- branch the lawmaking branch of government
- person who moves permanently to a new country
- a system in which government control extends to almost all aspects of peoples lives
- a group of people named by each state legislature to select the president and vice president
- a form of democracy in which the people vote firsthand
- a form of government in which power is divided between the federal, or national, government and the states
- Supporters of the Constitution.
- branch the branch of government that carries out laws
Down
- a government with a hereditary, single leader
- legal process to obtain citizenship
- and duties of members of a state
- a written document granting land
- study of the rights and duties of citizens
- a system of law based on precedent and customs
- a legislature consisting of two parts, or houses
- a government in which citizens choose a smaller group to govern on their behalf
- agreement providing that enslaved persons would count as three-fifths of other persons in determining representation in congress
- agreement providing a dual system of congressional representation
- a government in which citizens hold the power to rule
- to vote approval of
25 Clues: to vote approval of • Supporters of the Constitution. • and duties of members of a state • a written document granting land • legal process to obtain citizenship • a group of people chosen to make laws • notion that power lies with the people • branch the lawmaking branch of government • study of the rights and duties of citizens • ...
Economics Mega Crossword 2016-06-28
Across
- A country that once had a P. economy
- People who have at least $1,000,000,000.
- A job you work at for a long time.
- Work you get paid for
- People who have at least $1,000,000.
- If you get a job, you get h______d.
- You have to follow the l___ as a shopkeeper.
- A famous burger restaurant that is very efficient.
- A business that operates in the school.
- A school run by a private group.
- A job that involves looking after the sick.
- A hospital run by a private group.
- A s_____ economy is where you just survive.
- An example of something necessary for survival.
- C__________ism is an example of a P. economy.
- A s________ is having more than you need.
- A person who studies economics is an _________ist.
- A private law-enforcement service is called s______y.
- Things you could not survive without.
- A small unit of money used in Australia.
Down
- A job where you play a game on an oval.
- A job specialising in teeth.
- People run a b________ to make money.
- A m_______ economy is where people can freely buy and sell
- A system for managing your money
- Dividing up jobs between people
- A special kind of research done on the market.
- A hospital run by the government.
- A p________ economy is where the government decides everything
- A school run by the government.
- What producers want to sell
- What people want
- These are used to encourage people to buy.
- A well-known technology company.
- How much money is coming in.
- Things that can be bought
- Paying for work to be done
- Used to buy goods and services
- A unit of money used in Australia.
- If you lose your job, you get _______.
- Things you could live without.
41 Clues: What people want • Work you get paid for • Things that can be bought • Paying for work to be done • What producers want to sell • A job specialising in teeth. • How much money is coming in. • Used to buy goods and services • Things you could live without. • Dividing up jobs between people • A school run by the government. • A system for managing your money • ...
Home Economics Lilli 2016-10-06
Across
- To cut with.
- pin What is used to roll pizza dough?
- What is the long term for kg?
- To be over your average weight.
- How long it takes to cook?
- This kind of jewelry should not be warn in the kitchen.
- To get the dirty skin off over foods?
- Helps develop growth of your bones.
Down
- used to combined pizza dough?
- What causes food poisoning?
- What do you use to mix/beat/cut/measure ect
- To help you measure.
- to combined all ingredients?
- Where do you cook?
- What is used to shred cheese?
- ingredients and methods.
- What do you use to cook your food in?
- What is used to whip food?
- To mix ingredients.
- What is used to get the lumps and air bubbles out of flour?
- What is the long term for L?
21 Clues: To cut with. • Where do you cook? • To mix ingredients. • To help you measure. • ingredients and methods. • What is used to whip food? • How long it takes to cook? • What causes food poisoning? • to combined all ingredients? • What is the long term for L? • used to combined pizza dough? • What is used to shred cheese? • What is the long term for kg? • To be over your average weight. • ...
economics exam 4 2016-04-06
Across
- of the video game market is geared for children ages 12 and under.
- use of unique physical traits to determine a persons ID
- refering to the fact the the internet isnt equally acceptable 2 everyone
- A condition where a consumer doesn't use a prouct to the full extent to which it is intended to be used.
- contract that provides repairs/maintenance of a product for a specific time period.
- dont deliver the goods as advertised, deliver of something far less valuable, dont deliver on time, fail to disclose relevant info (cracks, missing pieces)
- An attempt 2 control, the net, the process, or policy of control.
- internet always open, good deals, convenience, & lots of selection
- Tips on what to avoid when hiring a contractor to do home repairs/remodeling
- any exchange transaction that takes place on internet
- bodily hurts that occur accidentally when no harm was intended (falls, fire, car crashes)
- In 2006, an estimated ? toy-related injuries were treated in the US hospital ERs.
- create rules for internet use in the home, know what kids r doing online, use with kids, dont allow solitary surfing, if allow 2 meet online buddy in person go with them, dont rely solely on technology as a substitute for you
- state of an ind/grp that keeps info about their lives & activities from public consumption
- a term referring to the difference between an individual's life expectancy & age @ death.
Down
- the act of someone using ur name/personal id (ss#/dl#/cc#)w/o your permission, often to illegally make a profit.
- On budget, on time, capability of finishing the job to the homeowners standards, agreeableness (worked w/ homeowner)
- The number one cause of injury
- bodily hurts that are purposely inflicted either personally or by other people
- use secure connections & websites, shop known brands w/ known companies, keep passwords private, pay by CC, update virus program, keep a record, read companies online privacy policy
- Prime toy is children aged ?
- In 2001, an estimated ? children under the age of 5 were treated in US hospital ERS for injuries associated with nursery products.
- Americans spend an esitmated ? on toys & games each year.
- The number one cause of death
- National highway Traffic Safety Administration NHTSA missions is to save lives, prevent injuries, and reduce traffic-related health care & economic costs by facilitating the development, deployment, and evaluation of safety products & systems.
25 Clues: Prime toy is children aged ? • The number one cause of death • The number one cause of injury • any exchange transaction that takes place on internet • use of unique physical traits to determine a persons ID • Americans spend an esitmated ? on toys & games each year. • An attempt 2 control, the net, the process, or policy of control. • ...
Economics Unit 1 2018-02-14
Across
- Points outside the line on a PPF
- Quantity demanded exceeds quantity supplied
- Points inside the line on a PPF
- A limited resource
- The study of the economy as a whole, global
- Human made resources used to produce something else
- Analogy used to describe trade-offs
- Items required for survival
- Desired, not required
- Physical objects such as clothes or shoes
Down
- The alternative when we make a choice
- Economic study of individuals and firms
- An economy based on exchange or trade
- Skills and knowledge gained by workers
- Combines land labor and capital to produce other goods
- Producing the maximum output with available resources
- Business owned by stockholders
- The government controls this economy
- Limited resources to meet unlimited wants
- Another limited resource
20 Clues: A limited resource • Desired, not required • Another limited resource • Items required for survival • Business owned by stockholders • Points inside the line on a PPF • Points outside the line on a PPF • Analogy used to describe trade-offs • The government controls this economy • The alternative when we make a choice • An economy based on exchange or trade • ...
Mridang Economics quiz 2018-02-05
Across
- My actions either good or bad will affect you neither I pay nor get penalised
- The watch dog (Abbrev.)
- More expenditure less revenue indicates government borrowings
- Stock market Catastrophe that took place on September 24 1869 After a period of rampant speculation the price of gold plummeted and market crashed
- holding other things equal
- Deliberate adjustment to decrease the value of currency related to the another currency
- free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange
- A situation in which the economy of a country experiences a sudden downturn and likely experience a falling GDP, a drying up of liquidity and rising/falling prices due to inflation/deflation.
- Let the old rules apply to the present and new rules to the future
- "Dig the Wells and fill it"
- Famous cartel of 14 countries found in 1960 (Abbrev.)
- Transfer Or reversion of estate assets to the state when the holder dies without declaring a will or legal heir
- A beautiful mind originates the Game Theory
- acquisition tactic to obtain a controlling interest in a target by buying shares at a premium from target shareholders
- A grant or a financial support to failing business
- "I do what I do"
- a certain percentage of the total bank deposits that has to be kept in the current account with RBI (Abbrev.)
- a low turning point or a local minimum of a business cycle.
Down
- Clause of Possession of mortgage property with no claims thereafter (exploited in US)
- In the time of crisis consumers buy less expensive luxury goods
- Rate at which Central Bank lends money to banks against government securities
- Development as per Bruntland Report
- Market of gold products
- father of economics
- a unit of measure to describe the percentage change in the value or rate of a financial instrument equivalent to 1/100 of a percent
- written by Karl Marx
- Guarantee against the loan
- Market value less the amount of loan received
28 Clues: "I do what I do" • father of economics • written by Karl Marx • Market of gold products • The watch dog (Abbrev.) • holding other things equal • Guarantee against the loan • "Dig the Wells and fill it" • Development as per Bruntland Report • A beautiful mind originates the Game Theory • Market value less the amount of loan received • ...
What is economics? 2020-02-04
Across
- The fundamental economic problem
- Income before taxes
- Monetary worth of a good or service
- The idea that nothing in life is really free
- Something we would like but do not need to survive
- Good that lasts three years or more when used regularly
- Gradual collection of goods
- A good intended for final use by individuals
- Cannot be seen or touched
- Value of all final goods and services produced in a country in a year
- Paid for regularly but in unpredictable amounts
- Capacity to be useful and provide satisfaction
- Work that is performed for someone
- Purchases that you're planning for over a long period of time
- Necessary costs that occur monthly or annually
- Sum of tangible economic goods
Down
- The source of all household spending
- Item that lasts fewer than three years when used regularly
- Tool or good used to produce other products
- The study of how people deal with scarcity
- Contradiction that non-essential items can have a higher value than non-essentials
- Payments for money borrowed
- Income after taxes
23 Clues: Income after taxes • Income before taxes • Cannot be seen or touched • Gradual collection of goods • Payments for money borrowed • Sum of tangible economic goods • The fundamental economic problem • Work that is performed for someone • Monetary worth of a good or service • The source of all household spending • The study of how people deal with scarcity • ...
Ancient Chinese Economics 2020-06-08
Across
- a location of Asia
- what did the oracle bones predict
- a game used with kites
- a type of farming
- people trained to fight
- location of the start of the Great Canal
- what topic is my workshop on
- a way to plant and grow crops
- exchanging goods with others
- a type of religion China received
Down
- longest canal on earth
- religion or groups traditions
- used for transportation and war
- a religion received from India
- made out of cow bones
- a way to spread messages
- a form of two groups fighting
- Where did China get trades from?
- the end of the Grand Canal
- Ancient Chinese trade route
20 Clues: a type of farming • a location of Asia • made out of cow bones • longest canal on earth • a game used with kites • people trained to fight • a way to spread messages • the end of the Grand Canal • Ancient Chinese trade route • what topic is my workshop on • exchanging goods with others • religion or groups traditions • a form of two groups fighting • a way to plant and grow crops • ...
Ancient Chinese Economics 2020-06-08
Across
- a location of Asia
- what did the oracle bones predict
- a game used with kites
- a type of farming
- people trained to fight
- location of the start of the Great Canal
- what topic is my workshop on
- a way to plant and grow crops
- exchanging goods with others
- a type of religion China received
Down
- longest canal on earth
- religion or groups traditions
- used for transportation and war
- a religion received from India
- made out of cow bones
- a way to spread messages
- a form of two groups fighting
- Where did China get trades from?
- the end of the Grand Canal
- Ancient Chinese trade route
20 Clues: a type of farming • a location of Asia • made out of cow bones • longest canal on earth • a game used with kites • people trained to fight • a way to spread messages • the end of the Grand Canal • Ancient Chinese trade route • what topic is my workshop on • exchanging goods with others • religion or groups traditions • a form of two groups fighting • a way to plant and grow crops • ...
Year 9 Economics 2020-04-28
Across
- An organization that sells goods
- Where actions by one party have impacts on another, particularly economically.
- The study of how people use scarce resources to satisfy needs and wants
- Final users of goods and services to satisfy their needs and wants
- Basic units used to make goods and services
- Reward for the use of resources
- A system which allows private ownership of the factors of production
- Physical items used by consumer and services for a profit
- Situation where demand is greater than supply
- Equipment used to make goods and services
- Institution which handles money for households and firms
- Ability to combine all resources to make something (plan, recipe, system etc)
- chain Complex group of firms in many countries each producing a component of a final product.
- Organisations that make goods and services
- Payment earned by entrepreneurs
- Money paid at a particular rate for the money lent
- Compulsory government levy
- Goods and services which we desire but don’t need
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Goods and services sold overseas
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
Down
- Goods and services bought from overseas
- Basic necessities for life
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- All human effort, both physical and intellectual
- That part of earnings not spent
- Organization with authority to make decisions for the population
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- An economy where people produce only enough goods and services for their own family
- Cost The cost of the next-best alternative opportunity
- Financial assistance given to people by the Government
- Action of only doing one part of the process
- market Place where factors of production are bought and sold.
- Payment per hour for labour
- All resources provided by nature
- Place where goods and services are bought and sold.
- A system where factors of production are owned by the government
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Payment per year for labour
- Payment for use of land
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Purchase of new capital
- Actions done for consumers by producers
- Used to pay for goods and services
45 Clues: Payment for use of land • Purchase of new capital • Basic necessities for life • Compulsory government levy • Payment per hour for labour • Payment per year for labour • That part of earnings not spent • Reward for the use of resources • Payment earned by entrepreneurs • An organization that sells goods • All resources provided by nature • Goods and services sold overseas • ...
economics crossword puzzle 2020-09-01
Across
- two products are being purchased and used together.
- when everyone are able and willing to work in the labour force
- purchased of goods that are aiming toward earning profit in the future.
- a downfall in the business cycle
- the equality in the economy
- a group of people who governs a community or a nation.
- the people who are employed or unemployed in the workforce
- the amount of goods that are available in the economy for producers.
- the percentage of the people in the labour force who have jobs.
- a measurement based from the related cost of goods and services from a country.
- the use of goods and services by households.
- monetary measurement of market values from goods and services produced during a specific period
- the value of currency in a country, comparing to other countries.
- a measurement of statistics representing the income inequality in a nation.
- income before tax
- organisations having complete control in services or supply in certain areas of business without having shares with anyone else
- the expectations of firms in the economy
- graphically describing GDP by moving downward and upward in a specific period.
- a measurement based from the income earners in a family.
Down
- major adverse causing an impacting the surroundings
- the willingness to purchasing goods and services in the economy
- measurement of how optimistic households are willing to spend in the economy.
- the amount required to pay when borrowing money in a specific period.
- amount of income given out by government every fortnight to support specific citizens.
- a state of limited competition, being shared with firms and producers
- the expectations to have least amount of inputs and having an highest amount of outputs in the economy.
- aiming to engage consumers for goods and services in the economy.
- the total demand for goods and services in the economy during a certain period.
- an amount of people in a country.
- income after tax
- the market for properties being purchase or sold through real estates.
- the measurement to see how economics variables reacting to changes in the economy.
- a balance of trade, based from the measure of a nation’s exports and imports during a period.
- occurring between industries that have many firms offering similar products but not identical
- similarities in goods or services that consumers have choices to choose from, not being completely the same
- a disease that caused an impact to countries or most part of the world.
- the demand and supply for goods and services in the economy meet at the same in the market.
- money giving out by the government to citizens aiming to keep the economy going.
- describing economics statistics or things that are happening in the economy
- presentation through a graph showing the inequality in the economy.
40 Clues: income after tax • income before tax • the equality in the economy • a downfall in the business cycle • an amount of people in a country. • the expectations of firms in the economy • the use of goods and services by households. • major adverse causing an impacting the surroundings • two products are being purchased and used together. • ...
Economics Final Crossword 2017-05-08
Across
- describes demand that is not very sensitive to a change in price
- the type of tax used in the United States
- a formal contract to repay borrowed money with interest at fixed intervals
- large farm leased from the state to groups of peasant farmers
- the financial and opportunity costs consumers pay when searching for a good or service
- the additional income from selling one more unit of a good
- mediation with a legally binding decision
- a tax on the production or sale of a good
- a private organization that tries to persuade public officials to act or vote according to group members’ interests
- common example of a price floor
- factors that cause a producer’s average cost per unit to fall as output rises
- the skills and knowledge gained by a worker through education and experience
- limited quantities of resources to meet unlimited wants
- the idea that every one dollar of government spending creates more than one dollar in economic activity
- a factor that can change
- spending category about which government planners can make choices
- someone who would not choose to pay for a certain good or service, but who would get the benefits of it anyway if it were provided as a public good
- money and other valuables belonging to an individual or business
Down
- taking tax payments out of an employee’s pay before he or she receives it
- all the money available in the United States economy
- market-based economic system with limited government involvement
- a period of macroeconomic expansion followed by a period of contraction
- paper currency issued during the Civil War
- the theory that education increases productivity and results in higher wages
- “all other things held constant”
- a way to attract customers through style, service, or location, but not a lower price
- any factor that makes it difficult for a new firm to enter a market
- type of money used by the United States government
- category of labor a teacher falls into
- a graphic representation of a demand schedule
- a market in which goods are sold illegally
- very high inflation
- the market in which households purchase the goods and services that firms produce
- a twelve-month period that can begin on any date
- the legally bound obligation to pay debts
- a situation in which a good or service is unavailable
36 Clues: very high inflation • a factor that can change • common example of a price floor • “all other things held constant” • category of labor a teacher falls into • the type of tax used in the United States • mediation with a legally binding decision • a tax on the production or sale of a good • the legally bound obligation to pay debts • paper currency issued during the Civil War • ...
Economics Senior Celebration 2017-05-11
Across
- A deviation between the observed data and the restrictions on variables imposed by set of first order conditions of a Pareto optimal competitive equilibrium
- Who is the head of the Economics Program
- In 1995 (the year many of you were born), this movie was released and was the first ever full length computer animated feature film
- Ballot that stockholders use to vote shares
- Which faculty member was an Economist with the Ministry of Trade and Industry of Singapore
- Process of determining the present value of a payment or a stream of payments that is to be received in the future
- Which faculty member won the 2017 The William H. and Frances S. Ryan Award for Meritorious Teaching?
- Jeff Bezos’s new BFF
- _______ multipliers are interpreted as the imputed value or shadow prices of inputs for production
- Risk to the financial system
- When a good/service becomes more valuable the more people use it
- Which faculty member published a paper called “Local Economics Growth from Primary Election Spending”
- Co-Author of “Adapting to Climate Change: Evidence from Long-Run Changes in the Temperature-Mortality Relationship in the 20th Century United States
- Alternative to expected utility theory. Utilities are defined over losses and gains rather than over final wealth levels
Down
- Number of CMU affiliated Nobel Laureates in Economics
- Akerlof’s paper “The Market for Lemons” describes how asymmetry of information leads to ________ selection
- Tendency to judge the frequency or likelihood of an event by the extent to which it resembles the typical case
- The dominant root of a positive matrix is the largest eigenvalue (also known as the characteristic value) of a positive matrix
- Econometric term for the correlation between independent variables and the error terms
- Informal understanding that governs behavior in a society
- Measurement of responsiveness of an economic variable to a change in another variable
- Difference between prices that asset sellers demand and buyers require
- In the Solow Growth Model, production growth rate declines as __________ accumulates
- Served as chief economist and director of the SEC' s Office of Economic Analysis (2004 to 2007)
- Type of function that is easy to compute but whose inverse is very difficult to compute
- Honorary Advisor to the Institute for Monetary and Economic Studies of the Bank of Japan
- Dean of the Tepper School of Business
- A set of assumptions designed to simplify the world and make it more understandable in order to address a specific question
28 Clues: Jeff Bezos’s new BFF • Risk to the financial system • Dean of the Tepper School of Business • Who is the head of the Economics Program • Ballot that stockholders use to vote shares • Number of CMU affiliated Nobel Laureates in Economics • Informal understanding that governs behavior in a society • When a good/service becomes more valuable the more people use it • ...
Economics Review 1 2019-03-28
Across
- type of economic growth where productive potential decreases
- the type of demand that occurs between milk and yogurt
- a type of economy where goods are allocated by the price mechanism
- the motivation behind a government's actions
- the demand for this good decreases as income increases
- members of the workforce
- output per unit of input employed
- the sector that includes raw material extraction
- a type of capital
- food, water, shelter, etc
- the sector where raw materials are transformed into goods
- occurs because resources are finite
- the service sector
- the demand for this good increases as income increases
Down
- occurs when market price is higher than equilibrium price
- most countries are this type of an economy
- the demand for this good decreases as the price of another increases
- the type of supply that occurs between leather and beef
- where quantity supplied is equaled to quantity demanded
- the type of specialization that occurs between countries
- the benefit forgone of the next best alternative
- the demand for this good increases as the price of another increases
- human wants are ____
- occurs when market price is lower than equilibrium price
- a type of resource (ie coal, oil, copper, etc)
- land, labour, entrepreneurship, ____
- location on the PPF where production is unattainable
27 Clues: a type of capital • the service sector • human wants are ____ • members of the workforce • food, water, shelter, etc • output per unit of input employed • occurs because resources are finite • land, labour, entrepreneurship, ____ • most countries are this type of an economy • the motivation behind a government's actions • a type of resource (ie coal, oil, copper, etc) • ...
Economics & Marketing Vocabulary 2016-11-16
Across
- describes the total amount of a specific good or service that is available to consumers.
- a system where economic decisions are made based producers and consumer interactions
- goods or services available to individuals and businesses used to produce valuable consumer products
- systems characterized by social ownership and democratic control of the means of production
- a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
- study of individuals, households and firms' behavior in decision making and allocation of resources.
- economic principle that describes a consumer's desire and willingness to pay a price for a specific good or service.
- economic price for which a good or service is offered in the marketplace
- rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling.
- material that satisfies human wants and provides utility
- measures the amount of real gross domestic product (GDP) produced by an hour of labor
- branch of the economics field that studies how the economy behaves
- measurement of "useful-ness" that a consumer obtains from any good
Down
- activity where an immaterial exchange of value occurs
- a political and economic ideology based on communal ownership and the absence of class.
- basic physical systems of a business or nation; transportation, communication, sewage, water and electric systems are all examples of infrastructure.
- someone who creates and supplies goods or services.
- an area of the production, distribution, or trade, and consumption of goods and services
- a system where the government makes all economic and political decisions
- a system in which both private an public sectors make economic decisions
- represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.
21 Clues: someone who creates and supplies goods or services. • activity where an immaterial exchange of value occurs • material that satisfies human wants and provides utility • branch of the economics field that studies how the economy behaves • measurement of "useful-ness" that a consumer obtains from any good • ...
Economics and Marketing 2016-11-14
Across
- to make something,that is needed or wanted, available to someone
- the part of economics concerned with large-scale or general economic factors,such as interest rates and national productivity.
- is an area of the production, distribution, or trade, and consumption of goods and services
- the rate at which the general level for prices for goods and services is rising and, and, consequently, the purchasing power of currency is falling
- the financial gain,especially the difference between the amount earned and the amount spent in buying,operationg,or producing something
- the state of being low on supplies
- the physical and organizational structures and facilities needed for the operation of a society or enterprise
- an economic and political system in which a country's trade and industry are controlled by private owners for profit,rather than by the state
- the part of economics concerned with single factors and the effects of individual decisions
- an insistent and peremptory request
Down
- merchandise or possessions
- and economic system combining market and command
- an economic system in which economic decisions are based on the people/consumers
- the state of being useful,profitable,or beneficial.
- an economy in which production,investment,prices,and incomes are determined centrally by a government
- the degree of wealth and material available to a person or community
- a person,company,or country that makes,grows,or supplies goods or commodities for sale.
- the price of commodity when solid in a given market
- a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
- the monetary value of all the finished goods and services produced within a country's borders in a specific time period
20 Clues: merchandise or possessions • the state of being low on supplies • an insistent and peremptory request • and economic system combining market and command • the state of being useful,profitable,or beneficial. • the price of commodity when solid in a given market • to make something,that is needed or wanted, available to someone • ...
What Is Economics 2020-09-10
Across
- land, labor, and capital resources
- thinking, and management skills
- human resources
- study of consumers/businesses
- process that combines resources
- how people manage their resources
- punishment for a choice
- allows buyers and sellers to exchange
- losses
Down
- the study of the economy as a whole
- using a product or service
- economy that relies on voluntary trade
- the process of getting a product to users
- extra costs or benefits of a choice
- wants > available resources
- gains
- positive difference between sales/costs
- positive rewards for making a choice
- buildings, tools, and machines people use
- highest valued alternative
- exchanging something for something else
- natural resources
22 Clues: gains • losses • human resources • natural resources • punishment for a choice • using a product or service • highest valued alternative • wants > available resources • study of consumers/businesses • thinking, and management skills • process that combines resources • how people manage their resources • land, labor, and capital resources • the study of the economy as a whole • ...
economics culminating project 2021-06-09
Across
- the fed and congress should use contractionary policies when theres this kind of problem
- a chart showing the quantity demanded of a good or service at different times. (2 words no spaces)
- a mix of recession and inflation together
- trade restriction that limits the number or value of goods that a country can import or export during a particular period.
- what is the worse kind of unemployment?
- when everyone wealthy or not pays the same percentage of their income in taxes
- a kind of unhealthy economy, it's when GDP is shrinking and the unemployment is too high
- people who want to limit international trade.
- how can the government spend more money than it collects in taxes?
- consumer price index
- the main measure of overal price increase
Down
- besides low inflation and economy growth what else does an economy need to be healthy?
- when the government spends MORE money than they get in taxes. (2 words no spaces)
- the largest category of gov spendings
- people who dont want to limit international trade(2 words no spaces)
- federal spending authorized by law and continues without the need for annual approvals by congress (2 words no spaces)
- policy by the fed to increase money supply
- the sum of all persons age 16 and up who are either working or looking for a job
- when people with larger incomes pay a higher percent of their income in taxes
- when people with lower incomes pay a higher percentage of their taxes.
- the higher the price of a good, the less people are going to buy it, and vice versa.(3 words no spaces)
- a minimum price for a product/resource (2 words no spaces)
- gross domestic product
- shortage and ___ are the two different kinds of disequilibrium
- tax that's to be paid on a particular class of imports or exports.
25 Clues: consumer price index • gross domestic product • the largest category of gov spendings • what is the worse kind of unemployment? • a mix of recession and inflation together • the main measure of overal price increase • policy by the fed to increase money supply • people who want to limit international trade. • a minimum price for a product/resource (2 words no spaces) • ...
Economics & Politics Crosswords 2021-06-22
Across
- (two words) A business organization that is mainly owned by the government and operated by public authority. Some Canadian examples include Air Canada, the Canadian Broadcasting Corporation, and the Canadian National Railways.
- (two words) This term refers to the balance of power in which one political party earns more seats in parliament than all other parties. Opposite of a minority government.
- (two words) Used primarily in central banks, this term describes the management of a country's economy. With this in effect, central banks are permitted and able to alter the amount of currency and credit currently in circulation. The main purpose is to keep inflation, growth, and employment levels on a prosperous track.
- (two words) The act of imposing a higher expense upon citizens receiving a larger income. Canada is a believer in this system.
- (three words) This term involves many various welfare programs which are in place to assist vulnerable families and individuals undergoing poverty.
- (two words) Refers to a political system in which economy and means of production are controlled by society, alongside a government which revolves around the practice of democracy.
- (two words) A ___ ___ can occur in any area when affordable shelter is scarce, displacing many families due to the resulting homelessness.
- A popular political system in which the government rules for the people. Involves the rule or majority and places civic responsibility upon society in terms of elections for representatives.
- (Three words) A system involving little to zero government control that thrives based on the system described in clue 7.
- A temporary duration of time in which measurable economic decline takes place resulting in reduced levels of industrial activity and trade.
- (Two words) This motivating factor of capitalism was first developed by Adam Smith. This selfish motivation will promote a better society as others will work harder. For example, when the common person notices that the Rich spend money on luxurious yachts, cars, and homes it motivates the common person to work harder to achieve a better lifestyle.
- (three words) The goods and services produced paired with the request from the population to receive them. This concept is instrumental in determining the worth and price of goods and services.
- Any political or economic theories that prioritize the collective group over the individual. Advocates for public or government control of the production and distribution of goods. People who identify themselves as _____ often believe that societal prosperity is commonly achieved through cooperative efforts of all citizens.
- The state of being without the exchange of labour/assistance for financial compensation. “8.1% of canadians struggle due to __________”
- A system of government where a single dictator (who most often rules forcefully) typically utilizes violence to suppress opposition, controls all industry, and promotes nationalism and often discrimination against certain specific groups of people.
- A state in which someone is in when they do not possess the minimum resources to live a stable and standard lifestyle. “689 Million people are currently living in _______”
- (two words) A method used in some countries in which all eligible voters are required by law to cast a ballad in an election.
- (two words) A system of government where power is distributed among a central authority and constituent political units.
- Originally an idea formed by Karl Marx, this system is one in which class systems are demolished and all property becomes publicly owned. Each working member of society is paid based on work ethic, abilities, and needs.
- (two words) An aspect of democracy where people vote for a specific potential government member who will then be in charge of voting on policy initiatives and changes.
- In all cases, ____ is something owed to another. Similar to a borrowing system in which you have an obligation to return whatever you had borrowed. This comes in many forms and there are many scenarios where ____ causes financial distress.
- (two words) Active participation in a public community in an informed, critical, and constructive manner. Example: Voting in an election.
- An opinion or stance that is disapproving towards a policy or idea that is inforced by the government. Some examples of this will include protests, boycotts, strikes, demonstrations, and can even lead to riots.
- (two words) A political system where a monarch shares power over a country with a government system. Example: Canada is a _____ ____.
Down
- (Four words) The process of repetitive economic expansion and contraction. Associated closely with capitalism, _____________ vary in lengths and levels of severity.
- A political philosophy that encourages social reform in the community. Based on the idea of progress and prosperity. An example would be Women's Suffrage or any movement in which the intentions are to better society.
- A political stance that is further right on the spectrum, in support of traditional values and is disapproving of social change. They favor free enterprise, private ownership, as well as socially traditional ideals.
- (two words) Various levels of dues imposed on businesses profits.
- (Two words) Focuses on economic and civil freedoms. This system is one which values the importance of a smaller government, under the idea that society will rule themselves by natural law.
- (two words) Businesses concerned for the interest of social groups (such as workers) and pursues the improvement of quality of life through social-security programs, state industrial codes, and other things concerning the well-being and safety of their employees.
- (two words) An economic system in which did not conform to planned-economy or a free market economy. ____ ____ refers to the combination of public and private enterprises.
- (two words) When a legislative assembly is formed where the main political party in power does not have the majority of overall seats in parliament.
- (two words) Any action required by law for a citizen to perform. Example: Voting in Australia is considered a ___ ___.
- (two words) Characterizes an electoral body of government that is reflective of the current proportions of the population.
- (two words) An organization that organizes and coordinates candidates to compete for seats in a legislative body. Members included in said organizations are typically known to have similar beliefs, ideals, and political opinions.
- (three words) Established in 1976 by Albertan Premiere Lougheed, the ____ ____ ___ is a long term savings fund for the use of the province of Alberta. The fund was intended to collect a portion of the revenue gained from renewable resources and is to be used to benefit future generations.
- (two words) This former president’s economic policies included: reduce the growth of government spending, reduce federal income tax and capital gains tax, reduce government regulation, and reduce inflation by tightening the money supply.
- (three words) A system in which seats in the legislative assembly are distributed based on population.
- Emphasis on the group or community of people rather than on the individual. Favouring public control, especially in terms of production and distribution.
- (two words) A Canadian federal-level political party which was originally a joke party, but has evolved into a spot on a federal election ballad where voters can protest if their choices are poorly representing their desires.
- (two words) this is a term used to describe unrealistic— however desirable— societal conditions in which positive ideals thrive. Capitalists relinquish means of production onto society.
- A form of government where any opposition is restricted or prohibited and takes a very high level of control over the public and private life in the nation. Example: Some people who are commonly known to have embraced this form of government are Joseph Stalin, Aldof Hitler, and Mao Zedong.
- In accounting and economics, this term means income or increase in net assets that an organization receives due to daily operations. Used in a sentence: “my small business is finally making profit because our current ____ outweighs our expenses.
- This economist believed in the superiority of free market economies. He was known to support innovation and creativity in order to achieve societal and economic prosperity.
- (two words) A ruthless global economic decline. Beginning in America during the 1930s. Noted as the worst industrial economic shift in history. Caused by a dramatic crash in the stock market which wiped out millions of investors.
- (two words) any alteration involving the vote count during an election. Example: Donald trump claimed this was a reason that he lost the 2020 election.
- A political stance that is further left on the spectrum, in support of social welfare and progressivism. They promote civil liberties, individual rights, democracy, and equality before the law.
- (two words) Percentage of eligible voters who followed through in officially casing a ballad in a given election.
- A belief that voting will not make a difference in the outcome of the given election.
- A state of conflict (most commonly known between the Soviets and America) that was not fought primarily through violence or military action, but rather through economic and political actions, propaganda, and acts of espionage.
50 Clues: (two words) Various levels of dues imposed on businesses profits. • A belief that voting will not make a difference in the outcome of the given election. • (three words) A system in which seats in the legislative assembly are distributed based on population. • ...
economics by ad 2021-03-23
Across
- goods purchased to make other goods
- the economy where the gov controls
- the economy which the people control
- ___is when the supply goes down and
- ____ means use your money to get more
- income and outcome
- ___ is where people have goods of a certain type
- the people who purchase goods
- how you make goods
- how much you need to spend on a product
- is where the gov limits monetary value for a good or service for a set time
- a person who takes a risk of starting a business
- is where you do something for a person
Down
- the economy where the people and gov control
- ___ is where the people want something
- ---- is when the supply goes up and demand goes down with cost
- labor
- is where people trade good for good
- a offcial ban on trade to a country
- trading
- your income
- an expert at ____
- products people can buy
- is an exchange for goods and sevices
- cost goes up with demand
- what the people like and want
- taxes on stuff imported
27 Clues: labor • trading • your income • an expert at ____ • income and outcome • how you make goods • products people can buy • taxes on stuff imported • cost goes up with demand • the people who purchase goods • what the people like and want • the economy where the gov controls • goods purchased to make other goods • ___is when the supply goes down and • is where people trade good for good • ...
Economics K . D 2021-03-25
Across
- A traditional economy is a system that relies on customs, history, and time-honored beliefs. Tradition guides economic decisions such as production and distribution. ... Most traditional economies operate in emerging markets and developing countries. They are often in Africa, Asia, Latin America, and the Middle East.
- it is an amount of a product
- someone who provides for a consumer
- someone that buys products
- any object or product
- it is when you work hard to get something in return
- it is buying or selling goods or services
- it is when something is moved of sold to another country
- it is a want or need
- something you would like to have but do not need it
- an economic system combining private and public enterprise
- something that was there before someone or something messed with it
- it is mater that people live on and some call it ground
Down
- it is a shortage of a good,choice,etc.
- it is when something is moved out of another country
- it is when there is little of something
- an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
- it is something that you can sell for $
- an economy in which production, investment, prices, and incomes are determined centrally by a government.
- it is an trade for goods and services without using money
- it is something you are an expert in
- it is something you have to have to survive
- it is a piece if paper people go to work to get so they can buy stuff with it
23 Clues: it is a want or need • any object or product • someone that buys products • it is an amount of a product • someone who provides for a consumer • it is something you are an expert in • it is a shortage of a good,choice,etc. • it is when there is little of something • it is something that you can sell for $ • it is buying or selling goods or services • ...
David - Economics Crossword 2024-05-23
Across
- The organizational and competitive characteristics of a market. (2 words)
- The quantity of a good or service that consumers are willing and able to buy at a given price.
- A market structure characterized by a single seller dominating the entire market for a particular product or service.
- The measure of responsiveness of one economic variable to changes in another.
- The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal. (2 words)
- An excess of production or supply over demand.
- A tax imposed by a government on imported or exported goods.
- An increase in the capacity of an economy to produce goods and services, compared from one period of time to another. (2 words)
- The rivalry between businesses trying to sell goods or services to the same customers.
Down
- The process by which the monetary authority of a country controls the supply of money, often targeting interest rates to achieve economic objectives. (2 words)
- The income generated from the sale of goods or services before expenses are deducted.
- The buying and selling of goods and services between countries.
- The total amount of a specific good or service that is available to consumers.
- An economic system characterized by private ownership of the means of production and the pursuit of profit.
- The total monetary value of all finished goods and services produced within a country's borders in a specific time period.
- The rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.
- The use of government spending and taxation to influence the economy. (2 words)
- Financial assistance granted by the government to support businesses or industries that are considered beneficial to the public interest.
- The amount by which a sum of money falls short of the required or expected amount.
- The environment where buyers and sellers interact to exchange goods and services.
20 Clues: An excess of production or supply over demand. • A tax imposed by a government on imported or exported goods. • The buying and selling of goods and services between countries. • The organizational and competitive characteristics of a market. (2 words) • The measure of responsiveness of one economic variable to changes in another. • ...
Introduction to Economics 2023-09-25
Across
- A public good that individuals cannot be excluded from consuming.
- The branch of economics that deals with human behavior and choices as they relate to the entire economy.
- A person who receives the benefits of a good without paying for it.
- A graphic representation of all possible combinations of two goods that an economy can produce.
- Tasks that people pay others to perform for them.
- An economy that is neither purely capitalist nor purely socialist; an economy that has some elements of both capitalism and socialism.
- An agreement between two or more people to do something
- The amount of money left over after all the costs of production have been paid. It exists when total revenue is greater than total cost.
- A government plan specifying economic activities, such as what goods will be produced and what prices will be charged.
- An adverse side effect of an act that is felt by others.
- The amount of money by which total cost exceeds total revenue.
- The science that studies the choices of people trying to satisfy their wants in a world of scarcity
- Anything that satisfies a person's wants or brings satisfaction; also tangible products.
- A good for which one person's consumption does not take away from another person's consumption.
- Able to be felt by touch. Ex. a book.
- The quality of bringing satisfaction or happiness.
- The quality of bringing dissatisfaction or unhappiness.
- The special talent that some people have for searching out and taking advantage of new business opportunities and for developing new products and new ways of doing things.
- Something that we desire to have
- An explanation of how something works, designed to answer a question for which there is no obvious answer
- A phenomenon by which economic agents in any given part of the world are affected by events elsewhere in the world; the growing integration of the national economies of the world to the degree that they could merge and operate as a single worldwide economy.
- An economic system in which individuals (not the government) own most, if not all, the resources and control their use. The government plays only a small part in the economy.
- The economic relationships that exist between different economic groups in an economy.
- The condition in which our wants are greater than the resources available to satisfy them.
- A sense of how the world works.
- The belief that all value in produced goods is derived from labor.
- The term used to describe work done for a company by persons other than its employees in a country other than the one in which the company is located.
Down
- A public good that individuals can be physically excluded from consuming.
- An economic unit of one person or more that sells resources and buys goods and services.
- The branch of economics that deals with human behavior and choices as they relate to relatively small units--individuals, business firms, and single markets.
- Property Any good that is owned by an individual or a business.
- Value The difference between the total value of production and the subsistence wages paid to workers.
- An economic system in which the government controls and may own many of the resources.
- Anything that is used to produce goods or services, for example a person's labor may be used to produce computers, TV sets.
- Produced goods that can be used as resources for further production. Factories, machines, and farm tractors are capital.
- The way all the income earned in a country is divided among different groups of income earners.
- A good for which one person's consumption takes away from another person's consumption.
- All the natural resources found in nature. Acres of wheat fields, mineral deposits, and water in a stream are all considered land.
- Not able to be felt by touch. Ex. A Lecture
- Something that encourages or motivates a person to take action.
- A beneficial side effect of an action that is felt by others.
- A person who has a special talent for searching out and taking advantage of new business opportunities.
- The most highly valued opportunity or alternative given up when a choice is made.
- The principles of conduct, such as right and wrong, morality and immorality, good and bad
- A means for deciding who gets what portion of the available resources and goods.
- In economics, means "additional"
- Property Any good that is owned by the government.
- System The way in which a society decides what goods to produce goods, and for whom goods will be produced.
- A situation in which having more of one thing necessarily means having less of something else.
49 Clues: A sense of how the world works. • In economics, means "additional" • Something that we desire to have • Able to be felt by touch. Ex. a book. • Not able to be felt by touch. Ex. A Lecture • Tasks that people pay others to perform for them. • The quality of bringing satisfaction or happiness. • Property Any good that is owned by the government. • ...
Academic Decathlon Economics 2023-11-25
Across
- Central bank policies; alter money supply
- ______ unemployment; unemployment that occurs alongside the business cycle
- A state of being; limited amount of work, energy, knowledge, and capital that motivates economic choices
- Costs that don't depend on production quantity
- Economic actors make choices that serve their greatest benefit
- A measure of a good's responsiveness to price changes
- The next most desirable option given up when making a decision
- Related goods, such that when the price of one good falls, demand for the other falls
- The surplus value that producers receive when the price of a good exceeds the cost of manufacturing
- The trade-off faced by a producer who can make two goods; describes comparative advantage
- Disrupt the marker with new innovations and creative ideas
- As price increases, demand decreases
- GDP calculated without inflationary effects
- Costs that escalate as production changes in the short run
- The actions of one person impacts the well-being of someone else
- As price increases, supply increases
Down
- Interest rate the Federal Reserve charges for lonas to its member banks
- author of "Wealth of Nations"
- Central bank; sets monetary policy; FOMC controls money supply
- Total number of persons aged 16+, either working or actively seeking employment
- All other options given up when making a decision
- Focuses on individual markets and individual behaviors
- The quantity demanded rises when income rises
- The quantity demanded falls when income rises
- ______ unemployment; results from the time lag between workers leaving a job and finding another
- The surplus value that consumers receive when a good's price falls below the amount they would be willing to pay for it
- ______ unemployment; results from mismatch of skills offered by labor and skills desired by firms
- A single supplier controls the market
- abbr. resources used to produce goods and services: land, labor, and capital
- GDP calculated with current year prices
- A table that reflects changing consumption patterns due to price changes
- Marginal Revenue = Marginal Cost
- Focuses on the overall performance of the national economy
- The competitive market fails to produce a socially desirable outcome
- Government taxation and spending policy choices meant to influence the economy
- Assets such as tools, equipment, and human creativity that encourage productivity
- goods often bought together
37 Clues: goods often bought together • author of "Wealth of Nations" • Marginal Revenue = Marginal Cost • As price increases, demand decreases • As price increases, supply increases • A single supplier controls the market • GDP calculated with current year prices • Central bank policies; alter money supply • GDP calculated without inflationary effects • ...
Economics Part B 2024-05-09
Across
- loss of value of a country's currency with respect to a foreign currency
- Investors pooling money together for an investment
- tax where the percentage of taxes paid decreases as income rises
- dollar value of all final goods and services produced within a country’s borders in a given year
- The superior Doritos
- Medium of exchange that has value due to societal agreement
- tax where the percentage of taxes paid goes up as your income rises
- percentage of the nation’s labor force that is jobless and actively seeking work
- Oldest and most powerful stock exchange
- spending for which government planners can make choices
- price of the domestic currency in terms of another currency
Down
- Tax Levied on the sale or production of a good
- Stock that gives an investor voting rights
- Initial amount of borrowed money
- Imports minus Exports
- increase of value of a country's currency with respect to a foreign currency
- use of government spending and taxation to influence the economy
- Stock that receives dividends first
- Probability of loss on an investment
- Payments made for borrowing money
- tax that takes the same percentage of income from all taxpayers
- Lower-risk financial asset than stocks
22 Clues: The superior Doritos • Imports minus Exports • Initial amount of borrowed money • Payments made for borrowing money • Stock that receives dividends first • Probability of loss on an investment • Lower-risk financial asset than stocks • Oldest and most powerful stock exchange • Stock that gives an investor voting rights • Tax Levied on the sale or production of a good • ...
Economics Midterm Review 2023-03-01
Across
- ________ Demand - a demand for a commodity, service, etc. which is a consequence of the demand for something else.
- Positive __________ - when a benefit spills over to a third-party
- Market __________ - when you combine the supply and demand curves, there is a point where they intersect
- Amount of physical, mental, and social effort used to produce goods and services in an economy
- - an enterprise that is the only seller of a good or service.
- Free __________ System - Individuals to make their own choices in the purchase of goods, the selling of their products and their labor
- Price _______ - the lowest legal price that can be paid in a market for goods and services, labor, or financial capital.
- __________ Economy - an economic system combining private and public enterprise.
- - a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
- Price _______ - the highest point at which goods and services can be sold.
- The total amount of a given product or service a supplier offers to consumers at a given period and a given price level
- - a state of limited competition, in which a market is shared by a small number of producers or sellers. For example, a firm that develops a new technology that reduces pollution
- __________ Economy - an economy in which production, investment, prices, and incomes are determined centrally by a government.
Down
- _______ Benefits - an extra benefit supplementing an employee's salary, for example, a company car, subsidized meals, health insurance, etc.
- The rate of increase in prices over a given period of time
- A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
- Gap between availability of limited resources and the theoretical needs of people for such resources.
- - Pure _________ - occurs when all companies sell identical products, market share does not influence price, companies are able to enter or exit without barriers, buyers have perfect or full information, and companies cannot determine prices
- The consumer's desire and willingness to buy a product or service at a given period or over time
- __________ Economy - an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
- _______ Cost - business costs, such as rent, that are constant whatever the quantity of goods or services produced
- ________________ cost - the value of what you lose when choosing between two or more options
- _______ Cost - the change in total production cost that comes from making or producing one additional unit
- _______ Cost - costs that change as the volume changes
- Cash in hand that is available for spending
25 Clues: Cash in hand that is available for spending • _______ Cost - costs that change as the volume changes • The rate of increase in prices over a given period of time • - an enterprise that is the only seller of a good or service. • Positive __________ - when a benefit spills over to a third-party • ...
Midterm Review Economics 2023-03-06
Across
- Price and quantity supplied are directly related: Price goes UP; Quantity supplied goes DOWN.
- Competition where there are a large number of buyers and sellers but different products.
- Government and entrepreneurs ask these questions.
- The cost of the next best alternative.
- Where the FOP are bought and sold.
- Competition where there are a large number of buyers adn sellers that sell the exact same products.
- Items that are not required for basic living
- Positive effect of a choice
- The part of economics theory that deals with behavior and decisions making by individual units.
- Few LARGE sellers dominate the market;crude oil
- Items that are required for basic living
- Small change
- A schedule that TABLE shows various quantities of a product supplied at all possible prices.
- What are the factors of production?
- Individual who takes a risk in order to find a profit, create jobs, and improve society.
Down
- Price and quantity demanded are inversely related: Price goes UP; Quantity Demanded goes DOWN.
- Market structure where there is only one seller with a particular product;Absolute control over prices and no product differentiation.
- Study of how people try to satisfy unlimited wants.
- A location that allows buyers and sellers to exchange money for a product.
- A schedule that shows a TABLE that shows the qd at a particular product at different prices.
- What is the basic economic problem that causes all of us to make decisions?
- Business that is jointly owned; General, Limited; Shared Profits
- Recognized by law as a separate legal entity;owned by stockholders;charter;Dividend
- Because of SCARCITY we have to make decisions, which creates...
- What are decisions called when the benefits are greater than or equal to the costs of the decision?
- There is no such thing as free lunch
- Combination of two or more businesses to form a single firm
- Where products are bought and sold.
- Business owned and run by a single individual; Over 70% of businesses
- What analysis is a way of comparing the costs of an action to the benefits recieved.
30 Clues: Small change • Positive effect of a choice • Where the FOP are bought and sold. • Where products are bought and sold. • What are the factors of production? • There is no such thing as free lunch • The cost of the next best alternative. • Items that are required for basic living • Items that are not required for basic living • Few LARGE sellers dominate the market;crude oil • ...
Economics Vocab Terms 2023-04-13
Across
- IRS form that calculates total taxable income and how much is to be paid or refunded by the government
- Document given by an employer that outlines Gross Pay and Deductions
- Tax imposed by both federal and state governments, determined by applying a tax rate
- AKA employment eligibility verification, used to verify the legal authorization of all paid employees in the U.S
- non or under payment of taxes that can be charged criminally
- Levy imposed by a government to help fund government spending
- What someone earns before deductions
- IRS tax form completed by employee that tells employer the correct amount of federal tax to withhold
- Tax rate that increases as taxable income increases (or vice versa)
Down
- Form used to report certain types on non-employment income to the IRS
- Federal Payroll Tax that allows one to earn credits for Social Security Benefits
- expense subtracted from an individuals income
- What someone earns after deductions
- Total amount of income generated by sale of goods or services
- Yearly time when individuals prepare financial statements to submit and get their tax return
- Money recieved in exchange for a good or service
- Payment based on hourly rate
- Fixed Payment amount per Pay Period
- Form that employers use to report wages paid and taxes withheld
- Government organization responsible for the collection of taxes
20 Clues: Payment based on hourly rate • What someone earns after deductions • Fixed Payment amount per Pay Period • What someone earns before deductions • expense subtracted from an individuals income • Money recieved in exchange for a good or service • non or under payment of taxes that can be charged criminally • Total amount of income generated by sale of goods or services • ...
Economics Crossword Review 2023-04-19
Across
- any medium or mechanism used for generating future income
- a debit card has little to no ...
- Unique items that are relatively rare or highly valued.
- as the price of a good or service increases, the quantity of goods or services will increase, and vice versa.
- card that is used to access your own money
- a number that shows how well someone pays back money
- card that is used to borrow and spend money that belongs to a bank
- states that at a higher price consumers will demand a lower quantity of a good.
- a tax imposed by one country on the goods and services imported from another country
- type of economy where the government has complete control over all the goods and services in a country
- An investor buys pieces of property, such as land or a building, in hopes of generating a profit.
- too much spending on a credit card can lead to ...
- how much people want something
- demand is determined by desire, ability, and willingness
- when one company controls an entire industry without any competition
Down
- includes adult basic education, adult literacy education or school equivalency preparation.
- usually takes place in the premises of the school, where a person may learn basic, academic, or trade skills.
- tariffs are the largest barrier to ...
- partial ownership of a company
- how much of something there is
- an investment that takes place within a year
- a parent teaching a child how to prepare a meal or ride a bicycle would both be examples of...
- limited resources can't keep up with unlimited....
- type of economy where there is no government regulation
- a loan to a company or government that pays back a fixed rate of return
25 Clues: partial ownership of a company • how much of something there is • how much people want something • a debit card has little to no ... • tariffs are the largest barrier to ... • card that is used to access your own money • an investment that takes place within a year • limited resources can't keep up with unlimited.... • too much spending on a credit card can lead to ... • ...
economics test vocab 2023-04-18
Across
- industries with businesses that sell directly to consumers
- the resources needed to produce goods and services
- countries with weak economies and a lower quality of life
- people who organize, mange and assume the risk of businesses
- raw materials and land
- when factors of production are not distributed equally and businesses produce a narrow range of products
- economy where government controls all the factors of production
- money an individual or business has left after paying expenses
- economy based on private ownership, free trade and competition- people are free to buy and sell what they wish
- when a business grows due to an increase in one of the factors of production
- a type of economy that most closely resembles a market system with private ownership of resources
- few limits are placed on business activities- another name for US's capitalism
- industries where businesses make finished products from raw materials
- industries with businesses that provide services rather than goods
- economy based on long established customs- focused on survival
- industries where businesses use raw materials to make other products
- combination of traditional, market and command economies
- first level of industry- businesses that provide raw materials harvested from earth
- businesses that do research such as librarians, computer programmers and scientists
- system of producing, selling, and buying goods and services
Down
- value of all goods and services produced in a country in a single year
- industries where businesses focus on growing crops and raising livestock
- value of the thing given up when a choice is made
- a type of economy that most closely resembles a command system where government makes all decisions
- industries with businesses that sell to other businesses
- goods used to make other goods, like machinery and tools
- countries with strong economies and a high quality of life
- desire to have a good or service
- a reducing of a business because a factor of production is in short supply
- problem of having unlimited human wants in a world of limited resources
- these are goods provided by the government with tax money such as schools
- anything that is used in payment for goods or services
- the use of money today, such as buying stock in a company, in order to earn future benefits
- businesses where goods and services are exchanged such as wholesale, retail and service industries
- labor in exchange for payment in the form of an hourly wage, or a salary
- the amount of a good or service that is available for use
- human time, effort and skills
- money an individual or business has left after paying expenses
- system in which one nations depends on another to provide goods and services it does not produce
- the exchange of one good or service for another
- benefits that influence economic activity- reason for working hard
- a type of economy with elements of a market system but with certain industries controlled by government
42 Clues: raw materials and land • human time, effort and skills • desire to have a good or service • the exchange of one good or service for another • value of the thing given up when a choice is made • the resources needed to produce goods and services • anything that is used in payment for goods or services • industries with businesses that sell to other businesses • ...
Economics Unit 5 2023-04-25
Across
- Consumer desire for a particular product
- An economic decision-making tool
- Benefit that motivates action.
- Government fee for participation in the economy
- Benefit to using marginal resources
- Economic expansion of production and consumption.
- Decisions on how to expand business by creating more of a given product.
- Things found in nature that are used to manufacture goods.
- Balance of growth and shrinkage in an economy.
- Product sent to market for consumption
- A benefit given to a consumer by the producer or distributor after purchasing a product.
- Satisfaction gained through purchase of a good or service.
- Labor, creativity, technology used to create a product.
- Consuming goods and services in order to display wealth or privilege.
Down
- Consequences that were not considered in the decision making process.
- One good is traded for another when choices are made.
- Everyone in the economy share goods and services equally.
- Allowing people to do what they want to do in an economy.
- Decisions on how to expand business by creating new, related products.
- A cost that reduces the consumer's desire to purchase.
- An alternative to a product a consumer would otherwise buy.
- Government action to shape production, distribution, and consumption
- Materials used to produce goods, usually meaning money, but also machinery, etc.
- Being as productive as possible in making goods and services available to consumers.
- Elements used to create goods and services.
- Greatest benefit a producer gives up when making a choice.
- Cost of using marginal resources
- Protection against economic failure.
- The portion of a budget which is available for spending
29 Clues: Benefit that motivates action. • An economic decision-making tool • Cost of using marginal resources • Benefit to using marginal resources • Protection against economic failure. • Product sent to market for consumption • Consumer desire for a particular product • Elements used to create goods and services. • Balance of growth and shrinkage in an economy. • ...
Economics Crossword Puzzle 2023-05-22
Across
- A business owned by stockholders who share in its profits but are not personally responsible for its debts
- A legal minimum on the price at which a good can be sold
- Trends and fashions that are highly desirable to the consumer
- when consumers react to an increase in a good's price by consuming less of that good and more of other goods
- total revenue minus total cost
- Price x Quantity
- The application of scientific knowledge for practical purposes
- fixed costs plus variable costs
- a table that shows the relationship between the price of a good and the quantity demanded
Down
- A market structure in which a few large firms dominate a market
- the cost of producing one more unit of a good
- What you expect prices to do in the future can influence your buying habits today.
- A legal maximum on the price at which a good can be sold
- Economic decisions are made by individuals or the open market.\
- an establishment formed to carry on commercial enterprise
- A market in which there are many buyers but only one seller.
- A focus on a particular activity or area of study
- a graph of the relationship between the price of a good and the quantity supplied
- money received, especially on a regular basis, for work or through investments.
- the change in consumption resulting from a change in real income
20 Clues: Price x Quantity • total revenue minus total cost • fixed costs plus variable costs • the cost of producing one more unit of a good • A focus on a particular activity or area of study • A legal maximum on the price at which a good can be sold • A legal minimum on the price at which a good can be sold • an establishment formed to carry on commercial enterprise • ...
Ultimate Economics Crossword 2023-05-22
Across
- the inputs used to produce the goods and services that people want
- a written document that indicates the amount of money the government expects to receive
- people not working who have looked for work during previous 4 weeks
- a good or service produced in one country that is sold into another country
- the amount by which the value of a country's exports exceeds the cost of its imports
- the amount by which the cost of a country's imports exceeds the value of its exports
- a good or service bought in one country that was produced in another
- Policies that try to decrease the output of the economy
- a condition facing all societies because there are not enough productive resources to satisfy people's unlimited wants
- a simplification of economic reality used to make predictions about the real world
- resources So-called "gifts of nature" used to produce goods and services; includes both renewable and exhaustible resources.
- rate the value of a currency in one country compared with the value in another country
- goods all human creations used to produce goods and services; for example, factories, trucks, and machines
- a profit-seeker who develops a new product or process and assumes the risk of profit or loss
- means by which buyers and sellers carry out exchange
- price the price at which a good is traded internationally as determined by the world supply and demand for that good
- the physical and mental effort used to produce goods and services
- Tax which takes a higher percentage of income from the poor than from the rich.
- a decline in production, employment, and income lasting at lease two consecutive quarters
- a good or service produced in one country that is sold into another country
- a good or service bought in one country that was produced in another
- policies that try to increase the output of the economy
- the value of the best alternative passed up for the chosen item or activity
Down
- The legal and institutional foundation of the multilateral trading system
- the total number of workers, including both the employed and the unemployed
- the value of the capital stock that is used up or becomes obsolete in producing GDP during the year
- the economy's aggregate output measured in dollars of constant purchasing power; GDP measured in terms of the goods and services produced
- people are currently holding a job in the economy, either full time or part time
- the phase of economic activity during which the economy's total output increases
- household purchases of final goods and services
- the central banking system of the United States
- cycle Fluctuations in economic activity, such as employment and production
- additional, extra, or one more; refers to a change in an economic variable, a change in the status quo
- something not physical that requires scarce resources to produce and satisfies human wants
- the market value of all final goods and services produced within a country in a given period of time; usually a year
- The economy's aggregate output based on prices at the time of the transaction; current-dollar GDP
- the study of how people use their scarce resources to satisfy their unlimited wants
- Price Index a measure of the overall cost of the goods and services bought by a typical consumer
- measures that usually predict, or lead to, recessions or expansions
- total spending on all final goods and services produced in the economy during the year
- the broad category of human efforts, both physical and mental, used to produce goods and services
- the purchase of new capital goods
- all earnings of resource suppliers in an economy during a given year
- foreign money needed to carry out international transactions
- an item you can see, feel, and touch that requires scarce resources to produce and satisfies human wants
- Tax designed to take a larger percentage of income from the wealthy than the poor
- a tax on imports
- government decisions on spending and taxation that are intended to improve or maintain the economy.
- A legal limit on the quantity of a particular product that can be imported or exported
49 Clues: a tax on imports • the purchase of new capital goods • household purchases of final goods and services • the central banking system of the United States • means by which buyers and sellers carry out exchange • Policies that try to decrease the output of the economy • policies that try to increase the output of the economy • ...
Year 9 Economics 2023-08-02
Across
- (2 words) The exchange of money from consumers to producers.
- Goods and services bought and brought in from overseas countries.
- (2 words) Companies that operate across multiple nations.economiesofscale (3 words) This is the name given to the benefit that allows TNSc to save money on costs by increasing the amount of goods/services produced.
- (3 words) This is the name given to the benefit that allows TNSc to save money on costs by increasing the amount of goods/services produced.
- (2 words) This is one of the benefits enjoyed by developing nations when TNCs locate their factories there.
- The other name given to the good we import the most (look at the graphs).
- (2 words) The goods that we export the most of (look at the graphs).
- (2 words) What the government sector provides to producers.
- What source of income do TNCs provide the government of the countries they are choosing to operate in with?
- The name of the country we both import from and export to the most (look at the graphs).
Down
- (2 words) Other name given to transnational corporations.
- The continent with the third highest GDP in the world (look at the charts).
- The acronym given to the metric used by economists to measure a country's economic health.
- (2 words) The industry in which people are employed to create goods by using various resources.
- (2 words) The name given to the system that includes all steps it takes to produce goods and services (raw materials, labour, assembly, etc).
- (2 words) The name given to the industry that harvests produce or raw materials.
- (3 words) What FOP stands for.
- (2 words) The name given to the industry that provides services.
- What consumers provide to the financial sector.
- What the financial sector provides to producers.
- Goods and services sold and sent to overseas countries.
- The acronym given to the law passed by the Australian government to prevent TNCs from avoiding paying their taxes.
22 Clues: (3 words) What FOP stands for. • What consumers provide to the financial sector. • What the financial sector provides to producers. • Goods and services sold and sent to overseas countries. • (2 words) Other name given to transnational corporations. • (2 words) What the government sector provides to producers. • ...
Year 9 Economics 2023-08-02
Across
- (2 words) The exchange of money from consumers to producers.
- Goods and services bought and brought in from overseas countries.
- (2 words) Companies that operate across multiple nations.
- (3 words) This is the name given to the benefit that allows TNSc to save money on costs by increasing the amount of goods/services produced.
- (2 words) This is one of the benefits enjoyed by developing nations when TNCs locate their factories there.
- The other name given to the good we import the most (look at the graphs).
- (2 words) The goods that we export the most of (look at the graphs).
- (2 words) What the government sector provides to producers.
- What source of income do TNCs provide the government of the countries they are choosing to operate in with?
- The name of the country we both import from and export to the most (look at the graphs).
Down
- (2 words) Other name given to transnational corporations.
- The continent with the third highest GDP in the world (look at the charts).
- The acronym given to the metric used by economists to measure a country's economic health.
- (2 words) The industry in which people are employed to create goods by using various resources.
- (2 words) The name given to the system that includes all steps it takes to produce goods and services (raw materials, labour, assembly, etc).
- (2 words) The name given to the industry that harvests produce or raw materials.
- (3 words) What FOP stands for.
- (2 words) The name given to the industry that provides services.
- What consumers provide to the financial sector.
- What the financial sector provides to producers.
- Goods and services sold and sent to overseas countries.
- The acronym given to the law passed by the Australian government to prevent TNCs from avoiding paying their taxes.
22 Clues: (3 words) What FOP stands for. • What consumers provide to the financial sector. • What the financial sector provides to producers. • Goods and services sold and sent to overseas countries. • (2 words) Other name given to transnational corporations. • (2 words) Companies that operate across multiple nations. • ...
Economics - Market Failure 2023-08-03
Across
- a country's productive resources are used that generate the maximum benefit for all consumers and the country.
- the addition to the total cost that occurs when one more unit of output is produced.
- a private good with positive externalities.
- the cost that a firm must meet (eg. rates).
- a market with two firms (50% control).
- large numbers of buyers and sellers are exchanging differentiated products.
- a private good with negative externalities.
- many buyers and sellers trade a homogenous product.
- the maximum quantity of output from a given quantity of productive resources.
- the extra revenue obtained by producing and selling another unit of output.
Down
- the state in which the allocation of goods and resources in a market is not efficient.
- a good such as national defence, a beach or road that are non-rival.
- indirect cost and benefits associated with the production and consumption of certain goods and services that the market fails to take into account.
- the return per unit of output.
- when the allocation of resources is optimal (e.g if you go past one person gains another person looses).
- one party to an economic transaction has more knowledge then the other party
- there are no clearly defined property rights, so no price can be attached to their use (e.g the ocean).
- an economy responding to change consumer demands by reallocating resources to new industries or production processes.
- the overuse or destruction of a common property good.
- the cost incurred by a firm (eg. wages).
- one sellar in the market (100% control).
- small number of firms are selling differentiated products.
- the cost per unit of output.
- once most efficient level of production has been reached, adding an extra factor of production causes a small increase in output.
- cost saving advantages that a firm of large size gets.
25 Clues: the cost per unit of output. • the return per unit of output. • a market with two firms (50% control). • the cost incurred by a firm (eg. wages). • one sellar in the market (100% control). • a private good with positive externalities. • the cost that a firm must meet (eg. rates). • a private good with negative externalities. • ...
Economics Crossword Puzzle 2021-09-24
Across
- suppose to be the case, without proof.
- all of the people born and living at about the same time, regarded collectively.
- very great in amount.
- angry or resentful, especially in response to a defeat or disappointment.
- an idea, feeling, or opinion about someone, especially formed after first meeting this person
- is a system or organization in which people or groups are ranked one above the other according to status or authority.
- ready or likely to attack or confront characterized by or resulting from aggression.
- become or cause to become more intense or serious.
- relating to a corporation, especially a large company or group.
- the complete final destruction of the world, as described in the biblical book of Revelation.
- cause (someone) to believe firmly in the truth of something.
- demand something forcefully, not accepting refusal.
- a label attached to someone or something for the purpose of identification or to give other information.
- the state of being diverse; variety.
- things to do
Down
- kill (people or animals) in a cruel or violent way, typically in large numbers.
- the state of being a partner or partners.
- making fun of someone or something in a cruel way; derisive.
- Figurative language meaning
- religious or solemn ceremonies consisting of a series of actions performed according to a prescribed order.
- performing, involving, or adept at spectacular gymnastic feats.
- causing someone to feel deeply hurt, upset, or angry.
- against or antagonistic toward a person or people on the basis of their membership in a particular racial or ethnic group, typically one that is a minority or marginalized.
- connect (someone or something) with something else in one's mind.
- seeming difficult to deal with in anticipation; intimidating.
- to have a hostile or deliberately frightening quality or manner.
26 Clues: things to do • very great in amount. • Figurative language meaning • the state of being diverse; variety. • suppose to be the case, without proof. • the state of being a partner or partners. • become or cause to become more intense or serious. • demand something forcefully, not accepting refusal. • causing someone to feel deeply hurt, upset, or angry. • ...
Unit 1 - Economics 2021-10-20
Across
- The laws, institutions and common practices that help a country determine how to use its resources to satisfy as many of its people's needs and wants as possible.
- A factor of production that refers to the machinery factories warehouses and equipment used to produce goods and services.
- Those goods or services that an economy produces to satisfy human needs.
- Canadian Economic Goal concerned with an increase in an economy's total production of goods and services.
- Physical resources that are necessary for production and are visible.
- Political Economic system characterized by private ownership of business and industry the profit motive and free markets.
- The sacrifice of one resource or production choice for another.
- The funds used to acquire real capital.
- A factor of production comprising the physical and mental effort contributed by people to producing goods and services.
- The contribution made by an owner manager or innovator who organizes land labour and capital to produce goods and services.
- An economic system in which production decisions are made by the actions of buyers and sellers in the marketplace.
- Goods such as tools or machinery used to produce consumer goods.
- The value of benefit that must be given up to achieve something else.
- Concerted messaging efforts used to influence thoughts and opinions by repeated emphasis distortion deception and misinformation.
- A self-sustaining system in which many independent transactions in a society create distinct flows of money and products or services.
- Resources that are necessary for production such as entrepreneurship knowledge and an environment for enterprise.
- Term applied to the private ownership of productive resources, characteristic of a market economy.
- Resources that are used to produce goods and services. Also called factors of production.
- Political system characterized by a freely elected government that represents the majority of its citizens.
Down
- Economic system predominantly featuring characteristics of a free market system but also incorporating some qualities of command economies.
- A factor of production that includes all natural resources used in production.
- - Canadian term for government owned land.
- Political system in which a single person exercises absolute authority over an entire country.
- Political system of the moderate left that calls for public ownership of the principal means of production to be achieved in a democratic and peaceful manner.
- An economic system in which production decisions are made by government appointed central planners.
- Political system on the extreme right combining a free market economy with non democratic form of government.
- Canadian Economic Goal concerned with promoting optimal production targets and optimal use of the labour force.
- Political system on the extreme left that calls for government or community ownership of the means of production.
- A graphical representation of the production choices facing an economy.
- The curve on a production possibilities graph representing the maximum numbers of two items that can be produced with a given amount of resources.
- The study of the way society makes decisions about the use of scarce resources.
- Trading of goods and services without the use of a monetary system.
- The use of bare minimum of resources to achieve a desired end such as consumption.
- An economic system in which production decision are determined by the practices of the past.
- A firm's ability to maximize output from the resources available usually measured as the firm's output per worker.
- To use limited resources efficiently in production.
36 Clues: The funds used to acquire real capital. • - Canadian term for government owned land. • To use limited resources efficiently in production. • The sacrifice of one resource or production choice for another. • Goods such as tools or machinery used to produce consumer goods. • Trading of goods and services without the use of a monetary system. • ...
Unit 3: Economics 2021-11-08
Across
- sector of the economy that deals with manufacturing
- sector of the economy that delivers tangible goods
- decline in industrial activity
- "central place provides services to surrounding areas
- goods or services sent to another country for sale
- operates in more than one country
- Manufacturing of goods in a factory
- goods or services brought into a country
- economic decisions are made by the government
- economic decisions are made by the individual
- gains weight/finished product is more expensive to transport than raw materials
Down
- process of improving material conditions through the diffusion of knowledge and technology
- largest industry in LDCs
- cluster of common things
- reduces weight/finished product is cheaper to transport than raw materials
- sector of the economy that deals with education and research
- the way scarce resources get distributed
- creater of central place theory
- sector of the economy that deals with the extraction of natural resources
- everything made or produced at home
- total value of goods and services a country produces
21 Clues: largest industry in LDCs • cluster of common things • decline in industrial activity • creater of central place theory • operates in more than one country • Manufacturing of goods in a factory • everything made or produced at home • the way scarce resources get distributed • goods or services brought into a country • economic decisions are made by the government • ...
Economics Topic 5 2021-12-02
Across
- all nonmilitary persons who are employed or unemployed
- workers allowed to work and live in the United States temporarily
- a measure that bans mandatory union membership
- contracting with another company for a job that can't be done by said company's workers
- labor that requires no need for training
- temporary work
- when a labor union and company meet to negotiate a new labor contract
- the theory that that suggests better education creates more efficient workers
- a type of demand that is dependent on the demand of another good and service
Down
- an unofficial barrier that stops women and minorities from advancing
- an organization that lobbies for better conditions and wages for its members
- someone who works in a professional setting and usually earns a monthly salary
- a legally binding settlement technique where a third party listens to both sides then imposes a decision for both
- the theory that completion of college indicates an applicant is smart and hardworking
- wage set when the supply of workers meets the demand
- an organized stop of work to get employers to meet union demands
- someone who preforms manual labor
- labor that requires training
- moving a company's resources to another country
- settlement type where a neutral person meets with both sides to form an agreement
20 Clues: temporary work • labor that requires training • someone who preforms manual labor • labor that requires no need for training • a measure that bans mandatory union membership • moving a company's resources to another country • wage set when the supply of workers meets the demand • all nonmilitary persons who are employed or unemployed • ...
Review...Again - Economics 2021-12-14
Across
- Opportunity cost states that there is no such thing as a ________ lunch. There is always a cost for the choices you make.
- The key to trade is __________.
- Consists of 27 member states in Europe; also known as the European Community (EC).
- All resources are limited.
- Goods purchased from another country and brought into a home country (coming into a country).
- A good that is unable to be touched or grasped, not having physical presence. Another name for "service."
- A factor of production; people who invest time and money to run a business.
- An example of this kind of good is hot dogs and hot dog buns, waffles & syrup. When one price goes up, it may affect the sales of the other.
- When producers make too much of a product and have to reduce the price to sell it.
- This acronym represents an agreement that was signed by 23 countries; it did away with import quotas and reduced the price of tariffs.
- There is an opposite relationship between price and quantity. When the prices goes down, consumers buy more.
- The study of the way a nation (or business or person) uses its limited resources to satisfy unlimited wants and needs.
- When the price of one country's currency is described in terms of another country's currency.
- A listing that shows the quantity demanded (of a product) at all prices that may occur in a market at a given time.
- Goods bought and used by customers, rather than by manufacturers for producing other goods.
- In this type of economy, government controls the factors of production.
- Goods we buy often and can't live without (toothpaste, water, milk, bread).
- The study of the economics of a small unit, such as a family or business.
- This economic system is commonly found in rural settings or in 2nd/3rd world nations.
- The way a nation uses its productive resources to produce and distribute goods and services.
Down
- This concept means less government involvement; supply and demand will govern the market by themselves, there's no need for government interference.
- The quantities of a product consumers are willing and able to buy at various prices given a period of time.
- This acronym represents a tax in Europe that is distributed to members based on need.
- Limits based on the quantities that can be imported.
- Goods sold from a home country to another outside country (going out of a country).
- In this type of economy, there is market competition and private ownership of land.
- When producers do not make enough of a product.
- There is a direct relationship between price and quantity. If sellers can get a higher price, they will make more of a product.
- An order by government prohibiting movement of ships into or out of ports.
- The quantities of a product that sellers are willing and able to produce at a given price.
- The single currency in Europe that replaced individual nation currencies.
- This acronym represents a trade organization that consists of 142 countries around the world.
- A good meant to last for a short time or have a one-time use.
- Inexpensive items that require little effort to buy, usually unplanned purchases.
- A factor of production; money, buildings, equipment and tools used to run a business.
- When a country is able to produce more of a given product than another, it has a(n) __________.
- When a country earns more on exports than it spends on imports, there is a ________.
- The study of the economics of an entire country.
- The point where the supply curve and the demand curve intersect.
- A factor of production; everything contained in the earth or sea.
- When a country spends more on imports than it earns on exports, there is a ________.
- This acronym represents an agreement that made trade easier among the U.S., Canada, and Mexico.
- In this type of economy, there is more government involvement than capitalist nations, but government runs key industries such as transportation and banking.
- Any good you can physically touch.
- The amount earned when calculating the equilibrium (price x qty).
- The Father of Economics.
- A good meant to last for years.
- A factor of production; all people who work.
- Taxes placed on imports.
49 Clues: The Father of Economics. • Taxes placed on imports. • All resources are limited. • The key to trade is __________. • A good meant to last for years. • Any good you can physically touch. • A factor of production; all people who work. • When producers do not make enough of a product. • The study of the economics of an entire country. • ...
Economics Chapter 9 2021-12-09
Across
- dollar amounts or prices that have been adjusted for inflation
- noninstitutionalized part of the population, aged 16 and over, either working or looking for a job
- labor union whose members perform the same kind of work; same as trade union
- explanation of wage rates based on the bargaining strength of organized labor
- year serving as a point of comparison for other years in a price index or other statistical measure
- agreement by two parties to place a dispute before a third party for a binding settlement; also called binding arbitration
- labor union whose members perform different kinds of work in the same industry
- length of time a person has been on a job
- theory that employers are willing to pay more for people with certificates, diplomas, degrees, and other indicators of superior ability
- provision in a contract outlining the way future disputes and grievance issues will be resolved
- arrangement under which workers have the option to join a union after being hired
- wage, fringe benefit, or work rule given up when renegotiating a contract
- seemingly invisible barrier hindering advancement of women and minorities in a white-male dominated organization
- wage scale paying newer workers a lower wage than others already on the job
- explanation stating that the supply and demand for a worker’s skills and services determine the wage or salary
Down
- arrangement under which workers must join a union before they are hired; usually illegal
- union-organized work stoppage designed to gain concessions from an employer
- wage rate leaving neither a surplus nor a shortage of workers in the market
- process of negotiating between union and management representatives over pay, benefits, and job-related matters
- worst period of economic decline in U.S. history, lasting from approximately 1929 to 1939
- process of resolving a dispute by bringing in a neutral third party to help both sides reach a compromise
- arrangement under which workers must join a union after being hired
- guaranteed contract or portion of a contract reserved for a targeted group, usually a minority
- demonstrate or march before a place of business to protest a company’s actions or policies
- prevailing pay scale for work performed in an occupation in a given area or region
- lowest legal wage that can be paid to most workers
- unions organized, supported, or run by an employer
- protest in the form of refusal to buy, including attempts to convince others to take their business elsewhere
- court order issued to prevent a company or union from taking or not taking action during a labor dispute
- management refusal to let employees work until company demands are met
- state law making it illegal to require a worker to join a union
- dollar amounts or prices that are not adjusted for inflation
- labor union not affiliated with the AFL-CIO or the Change to Win Coalition
- agreement between union and management to have a neutral third party collect facts about a dispute and present nonbinding recommendations
- arrangement under which nonunion members must pay union dues
- temporary government takeover of a company to keep it running during a labor-management dispute
36 Clues: length of time a person has been on a job • lowest legal wage that can be paid to most workers • unions organized, supported, or run by an employer • dollar amounts or prices that are not adjusted for inflation • arrangement under which nonunion members must pay union dues • dollar amounts or prices that have been adjusted for inflation • ...
Economics and Business 2022-05-30
Across
- The sequence of processes involved in the production and distribution of a commodity.
- At higher prices, sellers will supply more of an economic good.
- A monetary measure of the market value of all the final goods and services produced by a country
- A business going beyond the law to have a positive impact on society and reduce the negative impact on the environment.
- Specific objectives related to the financial position of the business, such as profit or surplus, sales, and market share.
- The ownership of a fraction of a corporation
- This sector is made up of all bodies in national, state, and local governments. They receive taxation revenue from households and businesses. • They spend this money on public goods and services, such as roads, parks, schools, and hospitals.
- A a deceptive scheme or trick used to cheat someone out of something, especially money.
- The quantity of goods and services that producers are willing to offer for sale.
- Something that will be used further along the production chain, such as flour made from wheat.
- Unlimited number of shareholders & shares sold on the stock exchange.
- Where a person uses information that is not yet available to the public to gain an advantage for themselves in the trading of financial products.
- The economic problem of having unlimited needs and wants, but limited resources that can be used to achieve them.
- An amount of money borrowed by one party from another.
- A good or service that is desired, but which is not necessary for survival or to meet the basic standard of living in a community.
- A forecast of projected income and expenses for a given period.
- Tangible (physical) items that can be seen and touched and which satisfy individual and societal needs and wants.
- A person or a group that is the final user of goods and services produced within an economy.
- When the consumer obtains the finished product or service, such as retail.
- These are currencies only available in a digital or electronic form, and not in the physical form
- 2-50 shareholders only & shares can only be traded with the permission of other shareholders.
- A good or service that consumers consider necessary to maintain their standard of living.
- The percentage of people in the labour force who are unemployed
- This sector is made up of banks and other financial institutions in the economy. They receive savings from households and businesses. They help households and businesses invest by lending them money.
Down
- Resources that come from nature, from above or below the ground. These can include coal, fish, wood etc.
- The use of raw materials. Includes farming, forestry, fishing, and mining.
- Goods or services sold by one country to another country with the aim of extending sales and market penetration.
- An advantage that a business holds over others in its industry, sector, or location.
- The quantity of a good, or a service, that consumers are willing and able to purchase at a particular point in time.
- A business owned and operated by one person.
- Intellectual or physical skills of a worker that are needed to make a good or provide a service. This can include a store manager, bricklayer or nurse.
- The value of the next best alternative that is foregone whenever a choice is made.
- An arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment.
- At higher prices, buyers will demand less of an economic good.
- Expenses that represent those daily spending decisions like eating at a restaurant and drinking Starbucks.
- Specific objectives related to the wellbeing of the community and or the environment.
- When people choose between alternatives and use their scarce resources for those items that best satisfy their wants.
- Consumer rights such as your right to a repair, replacement, or refund as well as compensation and being able to cancel a faulty service.
- When products produced in the primary stage are made into various intermediate goods and finished goods.
- This sector is made up of all businesses in the economy. They produce output (goods and services), which they sell to consumers and receive revenue. They may borrow money from, or save money with, the financial sector. They pay taxes to the Government.
- The rate at which prices increase over time, resulting in a fall in the purchasing value of money.
- A sum of money paid regularly by a company to its shareholders out of its profits.
- An individual, group or organisation that has a vested interest in a business.
- Putting money aside to spend at a later date.
- Expenses that cost the same amount each month. These bills cannot easily be changed and are usually paid on a regular basis.
- The total personal income minus personal current taxes.
- All activities undertaken for the purpose of the production, distribution and consumption of goods and services in a region or country.
- An unincorporated business structure with a minimum of 2 and a maximum of 20 owners.
- Regular payments (9.5%) made into a fund by an employee towards a future pension.
- Manmade resources such as machinery, buildings, roads, and bridges that are used to produce and transport the goods and services we purchase.
- This sector is made up of individuals in the economy. They provide their time and skills to firms in exchange for income. They are consumers who buy goods and services from Firms. They may borrow from, or save money with, the financial sector. They pay taxes to the Government.
- A good that is ready to be sold to its final consumer, such as a chocolate bar.
- Individuals and businesses involved in the production of goods and services.
- An individual who starts or takes over control of a business or independent organisation, often employing initiative, innovation and risk-taking.
- Goods and services that are produced overseas and sold to Australian consumers.
55 Clues: A business owned and operated by one person. • The ownership of a fraction of a corporation • Putting money aside to spend at a later date. • An amount of money borrowed by one party from another. • The total personal income minus personal current taxes. • At higher prices, buyers will demand less of an economic good. • ...
Economics Final Project 2022-06-07
Across
- the percentage of your invested money that goes towards the fund manager.
- A determinant of demand that changes based off of what consumers like.
- How much prices go up over a period of time.
- Factor of production that is the people who run/own the business
- Demand is_______when a change in price causes a large change in quantity demanded.
- When quantity supplied and demanded are the same.
- The minimum retirement age.
- It states that price and quantity are inversely related.
- A recession and inflation together.
- when there is too much of a product being made.
- Actions taken by the Federal Reserve to increase or decrease the money supply to fight a recession, inflation, or stagflation.
Down
- Someone who buys stocks and mutual funds for you since you legally cannot
- Mutual funds that invest primarily in U.S. based companies.
- The person who runs the mutual fund.
- When the economy is decreasing.
- The centralized bank that is used as a bank for other banks.
- Type of mutual fund account your parents can open for you where all the money is yours.
- How many factors of production you need for production to take place
- Actions taken by Congress to increase or decrease aggregate demand to fight a recession, inflation, or stagflation,
- The company that grades mutual funds up to 5 stars.
- An inflation rate of 4% or less every year.
- Economist who thought that government involvement to fight recessions, inflation, and stagflation was key.
- The economist who said "To heck with government involvement!"
- How much money is made from selling goods and services in the United States.
- The percentage of individuals 16 years or older who want a job but don't have one.
- The cost of purchasing one share of a mutual fund.
26 Clues: The minimum retirement age. • When the economy is decreasing. • A recession and inflation together. • The person who runs the mutual fund. • An inflation rate of 4% or less every year. • How much prices go up over a period of time. • when there is too much of a product being made. • When quantity supplied and demanded are the same. • ...
Introduction to Economics 2022-05-24
Across
- giving up one thing for another
- cost next best use of money or time
- includes buildings and tools
- study of how people choices with resources
- the money a business receives from selling goods
- to deliver
- supply is greater than the demand
- system way of producing things people want or need
- person who buys goods
- not enough resources to satisfy wants
- amount of a good consumers are willing to buy
Down
- person or business that provides goods or services
- place where buyers and sellers meet
- desires that people have
- alternative
- workers and their abilities
- economy individuals and businesses own all resources
- economy government planners make all decisions
- a person
- all things used in making products
- quantity demanded is is greater than supplied
- amount of a good consumers are willing to sell
22 Clues: a person • to deliver • alternative • person who buys goods • desires that people have • workers and their abilities • includes buildings and tools • giving up one thing for another • supply is greater than the demand • all things used in making products • place where buyers and sellers meet • cost next best use of money or time • not enough resources to satisfy wants • ...
Economics Unit Review 2025-02-08
Across
- belief that survival of the fittest should be applied to people; justified expansion of Europeans into Africa and Asia [2 words].
- lived in slums and tenement type buildings without clean water or methods to manage waste [2 words].
- gave the British Hong Kong and British citizens special treatment in China [2 words]
- written by Karl Marx, describes the stages leading to a society where everyone is equal and there is no need for a government [2 words].
- the government should let the economy run itself [2 words].
- British smuggled addictive drug into China despite gov't attempts to stop the trade. Chinese lost and were forced to sign unfavorable treaties [2 words].
- had initial control over India before the British gov't took over [4 words]
- location of the conference where Africa was divided among European powers without indigenous input.
- eventually formed to help with negotiating better working conditions for people in factories and mines.
- 1st industry to be industrialized with products being made by machine in factories, first located by rivers and later powered by steam.
- rapid growth of cities as people migrate in search of employment in factories.
- founder of capitalism, believes that demand drives cost [2 words].
- belief that it was the European's 'responsibility' to care for those 'less fortunate' [3 words]
Down
- revolt against foreign influence in China [2 words].
- middle class
- when a stronger country dominates a weaker one politically, economically, and socially.
- soldiers refused to use the new rifle cartridges and mutinied against the British East India Co. Seen as 1st War of Independence in India. [2 words]
- industrialized 1st because it had all the required ESPeN factors [2 words]
- natural resource that was in high demand in the Belgian Congo; many were killed in an effort to exploit this resource.
- spend up the textile industry because making wool into yarn was made more efficient than by hand [2 words].
- was common in factories and mines; no laws preventing it; were abused and overworked in dangerous conditions [2 words].
- increased production in growing food led to a growing population and therefore a growing labor force for industrialization [2 words].
- weaving machine powered by steam [2 words].
- powered both boats and locomotives [2 words].
24 Clues: middle class • weaving machine powered by steam [2 words]. • powered both boats and locomotives [2 words]. • revolt against foreign influence in China [2 words]. • the government should let the economy run itself [2 words]. • founder of capitalism, believes that demand drives cost [2 words]. • ...
Economics Crossword BEP20 2024-09-16
Across
- Steady increase in employment, demand, income and investments; improving economic situation
- Additional percentage rate at which it costs to borrow money
- Severe reduction in demand, income and investments; overwhelming levels of unemployment
- Economic system in which businesses respond to consumer desires; private ownership may exist
- Needs; need to make one feel included; part of a community
- Goods used less as income increases
- Needs; need to give confidence and a sense of security
- System in which customs are passed through time
- Goods used together; Goods often purchased by consumers at the same time
- An assembly line; where each party works exclusively on the component assigned to them; what they are good at
Down
- Increase in prices, decrease in purchasing power of money
- Whom something originates from; goods made or grown; services provided
- needs; Must haves for survival
- Desire to purchase goods and services at a certain price
- Goods that can replace one another
- A web; the reliance between various organizations and businesses
- The price that supply is equal to demand
- Decrease in demand, income and investments; increase in unemployment
- Time with increase in standard of living, investments, and optimal general state of economy
- User; person who utilizes a good or service
- An asset acquired in order to gain value over time
- Economic system in which government controls nearly every aspect of the economy
- Needs; needs that make one feel better about oneself
- Amount of goods and/or services in a market available to consumers
- Initialism; monetary value of goods and services and total economic activity in a specific area, over a specific time period
- Something of value; often in the form of equipment to produce goods efficiently
26 Clues: needs; Must haves for survival • Goods that can replace one another • Goods used less as income increases • The price that supply is equal to demand • User; person who utilizes a good or service • System in which customs are passed through time • An asset acquired in order to gain value over time • Needs; needs that make one feel better about oneself • ...
Economics Crossword - Kalkie 2024-09-17
Across
- Theory Stating that a person does not feel a higher need until the needs of the current level have been satisfied.
- Anyone who creates or grows a good, or supplies a service to sell.
- Assistance given in exchange for payment, satisfying necessities and luxuries of people or businesses, but does not resolve in a product that can be touched physically.
- Goods which could replace one another.
- Items which can be seen or touched and are crucial to survival.
- Supplied The amount supplied at a specific price.
- Fundamental and necessary item for survival.
- The quantity of goods and services consumers are willing to purchase at a specific price.
- Items which can be seen or touched but are not crucial to daily life.
- Unnecessary and luxury items which add pleasure and comfort to daily life.
- An economy where the consumers, businesses, and government unanimously make the decisions.
- Resources which goods and services are available to consumers.
- An economy where decisions are based on customs and traditions passed on from the generations before.
- A system that emphasizes the government as the sole important leader and decision-maker.
Down
- A product or service that has become outdated and replaced by a new or improved product, and consumers no longer want.
- People of the working class.
- Resources which aid to creating another resource with increased efficiency.
- Resources where people work to produce services and goods in a business (workforce)
- A system where consumers and businesses make the decisions, and people are given importance as individuals.
- When a business relies on multiple other businesses to thrive.
- Curve The visual demonstrating the correlation between the quantity supplied and the price.
- Where amount supplied and demanded are equivalent.
- Raw material resources that we extract from water, air, and the earth.
- Curve The visual demonstrating the correlation between the price and the quantity of product consumers want to purchase.
- Equipment, building, money, that is utilized to create goods and services.
- The quantity of goods and services businesses are willing and are able to sell at a specific price.
- Goods which complement one another.
27 Clues: People of the working class. • Goods which complement one another. • Goods which could replace one another. • Fundamental and necessary item for survival. • Where amount supplied and demanded are equivalent. • Supplied The amount supplied at a specific price. • When a business relies on multiple other businesses to thrive. • ...
ECONOMICS CROSSWORD PUZZLE 2024-09-22
Across
- -driven by a specific need. In other words, they enter the store quickly, purchase what they need, and leave.
- -is the study of how society manages its scarce resources.
- -prefer the convenience of shopping from home, accessing a widerange of products with just a few clicks. They value quick delivery and easy return policies.
- -consumers place great importance on the quality of the products theypurchase.
- -is the end-user of those goods or services, it is the one who uses or consumes it.
- -the study how people decisions.
- -solution in which a market left on its own fails to allocate resources efficiently.
- -Whatever must be given up to obtain some item
- -is the amount a seller is paid for a good minus the seller's cost
Down
- -customers make up bedroom of any business.Are those whohave made a commitment to your product and service.
- -Maximizing the total surplus received by all members of society
- -draw the largest amount of traffic to the company while making up the smallest percentage of sales revenue.
- -are those simply browsing products and services with no specific purchasing goal in place. This type of consumer is usually receptive to upselling and has the potential to become a loyal customer if product and services meet or exceed their expectations and desires
- -are seeking the best deal, period,and most likely won't be swayed by upsellingtechniques— in fact, this may cause them to moveon.This customer also rarely, if ever,makes purchases on impulse.
- -Something that induces a person to act, i.e. the prospect of a reward or punishment
- -It can be an individual, corporation, government, or any other entity. In financial markets, it is a party that offers an asset they own or hold for purchase by someone else.
- -the amount that buyers are willing to pay for a good minus the amount they actually payfor it, measures the benefits that buyer received form a good as they buyer themselves perceive it.
- -consumers stick to specific brands they trust and prefer, regardless of pricefluctuations or promotions.
- -is an economic system based on supply and demand with little or no government control.
- -is how much money the least well off make compared to the most well off—and how wealth is distributed in a society.
- -a condition of fairness where the economic processes and their outcomes do not unduly favor or disadvantage any particular group or individual.
- -a person or entity that creates goods or services forsale or exchange, while a consumer is a person or entity that purchases and uses goods or services.
22 Clues: -the study how people decisions. • -Whatever must be given up to obtain some item • -is the study of how society manages its scarce resources. • -Maximizing the total surplus received by all members of society • -is the amount a seller is paid for a good minus the seller's cost • -consumers place great importance on the quality of the products theypurchase. • ...
AS Economics 1 2025-03-10
Across
- Physical goods used to produce other goods and services (e.g., machinery, buildings).
- A payment made by the government to support or encourage a particular economic activity.
- A place where buyers and sellers meet to exchange goods and services.
- A market structure where one firm controls the entire supply of a good or service.
- A compulsory financial charge levied by the government on individuals or businesses.
- The exchange of goods and services between people or countries.
- The total value of all goods and services produced within a country in a year.
- The cost of borrowing money or the return earned on savings.
- Cost The cost of the next best alternative forgone when a decision is made.
- The rate at which the general level of prices for goods and services rises.
Down
- A measure of how much demand or supply responds to price changes.
- A situation where one product can replace another in consumption.
- The basic economic problem caused by limited resources and unlimited wants.
- A financial plan outlining expected income and expenditures.
- A situation in which businesses vie for customers by offering better products or services.
- The financial gain from business activities, calculated as revenue minus costs.
- The desire and ability of consumers to purchase goods and services.
- The total amount of a good or service available for purchase.
- The income generated from the sale of goods and services.
- The human effort used in the production of goods and services.
20 Clues: The income generated from the sale of goods and services. • A financial plan outlining expected income and expenditures. • The cost of borrowing money or the return earned on savings. • The total amount of a good or service available for purchase. • The human effort used in the production of goods and services. • ...
Kaylee's Economics Puzzle 2025-03-13
Across
- the amount of things that exist
- money that you have to pay back
- limited amount of money that someone earns for their work
- rivalry between two or more companies
- business that makes a product
- a tax on goods that you buy
- the work that someone does
- when a product is easy to find
- a service in which you put money in a bank so that you can take it out slowly over time
- someone who works for an employer
- the study of how we use money
Down
- when a product is hard to find
- doing one thing very well in a business
- tax that is charged on money earned from working
- different workers do different parts of a job
- the amount of products that people are willing to buy
- looking for items that are similar to one that you want
- a percentage of the total amount you have in the bank that is paid into your account
- person who buys a product
- money that is paid to the government
20 Clues: person who buys a product • the work that someone does • a tax on goods that you buy • business that makes a product • the study of how we use money • when a product is hard to find • when a product is easy to find • the amount of things that exist • money that you have to pay back • someone who works for an employer • money that is paid to the government • ...
Economics - Key Terms 2024-10-29
Across
- Word for making stuff in a business
- Someone who buys goods, not someone who eats food
- What someone provides is also called ________
- We don't reeaally need it, but we totally have to have it
- All the money you don't have on a card
- Not how much you're curious about something but
- Arguing to get a discount
- Someone inspecting a business
- Putting money into a bank
- The future of payments
- This is not the resources we have but the workforce or staff
- How much money do have to spend
- When there's not an abundance of something there is a ________
- Have stuff sent over the seas for us
- How much the people want
- Can take form in a phone call or anything they usually want money from you
- Natural stuff that we can use to make stuff
Down
- When someone asks for help with work and you put up your hand without being asked
- money currency bucks dough moolah loot coinage change dollar
- Like a baby it has _____
- Gives you information about stuff you might buy or rent
- To open your phone you must enter your ___
- What you get after buying stuff
- Getting a better quality of life while also minimizing environmental damages
- What happens after you stop taking drugs, oh also about money and ATMs
- Another word for stuff a business sells
- Business is all about money but also ______ and Demand
- How much money you get
- Sounds like an adventure but it's just spending money
- Sending goods over seas for money
30 Clues: The future of payments • How much money you get • Like a baby it has _____ • How much the people want • Arguing to get a discount • Putting money into a bank • Someone inspecting a business • What you get after buying stuff • How much money do have to spend • Sending goods over seas for money • Word for making stuff in a business • Have stuff sent over the seas for us • ...
Currencies and Economics 2025-03-17
Across
- Something, typically money, that is owed
- A flat, typically round piece of metal used as money
- The money one has saved, especially through a bank
- A financial gain, especially the difference between revenue and expenses
- The management of large amounts of money
- An estimate of income and expenditure for a set period
- The cost of borrowing money, typically expressed as a percentage
- The action of putting money into something to gain profit
- A regular gathering for the purchase and sale of commodities
- An abundance of valuable possessions or money
- A medium of exchange in the form of coins and banknotes
Down
- The act of giving one thing and receiving another in return
- A compulsory contribution to state revenue
- A general increase in prices and fall in the purchasing value of money
- A system of money in general use in a particular country
- The ability to obtain goods or services before payment, based on trust
- The amount by which expenses exceed revenue
- A piece of paper money
- The wealth and resources of a country or region, especially in terms of production and consumption
- The action of buying, selling, or exchanging goods
20 Clues: A piece of paper money • Something, typically money, that is owed • The management of large amounts of money • A compulsory contribution to state revenue • The amount by which expenses exceed revenue • An abundance of valuable possessions or money • The money one has saved, especially through a bank • The action of buying, selling, or exchanging goods • ...
Economics Final (1) 2025-05-12
Across
- tangible item that people pay for
- push to unify the world economically
- Karl Marx views history as a _____ between classes
- occurs when demand exceeds supply
- severe and long-lasting recession
- human activity which creates goods
- economist who warned that money supply should be limited
- commitment of resources to bring future profit
- expansion occurs during an _____ in production
- amount of money a buyer pays a seller for a good
- economist who argued that value is subjective
- when one party pays another for loss protection
- resources used to create goods
Down
- the desire to improve one's economic situation
- states that economic problems are best handled by planners
- this effect states consumers buy cheaper goods when prices rise
- the quality of producing effectively with minimum waste
- economics is the study of _____ that people make
- type of good that lasts three years or less
- occurs when firms work together to gain an advantage
- type of agreement that involves only two nations
- a durable good lasts at least how many years
- highest point of the business cycle
23 Clues: resources used to create goods • tangible item that people pay for • occurs when demand exceeds supply • severe and long-lasting recession • human activity which creates goods • highest point of the business cycle • push to unify the world economically • type of good that lasts three years or less • a durable good lasts at least how many years • ...
Economics CHAPTER 2 2024-03-25
Across
- a government in which the people have a say in government but in which the government owns the major industries.
- a contest between businesses or individuals to sell a product or service.
- a system in which individuals and private businesses own and control production.
- something that is passed down from one group to another
- Farm Country/Area away from a city.
- The question of what is needed.
- money left over after all the costs of production have been paid.
- an economy in which there is a blend of economic systems.
- An economy that does things as they were done in the past
- a person who lives before your time.
- an economy in which government leaders give the answers to the 3 questions.
- The question where it is decided how something is produced.
Down
- items such as electricity, water or gas.
- large-scale production of basic items
- a government in which the people have no rights; one person or a small group of people rule the country by force and make all the laws.
- something that makes a person take an action.
- a place where people come together to purchase and sell things.
- The question of where goods and services will go to.
- a government in which citizens take part.
- an elected leader who makes and carries out laws.
- a government in which the government owns all property.
- aid (money or goods) for those in need.
- every day items that people purchase
- believe that government rather than individuals should own a country's major industries.
24 Clues: The question of what is needed. • Farm Country/Area away from a city. • every day items that people purchase • a person who lives before your time. • large-scale production of basic items • aid (money or goods) for those in need. • items such as electricity, water or gas. • a government in which citizens take part. • something that makes a person take an action. • ...
Introduction to Economics 2024-04-18
Across
- meaning that the government becomes involved with the workings of markets.
- development, meaning 'Development which meets the needs of the present without compromising the ability of future generations to meet their own needs'
- of productions, inputs (land, labour, capital, entrepreneurship) used to produce goods and services.
- good, Any good that is not scarce, therefore has a zero opportunity cost.
- economic decision-makers interact with and depend on each other; arises from the fact that no one is self-sufficient.
- study of choices leading to the best possible use of scarce resources in order to best satisfy unlimited human needs and wants.
- well-being, levels of prosperity, economic satisfaction and standards of living among the members of a society.
- capital', skills, abilities, knowledge and levels of good health acquired by people
- "Involves making the best possible use of scarce resources to avoid waste
- not enough to produce everything that human beings need and want.
- includes the physical and mental effort that people contribute to the production of goods and services.
Down
- capital', including machinery, tools, equipment, buildings, etc.
- ,which itself has been produced (it does not occur naturally)
- condition of being fair or just
- includes all natural resources: land and agricultural land, as well as everything that is under or above the land,
- cost, value of the next best alternative that must be given up or sacrificed in order to obtain something else.
- examines the economy as a whole by use of aggregates, total income and output of the entire economy as well as total employment and the general price level.
- examines the behaviour of individual decision making units, consumers and firms
- ability of the environment and the economy to continue to produce and satisfy needs and wants into the future for future generations
- organises the other three factors of production (land, labour and capital) and takes on the risks of success or failure of a business.
- sciences, studies human society and social relationships, concerned with discovering general principles describing how societies function and are organised
- selecting among alternatives, due to the scarcity of resources.
22 Clues: condition of being fair or just • ,which itself has been produced (it does not occur naturally) • selecting among alternatives, due to the scarcity of resources. • capital', including machinery, tools, equipment, buildings, etc. • not enough to produce everything that human beings need and want. • ...
Key Economics Vocabulary 2024-04-19
Across
- things you must have to survive
- decisions made between two or more options
- the number of people who want or need something
- exchanging one good or service for another
- the amount of something that is available
- the physical or mental effort used to produce things
- depending on others to produce things you don't produce yourself
- wait until later to spend money
- not having enough of what you want or need
- anything needed to produce goods or services
- something we pay others to do for us
Down
- trading one item or service for another
- to buy
- things you can buy like a candy bar or a car
- making or producing one of a kind things
- buying goods or services from another country
- things you would like to have but are not necessary
- a person who makes a good or service
- a plan for spending your money
- sending goods or service to another country
- a person who buys a good or service
21 Clues: to buy • a plan for spending your money • things you must have to survive • wait until later to spend money • a person who buys a good or service • a person who makes a good or service • something we pay others to do for us • trading one item or service for another • making or producing one of a kind things • the amount of something that is available • ...
Economics Unit Test 2021-05-17
Across
- reduced the population of Tenochtitlan by 40% in one year
- (of a disease) prevalent over a whole country or the world.
- Timbuktu and Gao were located along this feature [2 words]
- – dairy maids were found to be immune to small pox, due to their exposure to __________.
- large lumps on lymph nodes
- the Roman Empire did not have consistent leadership and many were ___________.
- the last Roman emperor was deposed [3 words]
- the eastern part of Rome that lasted for another 1,000yrs [2 words]
- thousands needed to make a small amount of product
- bacteria that causes plague; still “out there” but can be treated with antibiotics [2 words]
- trading network that included land and sea routes [2 words]
- was spread due to the Silk Road
- overland route that connected three trade kingdoms to Cairo & the Arabian Peninsula [2 words]
- spread due to the Silk Road
- (of a disease or condition) regularly found among particular people or in a certain area.
- could carry large quantities of trade goods
- religious group who believed they needed to repent because of their sins causing the plague.
Down
- infection has spread into one’s blood
- city of Muslim learning
- one of the more terrifying symptoms of the plague that people were aware of before they died
- many have memories of this from early childhood, however, does it represent something much darker? [4 words]
- soldiers for hire
- trading kingdom that benefitted from the monsoon seasons
- plague that started in lymph nodes
- an outbreak or product of sudden rapid spread, growth, or development
- variation of plague that people could spread from person to person
- Aztecs lacked this, causing them to be more vulnerable to small pox. [2 words]
- trading kingdom who utilized the Red Sea and Mediterranean Sea for its routes
- crushed into a powder & blown into a person’s nose
- preservation of meat
- Rome’s ________ included people they called “barbarians” who they hired to serve
31 Clues: soldiers for hire • preservation of meat • city of Muslim learning • large lumps on lymph nodes • spread due to the Silk Road • was spread due to the Silk Road • plague that started in lymph nodes • infection has spread into one’s blood • could carry large quantities of trade goods • the last Roman emperor was deposed [3 words] • ...
Government and Economics 2022-03-16
Across
- leader & legislature elected separately
- blocking all trade
- A nation’s money
- basic way citizens can influence the government
- limiting imported goods
- political authority rests with a nation’s citizens
- trading a good for a service
- law making body
- % of people who are able to read and write
- tax on imported goods
Down
- creative risk takers that start a business
- citizens elect legislators who select the nation’s chief executive
- producing goods the fastest and cheapest and in great abundance
- Scale ranking world economies
- system in which a country is organized
- political authority rests with a single leader
- economy where the gov makes all the decisions
- value of all goods and services produced in a nation
- blending of all modern economies
- amount of comfort available to a person
- economic model based on custom and habit
21 Clues: law making body • A nation’s money • blocking all trade • tax on imported goods • limiting imported goods • trading a good for a service • Scale ranking world economies • blending of all modern economies • system in which a country is organized • leader & legislature elected separately • amount of comfort available to a person • economic model based on custom and habit • ...
Government and Economics 2022-03-16
Across
- amount of comfort available to a person
- leader & legislature elected separately
- value of all goods and services produced in a nation
- creative risk takers that start a business
- economic model based on custom and habit
- citizens elect legislators who select the nation’s chief executive
- economy where the gov makes all the decisions
- law making body
Down
- system in which a country is organized
- blending of all modern economies
- limiting imported goods
- basic way citizens can influence the government
- political authority rests with a nation’s citizens
- Scale ranking world economies
- A nation’s money
- % of people who are able to read and write
- trading a good for a service
- tax on imported goods
- political authority rests with a single leader
- producing goods the fastest and cheapest and in great abundance
- blocking all trade
21 Clues: law making body • A nation’s money • blocking all trade • tax on imported goods • limiting imported goods • trading a good for a service • Scale ranking world economies • blending of all modern economies • system in which a country is organized • amount of comfort available to a person • leader & legislature elected separately • economic model based on custom and habit • ...
Wealth and Economics 2022-03-09
Across
- growing only enough food to survive
- money that is invested to get businesses started
- type of economy with no government control based on subsistence farming
- these are the people in charge of traditional economies
- this is needed to help people become skilled labourers in a country
- type of economy where the government has complete control of products being produced
- products made in a country
- an example of a job in the tertiary industry
- water soil minerals provided by the earth that can be used to develop an economy
- the money earned from the sale of goods or services
- people who have the ideas and plans to get businesses going
- an example of a job in the primary industry
- the system a country uses to produce goods and services
Down
- type of industry that involves providing services communication or transportation
- an example of a quaternary job
- one of the main sources of capital for people to get businesses started
- type of economy with some government control and some freedom for individuals
- an example of a job in the secondary industry
- the people available to work in an economic system can be skilled or unskilled
- tyoe of economy where the government has little involvement and there is a lot of competition keeping costs down
- industry that involves knowledge application like software or education
- places that make it easy to ship goods in and out of a country by water
- total value of a country's resources
- type of industry that involves changing resources into finished products
- actions performed for others in exchange for payment
- the amount of money it takes to create products including building factories and hiring workers
- type of industry that involves getting resources from nature
27 Clues: products made in a country • an example of a quaternary job • growing only enough food to survive • total value of a country's resources • an example of a job in the primary industry • an example of a job in the tertiary industry • an example of a job in the secondary industry • money that is invested to get businesses started • ...
chapter 3 economics 2022-03-24
Across
- B
- noncash charge
- permission to create a corporation
- by two or more persons
- smallest fraction of total sales
- taxation of corporate profits
- price paid for the use of another’s money
- firm.
- and parts in reserve—to satisfy customers or to keep production flowing
- a combination
- not active in the daily running
- stock of finished
- the smallest form of business and have the
- —a business owned and run by a single individual.
Down
- or ownership certificates in
- is a written promise to repay the amount borrowed
- stock represents nonvoting
- a later date.
- the
- entity s not recognized as a
- stock represents basic ownership of a corporation
- shares of the corporation
- partnership, at least one partner
- legal unlimited liability The main disadvantage of a proprietorship is that the owner of the business has
- a government document that
- that transfers a portion of the corporate earnings—to each stockholder.
26 Clues: B • the • firm. • a later date. • a combination • noncash charge • stock of finished • by two or more persons • shares of the corporation • stock represents nonvoting • a government document that • or ownership certificates in • entity s not recognized as a • taxation of corporate profits • not active in the daily running • smallest fraction of total sales • partnership, at least one partner • ...
What is Economics? 2022-10-18
Across
- market value of all goods and services produced by the economy in a given year
- total number of units at a particular price
- graphical illustration of the relationship between price and quantity supplied
- study of how humans make choices under conditions of scarcity
- looks at the economy as a whole
- the relationship between the price in a market and the amount that producers make available for sale
- good or service that can be used in place of another good or service
- economic effort is devoted to goas passed down from a ruler or ruling class (the government)
- large number of buyers and sellers, no one can control the market price
- higher prices result in a lower quantity demanded
- periods of increasing and decreasing GDP
- point in the business cycle fluctuation during which growth slows, unemployment increases, and pricing pressure subsides.
- government does not intervene in any way. Ideal type of market economy
Down
- the amount of goods and services consumers are willing and able to purchase at each price
- exists when human wants for goods and services exceed the available supply
- shows relationship between price and qty. demanded on a graph
- focuses on the actions of individual agents within the economy
- what must be given up to obtain something desired
- characterized by increasing employment, economic growth, and upward pressure on prices (rising economic indicators)
- relationship that a higher price leads to a higher quantity supplied
- extended period of decline with no improving indicators
- decisions about what products are available and at what prices are determined through the interaction of supply and demand
- what a buyer pays for a unit of the specific good or service
- any situation that brings together buyers and sellers of goods and services
- quantity supplied equals quantity demanded
25 Clues: looks at the economy as a whole • periods of increasing and decreasing GDP • quantity supplied equals quantity demanded • total number of units at a particular price • what must be given up to obtain something desired • higher prices result in a lower quantity demanded • extended period of decline with no improving indicators • ...
Economics of Sports 2022-10-05
Across
- - Forbid teams from going above the salary cap
- - More of a resource than demanded
- - Market diamond and supply balance each other
- - Football Union
- - Basketball Union
- - Allows teams to go above the salary cap, by reducing privileges in free agency
- - An agreement or rule that places a limit on the amount of money that a team can spend on players salaries
- - Collective refusal by employees to work under certain conditions
- - A player who can sign an offer sheet with any team, but that offer can also be matched by the former team
- - Baseball Union
- - Goods or services that restrict some people from using them
- - A tax on goods considered expensive
- - An agreement between two or more nations to allow goods, services, money and workers to move over borders freely
- - A player who is eligible to sign with other clubs or franchises
- - Every single person can access a certain public good and consume it
Down
- - A player who is free to sign with any team
- - An increase in the level of economic activity
- - When demand is higher than the supply
- - Resources are limited
- - The amount of product
- - Negotiation of wages and employment benefits
- - A work stoppage initiated by management of a company during a labor dispute
- - A player selected as a unrestricted free agent, guaranteeing another year under contract if conditions aren't met
- - An employment agreement
- - Raw materials/supplies
- - A contract for a restricted free agent by a team other than the one previously played for
- - Hockey Union
- - A consumers desire
- - Management of the resources, finances, income, and expenditure of a community, business enterprise
29 Clues: - Hockey Union • - Football Union • - Baseball Union • - Basketball Union • - A consumers desire • - Resources are limited • - The amount of product • - Raw materials/supplies • - An employment agreement • - More of a resource than demanded • - A tax on goods considered expensive • - When demand is higher than the supply • - A player who is free to sign with any team • ...
ch 1 economics 2022-02-15
Across
- worth of something in dollars and cents
- goods sold for survival and satisfaction of the people
- theory by adam smith
- map of possible production combinations.
- what is lost when an economic choice is made
- economic problem where the demand is larger than the availability
- market comes up with prices instead of the government
Down
- goods sold for the production of consumer goods
- the social science that studies the production, distribution, and consumption of goods and services
- needed for survival
- other economic choices
- encompasses employee knowledge, skills, know-how, good health, and education in terms of capital
- increase or improvement of production of goods and services
- how useful something is, how much worth it has
- the separation of a work process into a number of tasks, with each task performed by a separate person or group of persons
- process where a company or individual decides to focus their labor on a specific type of production
- the degree of wealth and material comfort available to a person or community
- wanted for satisfaction
- land, labor, capital and entrepreneurs risktakers
- abundance of tangible possesions
20 Clues: needed for survival • theory by adam smith • other economic choices • wanted for satisfaction • abundance of tangible possesions • worth of something in dollars and cents • map of possible production combinations. • what is lost when an economic choice is made • how useful something is, how much worth it has • goods sold for the production of consumer goods • ...
Economics-Module 5 2022-04-12
Across
- based on private ownership, free trade and competition, government has little control of economy.
- a system of producing, selling, and buying goods and services.
- any law that restricts trade between nations.
- money a person or business has left after paying it's expenses.
- anything that people accept as payment for goods and services.
- (GDP) this represents the value of all goods and services produced within a country by anyone in a given year.
- business that provide a service instead of a good. Like teachers, paramedics, and doctors.
- a percentage of the total amount of money in a persons bank account or a loan.
- not enough of a particular resource to meet everyone's demand.
- a dying tradition that is based on survival and group-based needs. Similar to hunter-gatherer society.
Down
- the government controls the economy by deciding what is produced, how it is distributed and who to trade with.
- the trading of goods or services for different goods or services.
- process where countries are becoming more connected through culture and trade.
- goods and services that the public consumes, government provided with taxes they collect.
- secondary industries or services that focus on the manufacturing of goods.
- these factors are needed to produce goods and services; natural resources, capital, labor, and entrepreneurs.
- primary services that focus on growing crops and raising livestocks.
- the use of money today in a way that earns future benefits.
- removes barriers between nations to open up trade.
- the exchange of labor for payment, can be hourly wages or yearly salaries.
20 Clues: any law that restricts trade between nations. • removes barriers between nations to open up trade. • the use of money today in a way that earns future benefits. • a system of producing, selling, and buying goods and services. • anything that people accept as payment for goods and services. • not enough of a particular resource to meet everyone's demand. • ...
Economics Chapter 1 2023-01-05
Across
- Good intended for final use by consumers other than businesses
- Risk-taking individuals who introduce new products or services in search of profit
- Increase in a nation's total output of goods and services over time
- Ability or capacity of a good or service to be useful and give satisfaction to someone
- Work or labor performed for someone
- Alternative that must be given up when one choice is made rather than another
- Meeting place or mechanism through which buyers and sellers of an economic product come together
- Mutual dependence of the economic activities of one person, company, region, or nation on those of another person, company, region, or nation
- Quality of life based on ownership of necessities and luxuries that make life easier
- Monetary worth of a good or service as determined by the market
- Monetary value of all final, goods, services, and structures produced within a country's national borders during a one-year period
- Social science dealing with how people satisfy seemingly unlimited and competing needs and wants with the careful use of scarce resources
- Productive resources needed to produce goods
- Markets in which productive resources are bought and sold
- Tool, equipment, or other manufactured good used to produce other goods and services
- A social movement that was aimed at promoting the interests of consumers
- Sum of tangible economic goals that are scarce, useful, and transferable from one person to another
- Division of work into a number of separate tasks to be performed by different workers
Down
- Market economy in which privately owned businesses have the freedom to operate for a profit with limited government intervention
- Item that wears out, is used up, or lasts for fewer than three years when used regularly
- Assignment of tasks to the workers, factories, regions, or nations that can perform them most efficiently
- Diagram representing all possible combinations of goods and/or services an economy can produce when all productive resources are fully employed
- People with all their abilities and efforts
- Comparison of the cost of an action to its benefits
- Apparent contradiction between the high value of a nonessential item and the low value of an essential item
- Tools, equipment, and factories used in the production of goods and services
- Sum of people's skills, abilities, health, and motivation
- Cost of the next best alternative use of money, time, or resources, when one choice is made rather than another
- Good that lasts for at least three years when used regularly
- Natural resources or "gifts of nature" not created by human effort
- Something we would like to have but is not necessary for survival
- Market in which goods and services are bought and sold
- Tangible economic product that is useful, transferable to others, and used to satisfy wants and needs
- Basic requirement for survival, including food, clothing, and shelter
- Simplified version of a complex concept or behavior expressed in the form of a graph, figure, equation, or diagram
- Fundamental economic problem facing all societies resulting from a combo of scarce resources and people's virtually unlimited wants and needs
- Measure of the amount of output produced in a specific time period with a given amount of resources
37 Clues: Work or labor performed for someone • People with all their abilities and efforts • Productive resources needed to produce goods • Comparison of the cost of an action to its benefits • Market in which goods and services are bought and sold • Sum of people's skills, abilities, health, and motivation • Markets in which productive resources are bought and sold • ...
Seger,p5,Economics 2023-01-24
Across
- things we must have for our survival or health
- rising prices
- things from nature that people can use
- a system of dollars and coins
- the people or services that buy the products and services
- money earned by workers
- trading for goods or services
- farming
- the people or businesses that make items to sell and provide.
- what a person gives up when they make a choice
- cost or things we have to buy
- small pieces of a company
Down
- what we get from a choice that we make
- things people do for others
- the creation of products
- money we pay to the government
- prices are falling
- the people or businesses that makes items to sell and provide services.
- in short supply
- things that we would like to have, but we don't need it for our survival or health
- money that is owed to someone else
21 Clues: farming • rising prices • in short supply • prices are falling • money earned by workers • the creation of products • small pieces of a company • things people do for others • a system of dollars and coins • trading for goods or services • cost or things we have to buy • money we pay to the government • money that is owed to someone else • what we get from a choice that we make • ...
Economics and Consumerism 2022-06-17
Across
- A condition where the costs of living increases as a result of raising prices and wages.
- Money made from a product or service above and beyond the cost of providing the product or service.
- A federal sales tax in Canada.
- Health care paid for by taxes.
- Tax based on a percentage of a person's income.
- Healthcare payed for by individuals.
- A concept in statistics that means the middle number in a set of data organized in order of least to most.
- A toll or tax charged by a government on goods which are imported and exported.
- A collection of weapons and military equipment stored by a country, person, or group.
Down
- Tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service.
- Services provided by government to reduce economic inequalities and promote the well-being of citizens.
- A financial plan showing expected income and expenditures over a period of time.
- Economic activity based on buying and selling products and services illegally.
- A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.
- A person or nation engaged in fighting during a war.
- A commander of an army, or an army officer of very high rank.
- A decision made by consumers to stop buying a product or service as a way to bring about change.
- Misrepresenting what you earn to avoid paying taxes.
- A state formally cooperating with another for a military or other purpose.
- The wants and needs of consumers for products and services.
20 Clues: A federal sales tax in Canada. • Health care paid for by taxes. • Healthcare payed for by individuals. • Tax based on a percentage of a person's income. • A person or nation engaged in fighting during a war. • Misrepresenting what you earn to avoid paying taxes. • The wants and needs of consumers for products and services. • ...
Economics and Consumerism 2022-06-17
Across
- A condition where the costs of living increases as a result of raising prices and wages.
- Money made from a product or service above and beyond the cost of providing the product or service.
- A federal sales tax in Canada.
- Health care paid for by taxes.
- Tax based on a percentage of a person's income.
- Healthcare payed for by individuals.
- A concept in statistics that means the middle number in a set of data organized in order of least to most.
- A toll or tax charged by a government on goods which are imported and exported.
- A collection of weapons and military equipment stored by a country, person, or group.
Down
- Tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service.
- Services provided by government to reduce economic inequalities and promote the well-being of citizens.
- A financial plan showing expected income and expenditures over a period of time.
- Economic activity based on buying and selling products and services illegally.
- A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.
- A person or nation engaged in fighting during a war.
- A commander of an army, or an army officer of very high rank.
- A decision made by consumers to stop buying a product or service as a way to bring about change.
- Misrepresenting what you earn to avoid paying taxes.
- A state formally cooperating with another for a military or other purpose.
- The wants and needs of consumers for products and services.
20 Clues: A federal sales tax in Canada. • Health care paid for by taxes. • Healthcare payed for by individuals. • Tax based on a percentage of a person's income. • A person or nation engaged in fighting during a war. • Misrepresenting what you earn to avoid paying taxes. • The wants and needs of consumers for products and services. • ...
Economics and Consumerism 2022-06-17
Across
- A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.
- A condition where the costs of living increases as a result of raising prices and wages.
- A commander of an army, or an army officer of very high rank.
- Services provided by government to reduce economic inequalities and promote the well-being of citizens.
- Tax based on a percentage of a person's income.
- Healthcare payed for by individuals.
- A collection of weapons and military equipment stored by a country, person, or group.
- A decision made by consumers to stop buying a product or service as a way to bring about change.
- A financial plan showing expected income and expenditures over a period of time.
- A state formally cooperating with another for a military or other purpose.
Down
- A person or nation engaged in fighting during a war.
- Health care paid for by taxes.
- Economic activity based on buying and selling products and services illegally.
- Misrepresenting what you earn to avoid paying taxes.
- A concept in statistics that means the middle number in a set of data organized in order of least to most.
- A federal sales tax in Canada.
- Tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service.
- Money made from a product or service above and beyond the cost of providing the product or service.
- The wants and needs of consumers for products and services.
- A toll or tax charged by a government on goods which are imported and exported.
20 Clues: Health care paid for by taxes. • A federal sales tax in Canada. • Healthcare payed for by individuals. • Tax based on a percentage of a person's income. • A person or nation engaged in fighting during a war. • Misrepresenting what you earn to avoid paying taxes. • The wants and needs of consumers for products and services. • ...
BASES OF ECONOMICS 2022-06-30
Across
- / item we would like to have but is not necessary for survival
- / choose one action or course over another gives up opportunities
- / Nation's GDP divided by it population
- / Gross Domestic Product total dollar value of goods produced in a country
- / not enough resources to meet needs and wants
- / economic system where decisions are made on customs. traditions, and beliefs of the past
- / economic system where the central authority makes all the decisions government control
- / economic system where the central government own factories, farms, and offices
- / nations with few industries and simple technology
- / economic system with a system of markets where the government plays an important role
- / central banking system of the United States that manages growth of the economy
Down
- / People who buy and use products
- / nations with many industries and advanced technology
- / combination of skills, education, and experiences that determines your value as a worker
- / general rise in prices-money is worth less
- / government leaving the economy alone (hands off approach
- / taxes on imported goods
- / amount of goods available in the market place
- / what is given up to chose another option
- / a region where a group of countries agree to reduce or eliminate tariffs
- / owner and workers
- / economic system where individuals own most business
- / items like air, food, and shelter necessary to live
- / economic system where the buyers and sellers make the economic decisions
- / a method used by a society to produce and distribute goods and services
- / spending your money on something that may grow in value
26 Clues: / owner and workers • / taxes on imported goods • / People who buy and use products • / Nation's GDP divided by it population • / what is given up to chose another option • / general rise in prices-money is worth less • / not enough resources to meet needs and wants • / amount of goods available in the market place • / nations with few industries and simple technology • ...
Economics Crossword Puzzle 2022-08-31
Across
- Someone who does not pay to use a public good
- TFC+TVC
- Social science studies on how limited resources are used to satisfy unlimited wants
- Non-cash assets that can be quickly turned into cash
- Occurs when marginal product starts to fall
- The total spending on an economy's G and S at a given price level in a given time period
- A tax imposed on imports or exports
- The sale of state-owned public sector business to the private sector
- New industries that have a low output and high average cost
- Protecting domestic producers from foreign competition
- A measure of the relationship between the price a country receives for its exports and the price it pays for imports
- A fall in the inflation rate
Down
- Policy measurers designed to reduce imports and exports by reducing demand
- The change in total costs from increasing output by one extra unit
- Occurs when there are two or more interacting decision-takers (players) and each decision or combination of decisions involves a particular outcome
- A man-made aid to production
- Any profit in excess of normal profit
- When two businesses in the same industry at the same stage of production become one
- When consumption by one person reduces availability for others
- One that has adverse side effects when consumed
- A tax that is levied on goods and services
21 Clues: TFC+TVC • A man-made aid to production • A fall in the inflation rate • A tax imposed on imports or exports • Any profit in excess of normal profit • A tax that is levied on goods and services • Occurs when marginal product starts to fall • Someone who does not pay to use a public good • One that has adverse side effects when consumed • ...
Economics review 1 2022-09-07
Across
- French term meaning "let alone"
- habit of spending more than one can afford
- any system for the production, distribution and consumption of goods
- difference in value of the goods that a country sells abroad compared to those it purchases from other countries
- worth that consumers attach to it
- that seeks to help those making decisions to make wise choices
- system for the production,distribution and consumption of goods and services
- establishment of colonies and extensive territories created to benefit their mother countries
- of the Austrian School of Economists, also found the Diamond-Water Paradox
- desire, a longing, an appetite for something
- the human activity that results in the creation of goods and services
- of goods, or performance of tasks, based upon comparative advantage
Down
- source of wealth
- used in the production and distribution of goods and services
- study of the choices that individuals and societies make in the production, distribution, and consumption of goods
- Smith was a professor of___________ _______
- value of all the thing people own
- in a free market resources are allocated with the greatest________
- the wealth of nationsfather of economics)
- asks why rare items command high prices while necessities usually command low
- on imported goods
21 Clues: source of wealth • on imported goods • French term meaning "let alone" • worth that consumers attach to it • value of all the thing people own • the wealth of nationsfather of economics) • habit of spending more than one can afford • Smith was a professor of___________ _______ • desire, a longing, an appetite for something • ...
Economics and Finance 2025-06-11
Across
- Specific field or region of study
- Evaluate or judge the quality or value
- Explain the meaning of something
- Fundamental truth or rule
- System of production, distribution, and consumption
- Person or organization with power or control
- Mathematical rule or expression
- Work, especially physical work
- Abstract idea or general notion
- Guiding principle or rule for decision-making
- Examine in detail to understand or explain
- Function or position within a system or group
- Important topic or problem for discussion
- Money received, especially on a regular basis
- State the meaning of a word or idea
- Rough calculation or judgment
- Management of money and investments
Down
- Advantage or positive outcome
- Accept something as true without proof
- Established way of doing something
- Allocation of resources for future gain
- Systematic investigation to discover facts
- Purpose or activity of something
- Raw facts and figures for analysis
- Give out or spread over an area
- Way of dealing with a task or problem
- Obtain from a source or origin
- Show or point out
- Circumstances surrounding a particular event or idea
- Recognize or name something
30 Clues: Show or point out • Fundamental truth or rule • Recognize or name something • Advantage or positive outcome • Rough calculation or judgment • Work, especially physical work • Obtain from a source or origin • Give out or spread over an area • Mathematical rule or expression • Abstract idea or general notion • Explain the meaning of something • Purpose or activity of something • ...
Business And Economics 2025-06-09
Across
- rights, refund, replace, return
- someone who makes the products
- something crucial to survive
- an amount of money that you make
- putting money aside to make it grow
- benefit analysis, weighing the pros and cons of a decision
- a person who consumes a product or service
- something you can buy
- How much a consumer is willing to pay for
- how much a producer is willing to make of a product for a certain price
- provicing assistance for someone else
- buying a product nearby
Down
- what you use to pay
- something you might be saving up for
- cost, what we miss out on when making a choice
- a job you have to do
- a way to save money
- someones profession, trade or occupation
- somewhere you can go to make a complaint about something
- something you would like to have but dont need to survive
20 Clues: what you use to pay • a way to save money • a job you have to do • something you can buy • buying a product nearby • something crucial to survive • someone who makes the products • rights, refund, replace, return • an amount of money that you make • putting money aside to make it grow • something you might be saving up for • provicing assistance for someone else • ...
business and economics 2025-06-10
Across
- customer
- money the bank gives for have money in an account
- regular payment for doing work
- Consumers ability to purchase a product
- activities that a company proforms
- The right as a consumer
- a car
- shops in flemington
- The stuff you are allowed as a consumer
- something to survive
Down
- Apple
- a person who provides the product
- The cost required for something
- a boat
- Iphone
- money towards something
- The amout of goods
- what we miss out on
- Consumer comission
- Money or organization will earn
20 Clues: Apple • a car • Iphone • customer • a boat • The amout of goods • Consumer comission • what we miss out on • shops in flemington • something to survive • The right as a consumer • money towards something • regular payment for doing work • The cost required for something • Money or organization will earn • a person who provides the product • activities that a company proforms • ...
business and economics 2025-06-10
Across
- customer
- money the bank gives for have money in an account
- regular payment for doing work
- Consumers ability to purchase a product
- activities that a company proforms
- The right as a consumer
- a car
- shops in flemington
- The stuff you are allowed as a consumer
- something to survive
Down
- Apple
- a person who provides the product
- The cost required for something
- a boat
- Iphone
- money towards something
- The amout of goods
- what we miss out on
- Consumer comission
- Money or organization will earn
20 Clues: Apple • a car • Iphone • customer • a boat • The amout of goods • Consumer comission • what we miss out on • shops in flemington • something to survive • The right as a consumer • money towards something • regular payment for doing work • The cost required for something • Money or organization will earn • a person who provides the product • activities that a company proforms • ...
