environmental economics Crossword Puzzles
Economics 2015-05-21
Across
- what is the total number of groups the Consumer Price index regime consist of?
- what is the term that refers to the value of a good or service?
- spending/ Purchase of consumer goods and services
- a tax on an imported good
- what is the main source of government revenue?
- cost/ What is the term that refers to the next best alternative that must be given up when a choice is made?
- what is the term that refers to the people and firms that use resources to make goods and services?
- a financial gain
- Resources/Oceans, air and minerals are all types of______.
- Tax/ Taxes paid by households and businesses on lands and buildings
- Competition/What is the term that involves a a lot of competition between firms, each producing a similar product?
- policy/ What is the policy that controls interest rates?
- goods/ What is the term that is used when goods can be used together?
- what is the term that refers to the goods that are required to assist the production of other goods and services/Capital
- who is the person who organizes, manages a business?
- when a country has a negative GDP the country is likely to be experiencing a_____.
- what is the term that is used to describe the price in which determines how much consumers are willing to buy?
- production that relies essentially on the growth and nurturing of plants
- Growth/ What is the term that refers to the increase in the total output of a nation?
- what is the condition that refers to unlimited wants and limited resources?
- rate/ What is the term used when the rate of one country's currency is exchanged for the currency of another country?
- what is the term that refers to the value of all finally goods and services produced in a year?
- what is the term that is used when the government assists companies by giving them money?
- goods/What is the term that refers to the replacement of a good?
- what is the term that refers to the decrease in prices of goods and services over a period of time?
- what is the term that refers to the objects that satisfy people's wants?
- the purchase of security, such as a stock or bond for profit
- private profit-seeking organizations that use resources to produce goods and services
- Demand/ Total demand for a country’s output
- what type of elasticity is cigarettes?
- what is the term that involves very small numbers of sellers and high market power?
- what is the term that is used when money is transferred into a financial account?
- what is the term that refers to the type of loan that is used to purchase a house?
- when quantity supplied exceeds the quantity demanded
- what is the term that refers to the activities that satisfy people's wants?
Down
- policy/What is he term used when the government decides to change the tax rates?
- of living/Degree of wealth and material comfort available to a person or community
- what is the term that is used to describe the price in which determines how much producers are willing to provide?
- what is the term used when a country buys production of goods or services from another country?
- what is the term that refers to the increase in prices of goods and services over a period of time?
- use of someone elses funds in exchange for a promise to pay back with interest
- what is the term that refers to the quantity and quality of human effort available to produce goods and services?
- what is the term that refers to the rapid increase in prices of goods and services over a period of time. 43 words/
- cost/ total cost divided by output
- anything that is generally accepted as a medium of exchange in which to buy goods and services.
- possibility curve/ what does PPC stand for?
- people who use resources to make goods and services
- the state of having paid work
- GDP/ What type of GDP measures the actual change in volume of goods and services produce?
- what is the situation where people are willing to work but do not have jobs?
- rates/ Australia's ____ is currently sitting at 2.25%
- goods or services brought from sellers in another nation
- inflation/ What is the situation when there is excess demand and widespread shortages?
- income/What is the term that refers to the amount of money available after income taxes?
- price/ What is the term used when both producers and consumers are satisfied with the market price?
- income/ What is the term that refers to the total income received from all sources?
- goods or services produced in one nation but sold to other nations
- what is the term that involves large number of buyers and small number of sellers?
- curve/ What is the graphical representation used to measure the distribution of income?
- coefficient/ What is the term that refers to the measure of degree of equality in the distribution of income?
60 Clues: a financial gain • a tax on an imported good • the state of having paid work • what type of elasticity is cigarettes? • cost/ total cost divided by output • possibility curve/ what does PPC stand for? • what is the main source of government revenue? • Demand/ Total demand for a country’s output • people who use resources to make goods and services • ...
Economics. 2016-06-15
Across
- Subjective satisfaction received by a customer from consumption of a set of services or goods.
- Form of unemployment which is voluntary
- Price paid for use of land
- Study of individual consumers and the business firm
- system of relations
- A market situation where there is only one buyer
- Expenses of getting factors of manufacture
- Change in price will have a relatively small effect on quantity demanded
- Special kind of product that acts as an universal equivalent
Down
- Sum of structural and fictional unemployment
- Human Resources
- Public form of collision of subjects of a market economy
- Economics of the world.
- Created by people to produce other goods and services
- Initiative independent activity of citizens using their own property and responsibility
- Goods having similar characteristics
- Social science that studies the production, distribution and consumption of goods.
- Situation of over production
- Consumer's ability to buy a product or service at a particular time and place
- Deal between economic partners, taking the forms of loan.
20 Clues: Human Resources • system of relations • Economics of the world. • Price paid for use of land • Situation of over production • Goods having similar characteristics • Form of unemployment which is voluntary • Expenses of getting factors of manufacture • Sum of structural and fictional unemployment • A market situation where there is only one buyer • ...
economics 2016-05-09
Across
- is an increase in the level of economic activity, and of the goods and services available.
- is a range of economic and social systems characterized by social ownership and democratic control of the means of production
- is the amount of an asset or resource that exceeds the portion that is utilized.
- is the economic policy of restraining trade between countries through methods.
- faire/ a system or point of view that opposes regulation or interference by the government in economic affairs beyond the minimum necessary to allow the free enterprise system to operate according to its own laws.
- floor/ is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply
- worth/ s the total assets minus total outside liabilities of an individual or a company.
- is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction.
- standard/A monetary system in which a country's government allows its currency unit to be freely converted into fixed amounts of gold and vice versa.
- the highest point between the end of an economic expansion and the start of a contraction in a business cycle.
- Hayek/ is well-known for his numerous contributions in the field of economics and political philosophy.
- fund/ is an account that is used to set aside funds to be used in an emergency.
- is an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.\
Down
- decline in economic activity spread across the economy.
- is the only global international organization dealing with the rules of trade between nations.
- A market structure characterized by a single seller, selling a unique product in the market.
- IRA/ is an individual retirement plan
- trade/ is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.
- is a sustained increase in the general price level of goods and services in an economy over a period of time.
- measurement of "useful-ness" that a consumer obtains from any good
- advantage/ states that if countries specialize in producing goods where they have a lower opportunity cost – then there will be an increase in economic welfare.
- advantage/ refers to the ability of a party (an individual, or firm, or country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.
- smith/considered to be the founding father of modern Economics.
- is a low turning point or a local minimum of a business cycle.
- money is currency that a government has declared to be legal tender, but is not backed by a physical commodity.
25 Clues: IRA/ is an individual retirement plan • decline in economic activity spread across the economy. • is a low turning point or a local minimum of a business cycle. • smith/considered to be the founding father of modern Economics. • measurement of "useful-ness" that a consumer obtains from any good • ...
Economics 2017-03-21
Across
- is to divide a municipality into residential, commercial, and industrial districts (or zones), that are for the most part separate from one another, with the use of property within each district being reasonably uniform.
- an extra benefit supplementing an employee's salary, for example, a company car, subsidized meals, health insurance, etc.
- a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).
- the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
- a raw material or primary agricultural product that can be bought and sold, such as copper or coffee.
- a useful or valuable thing, person, or quality.
- an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
- secret or illegal cooperation or conspiracy, especially in order to cheat or deceive others.
- is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem.
Down
- Share of earnings given to a franchise as payment.
- the action or process of differentiating.
- is the simplest and most common structure chosen to start a business.
- a thing used to tie something or to fasten things together.
- the maintaining of prices at a certain level by agreement between competing sellers.
- is an organization whose purpose is something other than making a profit.
- is a type of monopoly that exists as a result of the high fixed costs or startup costs of operating a business in a specific industry.
- the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution.
- the exclusive possession or control of the supply or trade in a commodity or service.
- an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.
- the state of being responsible for something, especially by law.
20 Clues: the action or process of differentiating. • a useful or valuable thing, person, or quality. • Share of earnings given to a franchise as payment. • a thing used to tie something or to fasten things together. • the state of being responsible for something, especially by law. • is the simplest and most common structure chosen to start a business. • ...
Economics 2017-12-10
Across
- Industry is publicly owned and a central authority makes production and consumption decisions
- Refers to manufactured goods used to make other goods and services
- The study of the costs and benefits of doing a little bit more of an activity versus a little bit less
- Decisions by individuals about what to do, which necessarily involve decisions about what not to do
- Establish ownership and grant individuals the right to trade goods and services with each other
- Rewards or punishments that motivate particular choices
- Make prescriptions about the way the economy should work
- Describes the efforts of entrepreneurs in organizing resources for production, taking risks to create new enterprises, and innovating to develop new products and production processes
- The study of scarcity and choice
- Concerned with the overall ups and downs in the economy
Down
- The decisions of individual producers and consumers largely determine what, how, and for whom to produce, with the little government involvement in the decisions
- When a resource is not available in sufficient quantities to satisfy all the various ways a society wants to use it
- What you must give up in order to get an item
- Economic measures tat summarize data across many different markets
- The study of how people make decisions and how those decisions interact
- The branch of economic analysis that describes the way the economy actually works
- Anything that can be used to produce something else
- Refers to all resources that come from nature, such as minerals, timber, and petroleum
- A system for coordinating a society's productive and consumptive activities
- The effort of workers
20 Clues: The effort of workers • The study of scarcity and choice • What you must give up in order to get an item • Anything that can be used to produce something else • Rewards or punishments that motivate particular choices • Concerned with the overall ups and downs in the economy • Make prescriptions about the way the economy should work • ...
Economics 2018-03-12
Across
- economy with an economic system that is centrally controlled by a powerful government.
- an agreement that is enforceable by law
- economies based on customs and historical precedent.
- created a free trade zone in Canada, Mexico, and the United States
- economy which prevents the government from interfering with trade between individuals.
- many governments implement _______ on trade.
- economy where consumers make decisions on their own, without much interference from the government
- The sole control of the supply of a good or service.
- a tax that is a portion of the earnings of an individual or corporation that is paid to the government
- an early economist who believed that the free market system was the best way to organize the economy.
Down
- helps administer free trade agreements by handling various disputes and providing a forum for member nations to negotiate.
- provided the ideology behind many command economies.
- These nations have greater levels of political freedom, and also greater levels of economic freedom.
- this nation allows less political freedom.
- "____ hand" is a term Smith used to describe the influence of competition and self-interest on the economy.
- a tax that is deducted from and individual's paycheck
- what type of trade increases the material standards of living worldwide?
- _____ freedom refers to an individual’s right to answer the three basic economic questions without interference from the government.
- ____ Korea is a modern example of a command economy.
- economy that combines the competition, self-interest, and profit motive of free market economies with the government regulation and restrictions of command economies.
20 Clues: an agreement that is enforceable by law • this nation allows less political freedom. • many governments implement _______ on trade. • provided the ideology behind many command economies. • economies based on customs and historical precedent. • The sole control of the supply of a good or service. • ____ Korea is a modern example of a command economy. • ...
ECONOMICS 2018-11-11
Across
- income of employees
- paribus latin phrase meaning “other things equal”
- lack of resources
- opposite of equilibrium
- goods that producers are willing to provide
- utility consumer gains from consuming one good
- consumers willingness to pay a price for a good
- second branch of economics
- market that is dominated by only a few large firms
- desires
Down
- employees
- necessities
- measure of a variable’s sensitivity to a change in another variable
- first branch of economics
- greek prefix word “mikro”
- state where supply and demand are balanced
- process of combining various materials
- market structure characterized by single seller
- investment
- properties
20 Clues: desires • employees • investment • properties • necessities • lack of resources • income of employees • opposite of equilibrium • first branch of economics • greek prefix word “mikro” • second branch of economics • process of combining various materials • state where supply and demand are balanced • goods that producers are willing to provide • ...
Economics 2018-08-30
Across
- / machinery used in the production process to produce a further advanced good.
- / a situation where resources are limited in terms of meeting consumers demands (needs and wants).
- / unemployment due jobs highly demanded in a certain season to a certain time of the year and industry they work in.
- / what Australia buys from overseas countries.
- / has and index of between 0 and 1.
- / Government implemented policy controlling the tax rates.
- / those considered as employed however, are not working as many hours as they would like.
- / Supply factor that generally is labelled as favourable or unfavourable (having to do with the weather).
- / Generally those unemployed will be receiving benefits under here.
- / 2-4 (few) businesses dominating the market.
- / highest point of the economic business cycle (includes inflation, high GDP and many businesses opening)
- / Consumers being optimistic or pessimistic about the future of their business.
- / income after one has paid back any loan/mortgage, also affected by interest rates.
- / Government spending on goods and services used to help satisfy consumers needs and wants. (teachers, defense workers, etc)
- employed / working in paid employment for a minimum of 12 hours per week.
- / unemployed however can be working for the black economy, cash in hand. (Removed themselves from any data.
- / the largest proportion of income the government receives on the revenue pie.
- / products in the marketplace are exactly the same, generally found in a perfect competitive market.
- / Disposable income plus indirect government benefits in the form of goods and services.
- / Businesses spending on materials, plant and capital affecting aggregate demand.
- / Australia purchasing overseas goods to create an even further advanced good to sell as an export.
- / Demand factor that is determined by the RBA that controls how much householder with a loan have to pay back.
- / The RBA controlling interest rates as a means to expand or contract the economy.
- / the labour force will have no cyclical unemployment and some (minimal) natural employment.
- / After an increase in population, the ____ curve will shift to the right.
- tax / The more you earn the more tax you pay.
- / Calculates the total assets a household has, and determines whether they need further assistance from the government.
- / After the occurrence of unfavorable climatic conditions, the ___ curve will shift to the left.
- / the next best thing foregone.
- / private or market income plus direct cash benefits received from the government.
- / naturally occurring resources used in the production of goods and services.
- / lowest point of the economic business cycle (includes no inflation, low GDP and business bankruptcy.
Down
- / Where both the supply and demand curve meet.
- / unemployment resulting from industrial reorganisation, typically due to technological advancement.
- / Part of the circular flow model that ‘leakes’ money out of the economy.
- / unemployed for longer than one year.
- / income after tax.
- / The government’s budget if their outlays and receipts match up.
- / the largest proportion of spending on the government's expenditure pie.
- / a highly competitive market structure with many similarities to a perfect competition.
- / Part of the circular flow model that injects’ money out of the economy.
- / the unemployment due to people being in the process of moving from one job to another.
- / What Australia sends to overseas countries in exchange for their contribution to aggregate demand.
- employed / working more than 32 hours a week.
- / Business owners and entrepreneurs being optimistic or pessimistic about the future profitability of their business.
- / The government’s budget if its receipts is greater than their expenses.
- / The government’s budget if their outlays are greater than their receipts.
- / those unemployed for an extended period of time, can be due to those with a criminal record or a disability.
- / The factor affected by consumer's spending on goods and services contributing to the aggregate demand.
- / a diagram that demonstrates the choice or option available when deciding how to allocate scarce resources.
- / One business dominating the market.
- / unemployed due to a lack of aggregate demand.
- / Where not all of the resources are not being 'utilised' efficiently.
- / Those with the skills and business 'know how'.
- / tax system that collects tax proportionally more for lower income earners when compared to lower income earners.
- income / income collected from the government (Pension).
- income / income collected for the the contribution in the production process.
- / the physical and mental effort put in by human beings.
58 Clues: / income after tax. • / the next best thing foregone. • / has and index of between 0 and 1. • / unemployed for longer than one year. • / One business dominating the market. • / Where both the supply and demand curve meet. • / what Australia buys from overseas countries. • / 2-4 (few) businesses dominating the market. • ...
Economics 2022-03-27
Across
- The amount by which the value of a countries exports exceeds the cost of its imports
- Send (goods or services) to another country for sale
- Are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers
- The account which records transactions for the ownership of foreign assets
- Money flows into the country
- A measurement of the total amount of demand for all finished goods and services produced in an economy
- The exchange of goods and services across international borders/territories.
- The combined letters which form the equation for aggregate demand
- A monetary system that allows the exchange rate to be determined by supply and demand
- The amount by which the value of a countries exports exceeds the cost of its imports
Down
- An official ban or trade or other commercial activity without a particular economic activity more efficiently than another activity
- The ability of an individual/group to carry out a particular economic activity more efficiently than another activity
- Part of the current account which represents income that Australian residents earn from and pay to the rest of the world
- Intervals of expansion followed by recession in economic activity
- The account which measures the inflow and outflow of goods, services, investment incomes and transfer payments
- Investments, government expenditure and export earnings are considered...in the circular flow model
- An agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries
- Middle Eastern Country in which crude petroleum is the top export
- A branch of economics that deals with the structure, performance, behaviour, and decision-making of the whole, or aggregate, economy
- The economic policy of restricting quotas, and a variety of other government regulations
- Money flows out of the country
21 Clues: Money flows into the country • Money flows out of the country • Send (goods or services) to another country for sale • Intervals of expansion followed by recession in economic activity • Middle Eastern Country in which crude petroleum is the top export • The combined letters which form the equation for aggregate demand • ...
Economics 2022-04-05
Across
- Another word for money?
- What is the name of a famous game that we play in economics class?
- Type of money that has no alternative value or use as a commodity?
- Who proposed the first National Bank?
- Who is our teacher of Economics?
- A bank that can lend to other banks in times of need, or a “bankers’ bank”?
- A hurt economy?
- How are inflation and deflation measured?
- Things of value that you can buy or sell?
- Anything that is used as a medium of exchange, a unit of account, and a store of value?
- Trees can't be used as money because they lack which of the money characteristics?
Down
- The name of unemployment caused by weather changes or other?
- The combination of the resources of labor, land, and capital?
- The difference between the total cost of production and the total revenues received from buyers?
- Moneyless economy that relies on trade or barter?
- How many broad categories of unemployment are there?
- What is the minimum age in order to be counted as a part of the civilian labor force?
- The ability to use the money now or in the future represent the function of money as?
- How much do people want something?
- Where do you think is the best economy?
20 Clues: A hurt economy? • Another word for money? • Who is our teacher of Economics? • How much do people want something? • Who proposed the first National Bank? • Where do you think is the best economy? • How are inflation and deflation measured? • Things of value that you can buy or sell? • Moneyless economy that relies on trade or barter? • ...
economics 2021-12-03
Across
- amount invested by the owner
- anything that motivates a person to do something.
- a system that combines aspects of both capitalism and socialism
- a service or other asset used to produce goods and services that meet human needs and wants
- a quantity of good or services produced in a specific time period
- the resource that encompasses the natural resources used in production
- something needed to survive
- the change in total production cost that comes from making or producing another unit of a product
- the value of the next best alternative when a decision is made
- a ratio between the output volume and the volume of inputs
- the maximum amount of money a consumer is willing to pay
- raw materials occurring in nature that can be used for economic production
- rules that limit who can enter a business
Down
- an economic system where two forces known as supply and demand direct the production of goods and services
- the amount of physical effort used to produce goods and services
- anything that motivates a person
- imposition of rules by government
- a system of production-distribution of goods
- to the distribution of existing resources
- an increase in the production of economic goods and services
- the excess over the returns to capital,land,and labour
21 Clues: something needed to survive • amount invested by the owner • anything that motivates a person • imposition of rules by government • to the distribution of existing resources • rules that limit who can enter a business • a system of production-distribution of goods • anything that motivates a person to do something. • the excess over the returns to capital,land,and labour • ...
Economics 2022-02-22
Across
- trading one good/service for another
- are any resource found in nature that is used to produce goods/services
- the desire for something that may or not be required
- activity of producing goods and services
- Tangible items that will be consumed by industrial users
- Uses Goods and Services
- actual price that prevails in the market
- productive resources like human and natural resources and capital goods
- Business responsible for moving, storing, or locating the goods and services
- desires that can be obtained without spending money
- quantity of a good that will be offered for sale varies
Down
- Quantity of a good that a buyer is ready to buy
- indication of how changes in price in the amount demanded and supplied
- amount of money paid for a good
- when supply is greater than demand
- Objects that can be produced for resale
- Intangible acts performed by other people for money
- activity of using goods and services
- tangible items used for personal use
- people who make or provide the goods
- constructed items that are used in the production of goods
- Prices determine who gets the goods/services produced
22 Clues: Uses Goods and Services • amount of money paid for a good • when supply is greater than demand • trading one good/service for another • activity of using goods and services • tangible items used for personal use • people who make or provide the goods • Objects that can be produced for resale • activity of producing goods and services • ...
Economics 2022-05-17
21 Clues: loss • tili • vero • lama • trade • market • luotto • assets • exports • alennus • palkata • kulutus • economi • savings • economic • talletus • commodity • kuluttaja • investment • production • devaluation
economics 2022-05-18
36 Clues: i • be • to • ho • and • ill • you • mom • hey • god • yep • good • kind • mmhm • amen • love • self • deaf • yeah • your • eric • lover • grave • loser • trust • death • peace • cross • blind • jesus • gentle • elijah • control • forever • faithful • patience
ECONOMICS 2023-11-08
Across
- A THING THAT IS ESSENTIAL FOR HUMAN SURVIVAL
- THE PEOPLE THAT PRODUCES A GOOD/SERVICE.
- ANY HUMAN MADE ITEM THAT IS USED TO MAKE A PRODUCT.
- THE STUDY OF HOW PEOPLE AND SOCIETY USE RESOURCES TO SATISFY THEIR NEEDS AND WANTS
- SENDING GOODS TO ANOTHER COUNTRY.
- THE VALUE / BENEFIT LOST WHEN A COMPANY CHOOSES ONE OPTIONS OVER ANOTHER FOR BUSINESS DECISIONS.
- THE AMOUNT OF RESOURCES LEFT IN THE WORLD.
- THOSE WHO DIRECT AND RUN BUSINESSES & MAKE DECISIONS REGARDING THE RUNNING AND DIRECTION OF A BUSINESS.
- A PERSON WHO WORKS FOR A BUSINESS.
- HAVING A JOB THAT GIVES MONEY IN RETURN FOR YOUR SERVICE.
Down
- A BUSINESS WHO EMPLOY WORKERS TO PRODUCE GOODS/SERVICES.
- A SERIES OF QUESTIONS ASKED TO A GROUP OF PEOPLE TO GATHER OPINIONS.
- THE AMOUNT OF MONEY A BUSINESS EARNS AFTER TAKING AWAY THE EXPENSES THAT IT HAS TO PAY.
- THE MONEY PAYED TO AN EMPLOYEE IN EXCHANGE FOR THEIR LABOUR.
- ANY HUMAN EFFORTS MADE TO PRODUCE A GOOD.
- RECIEVING GOODS FROM ANOTHER COUNTRY.
- THE SUM OF FACTORS THAT DESCRIBE THE QUALITY OF LIFE IN AN AREA.
- A DESIRE OF THE HUMAN, HOWEVER IT IS NOT ESSENTIAL TO HAVE.
- THE MONEY SAVED FOR WHEN A PERSON RETIRES.
- ANY NATURAL (NON-HUMAN MADE) ITEM WHICH IS USED TO MAKE A PRODUCT.
- THE EXCHANGE OF GOODS AND SERVICES AMOUNG BUYERS AND SELLERS.
21 Clues: SENDING GOODS TO ANOTHER COUNTRY. • A PERSON WHO WORKS FOR A BUSINESS. • RECIEVING GOODS FROM ANOTHER COUNTRY. • THE PEOPLE THAT PRODUCES A GOOD/SERVICE. • ANY HUMAN EFFORTS MADE TO PRODUCE A GOOD. • THE MONEY SAVED FOR WHEN A PERSON RETIRES. • THE AMOUNT OF RESOURCES LEFT IN THE WORLD. • A THING THAT IS ESSENTIAL FOR HUMAN SURVIVAL • ...
Economics 2023-11-08
Across
- having limited resources to meet all the needs and wants
- one of four factors of production soil
- you can only use it once it will not last forever
- the way participants in an economy rely on each other for goods and services they cannot produce
- time and labour given without payment in return
- machinery, tools and building used to produce goods and services
- The person who buys goods and services
- the value of the best alternative given up when making a choice for something else
- something you would like to have
- The exchange of goods and services amongst buyers and sellers
Down
- work type that is often irregular hours
- type of work that is ongoing and more than 35 hours per week
- A focus on the production of a particular good or service
- money earnt from working in the form of a wage
- combines all factors of production together
- something you need to survive
- The way we distribute the scarce resources
- the study of how society uses resources for needs and wants
- a job type that is ongoing but less that 35 hours per week
- The people or organisations that supply goods and services
- factor of production representing workers effort
21 Clues: something you need to survive • something you would like to have • one of four factors of production soil • The person who buys goods and services • work type that is often irregular hours • The way we distribute the scarce resources • combines all factors of production together • money earnt from working in the form of a wage • ...
Economics 2023-11-15
Across
- organization of workers that tries to improve working conditions and wages
- sells merchandise at reduced prices for their members
- companies reach out to other companies to do a specific job
- a certificate of ownership in a corporation
- movement of company operations to a different country
- business organization owned by two or more people
- demand for labor
- wage rate or price of labor services that is set when demand for workers is met
- business owned and managed by a single individual
Down
- two or more firms competing in the same market with the same good
- all nonmilitary people who are employed or unemployed
- an organized work stoppage intended to force an employer to address union demands
- theory about the relationship between education and wages
- money and other valuables
- authorization from local government to run a business
- business organization owned by a group of people
- legal entity owned by individual stock holders
- formal contract issued by a corporation
- debts
- negotiating labor contracts that keeps unnecessary workers on the company payroll
20 Clues: debts • demand for labor • money and other valuables • formal contract issued by a corporation • a certificate of ownership in a corporation • legal entity owned by individual stock holders • business organization owned by a group of people • business organization owned by two or more people • business owned and managed by a single individual • ...
Economics 2023-11-09
Across
- paid leave from your job
- lots of money
- works when needed
- a lack or resources
- learning on the job
- someone who generates goods
- something from nature
- your job
- how things rely on each other
- a wage
- something you need to survive
Down
- an intern
- making decisions
- soil
- something you would like
- money your employer sets aside
- someone with an idea
- someone who buys things
- machinery
- when you stop working
- how much of a job or service is wanted
- workers
22 Clues: soil • a wage • workers • your job • an intern • machinery • lots of money • making decisions • works when needed • a lack or resources • learning on the job • someone with an idea • when you stop working • something from nature • someone who buys things • something you would like • paid leave from your job • someone who generates goods • how things rely on each other • something you need to survive • ...
Economics 2023-11-20
Across
- tax levied on the consumption of goods and services
- a person/conmpany/country that supplies goods and services
- money that is paid by a government or Organization to make prices lower. Usually to encourage production of a certain good.
- its consumption is beneficial to the society.
- something people require to survive
- difference between total revenue and total cost
- shows the maximum possible output combination of two goods and services an economy can achieve when all resources are fully and efficiently employed
- the quantity of goods and services consumers are willing to purchase at a given price
- something that has an effect on something
Down
- process of using goods or services to statist wants and needs
- the amount of money a firm receives from selling goods
- things that you think are true although you have no definite
- a person/ company/ country that purchases goods and services
- the price at which demand and supply are equal
- one good
- spending by a government
- the amount of goods producers are willing to offer for sale at different prices in a given period of time
- what the customer is willing to pay for a goods or service
- the desire for goods and services
- when any economic agent will compromise
20 Clues: one good • spending by a government • the desire for goods and services • something people require to survive • when any economic agent will compromise • something that has an effect on something • its consumption is beneficial to the society. • the price at which demand and supply are equal • difference between total revenue and total cost • ...
Economics 2023-11-09
Across
- partnership A type of partnership in which all partners share equally in both responsibility and liability.
- A legal entity, or being owned by individual stockholders.
- The movement of some of a company's operations or resources of production. To another country
- The money and other valuables belonging to an individual or business.
- A business organization owned and operated by a group of people for their shared benefit
- The wage rate, or price of labor of labor services.
- A certificate of ownership in a corporation.
- A formal contract issued by a corporation or other legal entity that includes a promise to repay borrowed money.
- All nonmilitary people who are employed or unemployed
- work that requires specialized skills
- The share of earnings given by a franchise as payment to the franchiser.
- The practice of contracting with another company to do a specific job that would otherwise be done by a company's own workers.
Down
- An institution that functions much like a business but does not operate for the purpose of making a profit.
- Workers that are allowed to work and live in the united states only temporarily.
- A business owned and managed by one individual.
- Someone who works in a professional or clerical job and who usually earns a weekly salary.
- demand A type of demand that is set by the demand for another good or service.
- The legal obligation to pay debts.
- An organized work stoppage intended to force an employer to address union demands.
- Work that requires no specialized skills, education, or training.
20 Clues: The legal obligation to pay debts. • work that requires specialized skills • A certificate of ownership in a corporation. • A business owned and managed by one individual. • The wage rate, or price of labor of labor services. • All nonmilitary people who are employed or unemployed • A legal entity, or being owned by individual stockholders. • ...
Economics 2023-11-15
Across
- organization of workers that tries to improve working conditions and wages
- sells merchandise at reduced prices for their members
- companies reach out to other companies to do a specific job
- a certificate of ownership in a corporation
- movement of company operations to a different country
- business organization owned by two or more people
- demand for labor
- wage rate or price of labor services that is set when demand for workers is met
- business owned and managed by a single individual
Down
- two or more firms competing in the same market with the same good
- all nonmilitary people who are employed or unemployed
- an organized work stoppage intended to force an employer to address union demands
- theory about the relationship between education and wages
- money and other valuables
- authorization from local government to run a business
- business organization owned by a group of people
- legal entity owned by individual stock holders
- formal contract issued by a corporation
- debts
- negotiating labor contracts that keeps unnecessary workers on the company payroll
20 Clues: debts • demand for labor • money and other valuables • formal contract issued by a corporation • a certificate of ownership in a corporation • legal entity owned by individual stock holders • business organization owned by a group of people • business organization owned by two or more people • business owned and managed by a single individual • ...
Economics 2023-11-15
Across
- organization of workers that tries to improve working conditions and wages
- sells merchandise at reduced prices for their members
- companies reach out to other companies to do a specific job
- a certificate of ownership in a corporation
- movement of company operations to a different country
- business organization owned by two or more people
- demand for labor
- wage rate or price of labor services that is set when demand for workers is met
- business owned and managed by a single individual
Down
- two or more firms competing in the same market with the same good
- all nonmilitary people who are employed or unemployed
- an organized work stoppage intended to force an employer to address union demands
- theory about the relationship between education and wages
- money and other valuables
- authorization from local government to run a business
- business organization owned by a group of people
- legal entity owned by individual stock holders
- formal contract issued by a corporation
- debts
- negotiating labor contracts that keeps unnecessary workers on the company payroll
20 Clues: debts • demand for labor • money and other valuables • formal contract issued by a corporation • a certificate of ownership in a corporation • legal entity owned by individual stock holders • business organization owned by a group of people • business organization owned by two or more people • business owned and managed by a single individual • ...
Economics 2023-12-01
Across
- The difference between what was earned and what was spent in order to create the good or service
- Unity of ownership in a publicly listed company.
- Saving for retirement-contributions are made by an employer.
- Buying, selling, or exchanging g/s between people or countries, etc...
- Inputs from man-made goods, such as machines or computers, that are used to produce further goods or services.
- A stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organisation in order to function effectively.
- A scheme that is deliberately dishonest.
- Having limited resources to achieve unlimited needs and wants.
- Inputs from nature such as water, forests, and fertile land used in the production of goods/services.
Down
- When a business is able to outperform similar businesses in a market.
- The likelihood of loss.
- A business or organisation hiring workers to perform specific tasks in return for payment.
- Exchange of goods or services between buyers and sellers
- Inputs from human efforts (physical and/or mental) used in the production of goods and services.
- An individual who purchases goods or services for personal use
- The cost of the next-best alternative use of resources.
- A person's regular occupation, profession or trade / An organisation or enterprising entity engaged in commercial, industrial, or professional activities.
- Sum or money that is still owed
- The way scarce resources are distributed among producers, how scarce goods and services are divided among consumers.
- The study of how people produce, consume, and share wealth
20 Clues: The likelihood of loss. • Sum or money that is still owed • A scheme that is deliberately dishonest. • Unity of ownership in a publicly listed company. • The cost of the next-best alternative use of resources. • Exchange of goods or services between buyers and sellers • The study of how people produce, consume, and share wealth • ...
Economics 2024-02-26
Across
- amount an individual or business makes after deducting costs, allowances and taxes
- group organized for purposes other than generating profit
- a company that has business operations in at least one country other than its home country
- private organization that provides the public with information on businesses and charities
- amount of money a company borrows when it takes a loan.
- specialized form of general partnership.
- shares of ownership in a corporation and the type of stock in which most people invest.
- fixed-income instrument that represents a loan made by an investor to a borrower
- taxing of shareholder dividends after taxation as corporate earnings.
- items, goods, merchandise, and materials held by a business for selling in the market to earn a profit.
- non-registered, unincorporated business run solely by one individual proprietor with no distinction between the business and the owner.
- situation where a business closes if the owner dies, retires, or leaves for some other reason.
- form of fundraising where a business asks the public for a contribution
- a business whereby the owner licenses its operations—along with its products, branding, and knowledge
- union between two companies in the same industry but at different stages of the production process
- corporation made up of several different, independent businesses
- association or network of businesspeople designed to promote and protect the interests of its members
- relationship between two or more people to do trade or business.
- companies operating in the same or similar industry combine together
- not-for-profit financial institution that accepts deposits, make loans, and provides a wide array of other financial services
- sells the right to open stores and sell products or services using its brand, expertise, and intellectual property.
- measure of the amount of value an asset loses from influential factors affecting its market value.
Down
- one or more business owners or partners are liable for their company's debts and tax compliance.
- private equity investor that provides capital to companies with high growth potential
- organization of workers that negotiates with employers over wages and working conditions
- documents that bind a company's objectives and goals.
- financial statement that shows you the company's income and expenditures.
- user-owned and controlled business from which benefits are derived and distributed equitably on the basis of use or as a business owned and controlled by the people who use its services
- focused on early-stage startups that do not have a business model in place
- distribution of a company's earnings to its shareholders and is determined by the company's board of directors.
- voluntary process used to determine terms and conditions of work and regulate relations between employers, workers and their organisations
- type of stock that pays shareholders a specified dividend and has priority over common stock for receiving dividends.
- total amount of money being transferred into and out of a business
- legal entity that is separate and distinct from its owners.
- share in the ownership of a company, including a claim on the company's earnings and assets.
- monetary charge for borrowing money
- wealthy person who invests his or her own money in a company
- business arrangement by which two or more individuals agree to share responsibilities, assets, profits, and financial and legal liabilities of a jointly-owned business.
- an individual that owns at least one share of an organisation's capital stock.
- individual who purchases the right to sell the franchisor's goods or services using its existing business model and trademark.
40 Clues: monetary charge for borrowing money • specialized form of general partnership. • documents that bind a company's objectives and goals. • amount of money a company borrows when it takes a loan. • group organized for purposes other than generating profit • legal entity that is separate and distinct from its owners. • ...
Economics 2024-02-13
Across
- amout of money going in to your bank account
- the action of helping someone
- transport goods some were
- short supply of stuff
- give something and receive somthing
- money you have saved in the bank
- the resources needed or wanted
- increase in the cost of something
- what something cost
- discussing something
Down
- a safe place for your money
- the stuff you need to build something
- an action of buying and sell goods
- something used to buy thinks
- the merchandise
- an amout of something left over
- a person who purches goods
- can not abtaine supply's
- were people buy food
- how much something is
20 Clues: the merchandise • what something cost • were people buy food • discussing something • short supply of stuff • how much something is • can not abtaine supply's • transport goods some were • a person who purches goods • a safe place for your money • something used to buy thinks • the action of helping someone • the resources needed or wanted • an amout of something left over • ...
economics 2024-01-21
25 Clues: real • money • circular • scarcity • products • absolute • business • resource • communism • household • socialism • incentives • efficiency • capitalism • partnership • opportunity • comparative • corporation • competition • entrepreneur • nationalincome • economicfreedom • underutilization • factorsofproduction • productionpossibility
Economics 2024-01-22
Across
- The rights of individuals to own property with in an economic system
- Rent, wages, interest, profit
- Limited quantities of resources to meet unlimited wants
- The struggle among producers to gain the business of consumers
- Money spent by households to purchase products
- Economic system with private ownership and very little gov't intervention
- A business organization owned by two or more people
- possibility A curve that shows alternative ways to use and economies resources
- The market in which households are sellers and businesses are buyers
- A business organization made up of a legal entity owned by individual stockholders
- Offering that encourages people to behave in a certain way
- Goods and services
Down
- Land, labor, capital, entrepreneurship
- Economic system with centrally planned economy and gov't control
- The flow of resources and finished products between businesses and households
- Economic system with evenly distributed wealth and combined gov't control and private ownership
- The sector of the economy that provides resources and purchases products
- The flow of money as income and consumer expenditures between households and businesses
- The market in which businesses are sellers and household are buyers
- Ambitious leader who combines land,labor, and capital to creat a market new goods or services
- Using fewer resources that an economy is capable of using
- A business organization owned and managed by a single individual
- The gap between the two products that results from underutilization on a PPC
- Economic cost of choices
- The sector of the economy that purchases resources and provide products
- The model showing the flow between households and businesses
26 Clues: Goods and services • Economic cost of choices • Rent, wages, interest, profit • Land, labor, capital, entrepreneurship • Money spent by households to purchase products • A business organization owned by two or more people • Limited quantities of resources to meet unlimited wants • Using fewer resources that an economy is capable of using • ...
Economics 2024-01-22
Across
- the struggle among producers to gain the business of consumers
- goods and services
- possibility, alternative way to use economic resources
- sector of economy that provides resources and purchase products
- of production, Land, labor, capital,entrepreneurship
- income, rent, wages, interest, profit
- expenditures, money spent by households to purchase products
- economic system with private ownership and little government intervention
- offering that encourages people to behave in a certain way
- limited quantities of resources to meet unlimited wants
- sector of economy that purchases resources and provide products
- flow of money as income and consumer expenditures between households and businesses
- economic cost of choice
- flow of resources and finished products between businesses and households
Down
- the rights of individuals to own property with an economic system
- market where businesses are sellers and household are buyers
- a business organization owned by two or more people
- economic system with evenly distributed wealth and combined government control and private ownership
- using fewer resources that an economy is capable of using
- model showing flow between households and businesses
20 Clues: goods and services • economic cost of choice • income, rent, wages, interest, profit • a business organization owned by two or more people • of production, Land, labor, capital,entrepreneurship • model showing flow between households and businesses • possibility, alternative way to use economic resources • limited quantities of resources to meet unlimited wants • ...
Economics 2024-03-12
Across
- The expenses that a new business must pay before it can begin to produce and sell goods
- An agreement among firms to sell at the same or very similar prices
- A business combination similar to a cartel
- Factors that make it difficult for new firms to enter a market
- Contract issued by a local authority that gives a single firm the right to sell its goods within an exclusive market
- Perfect competition
- A company joins with another company or companies to form a single firm
- Skeptical about most claims of predatory pricing, predator loses money each time it drives an endless series or rivals out of business
- A market dominated by a few large, profitable firms
- When competitors cut their prices very low to win business
- Granting firms the right to operate a business, especially where scarce resources are involved
- A market that runs most efficiently when one large firm provides all of the output
- A monopoly created by the government
- Enables a monopolistically competitive seller to profit from the differences between his or her products and competitors' products
- An agreement among members of an oligopoly to illegally set prices and production levels
Down
- The ability to control prices and total market output
- Based on the idea that each customer has a maximum price that he or she will pay for a good
- Many companies compete in an open market to sell products that are similar but not identical
- A market structure that fails to meet the conditions of pure competition
- Competition through ways other than lower prices
- An agreement by a formal organization of producers to coordinate prices and production
- A product that is considered the same regardless of who makes or sells it
- If a firm controls a large share of a market, watch the firm
- Characteristics that cause a producer's average cost to drop as production rises
- Government no longer decides what role each company can play in a market and how much it can charge its customers
- Gives a company exclusive rights to sell a new good or service for a specific period of time
- Forms when barriers prevent firms from entering a market that has a single supplier
27 Clues: Perfect competition • A monopoly created by the government • A business combination similar to a cartel • Competition through ways other than lower prices • A market dominated by a few large, profitable firms • The ability to control prices and total market output • When competitors cut their prices very low to win business • ...
ECONOMICS 2024-03-14
Across
- economic system where individuals answer the 3 questions
- the next best alternative when making a decision
- the science of scarcity
- when government takes money from a business to limit production
- government programs aimed at limiting poverty
- we have unlimited wants but limited resources
- weighing the marginal benefits & costs
- people who benefit from a good/service without paying
- output per unit of input
- when the invisible hand fails
- economic system in which the government answers the 3 questions
Down
- any point inside of the PPC
- all the alternatives given up when making a decision
- destroy competition (they are the market)
- when government gives money to businesses to increase production
- where Qd=Qs
- any point along the PPC
- the amount of a good producers are willing and able to sell at different prices
- what motivates all businesses
- the amount of a good people are willing and able to buy at different prices
20 Clues: where Qd=Qs • the science of scarcity • any point along the PPC • output per unit of input • any point inside of the PPC • what motivates all businesses • when the invisible hand fails • weighing the marginal benefits & costs • destroy competition (they are the market) • government programs aimed at limiting poverty • we have unlimited wants but limited resources • ...
ECONOMICS 2024-03-15
Across
- the goal of any American business
- China is a _____ country because of its economic system
- another word meaning trade
- _____ used traditional economies in prehistoric times
- private individual citizens own their own property in a _____ economy
- the United States is a _____ country because of its economic system
- the social science that studies money
- there is no money in a _____ economy
Down
- the government owns everything in a _____ economy
- _____ _____ is the founder of communism
- the name of this class subject
- Who owns everything in command economies?
- in communist countries the government even tells you what _____ you will do
- economics is the laws of supply & _____
- "barter" is a fancy word meaning _____
- _____ _____ is the founder of capitalism
- economics is the laws of _____ & demand
- this economy is a mix of capitalism & communism
- the $$$ sign represents _____
- this island nation 90 miles from the USA is the only country Americans are not allowed to buy anything from
20 Clues: another word meaning trade • the $$$ sign represents _____ • the name of this class subject • the goal of any American business • there is no money in a _____ economy • the social science that studies money • "barter" is a fancy word meaning _____ • _____ _____ is the founder of communism • economics is the laws of supply & _____ • economics is the laws of _____ & demand • ...
Economics 2024-03-16
Across
- are work that one person does for another
- Every choice involves costs. These costs can take the form of money, time, or some other thing you value.
- the study of the wealth and resources of a country or region, especially in terms of production and consumption of goods and services.
- is a person who buys or uses goods or services
- benefit offered to encourage people to act in a certain way
- are desires that can be satisfied by consuming a good or a service
- is a maker of goods or a provider of services
- the benefit or satisfaction gained from using a good or service
- are things that are necessary for survival
- Also known as open-end funds are professionally managed funds that pool lots of investors’ money in order to buy a basket of investments.
- All the natural resources found on or under the ground that are used to produce goods and services are considered land
- Buying assets such as stock, bonds, mutual funds, or real estate with the expectation that your investment will grow in value.
- All the human time, effort, and talent that go into the production of goods and services are considered labor
- exists when there are not enough resources to satisfy human wants
- the alternative someone gives when making an economic choice
- The choices people make are shaped by incentives, by expected utility, and by the desire to economize
- The collection of physical and electronic markets where buyers and sellers can trade shares. It is like a giant, global auction. Most trading happens through the stock exchanges.
- Land,Labor,Entrepreneurship,Capital
Down
- A collection of stocks and bonds (or other securities) pooled into a single fund. You can buy and sell shares of ETFs on a stock exchange the same way you buy and sell stocks. Although they are very similar to mutual funds, unlike mutual funds, you can trade ETFs throughout the trading day.
- to make decision according what is believed to be the best combination of costs and benefits
- a symbol by which stocks are identified. Tickers are a few letters that distinguish a company’s shares in the stock market.
- the practice of examining the costs and the expected benefits of a choice as an aid to decision making
- All the physical resources made and used by people to produce and distribute goods and services are considered capital. So, too, are the knowledge and skills that make workers more productive
- are shares (pieces) of ownership in a company
- The combination of vision, skill, ingenuity, and willingness to take risks that is needed to create and run new businesses is called entrepreneurship
- are objects, such as food, clothing, and furniture, that can be bought
- the additional cost of producing or using one more unit of a good or service
- the value of something that is given up by choosing one alternative over another
- the benefit or satisfaction gained from using one or more unit of a good or service
29 Clues: Land,Labor,Entrepreneurship,Capital • are work that one person does for another • are things that are necessary for survival • are shares (pieces) of ownership in a company • is a maker of goods or a provider of services • is a person who buys or uses goods or services • benefit offered to encourage people to act in a certain way • ...
Economics 2023-10-27
Across
- The study of individual markets and how they work.
- The cost of borrowing money.
- The opposite of inflation, a general decrease in prices.
- The study of the overall economy, including inflation and unemployment.
- A strategic document outlining a company's goals and how to achieve them.
- A measure of a country's economic output.
- The state in which supply and demand are balanced.
- Putting money into a project with the hope of future gain.
- Something valuable that an individual or organization owns.
- An economic system based on private ownership and free markets.
Down
- A decrease in the value of an asset.
- An increase in the value of an asset.
- An economic system where the means of production are collectively owned.
- A place where you can buy and sell shares of publicly traded companies.
- The study of how societies allocate resources.
- A general increase in prices, leading to a decrease in the purchasing power of a currency.
- The desire for a product in the market.
- GDP per person, a measure of income per capita.
- Ownership shares in a company.
- The quantity of a product available for purchase.
20 Clues: The cost of borrowing money. • Ownership shares in a company. • A decrease in the value of an asset. • An increase in the value of an asset. • The desire for a product in the market. • A measure of a country's economic output. • The study of how societies allocate resources. • GDP per person, a measure of income per capita. • ...
Economics 2024-05-10
Across
- A situation in which the quanity demanded is greater than the supply
- Making, buying selling, and trading of a country
- the sum of all goods and services produced within a country's borders in one year
- the desire to own something and the ability to pay for it
- An economic system in which the government controls a country's economy.
- industry involved in the transfer and processing of information and knowledge
- a modern, industrialized country in which people are generally better educated and healthier and live longer
- An economy in which production is based on customs and traditions and economic roles are typically passed down from one generation to the next.
- market-based economic system with limited government involvement
- Industry that produces raw materials; examples include agriculture, fishing, mining, and forestry.
- a type of economy in which people are free to buy, sell, and produce whatever they want
Down
- The idea that certain restrictions should be placed on government to protect the natural rights of citizens.
- Land, labor, and capital; the three groups of resources that are used to make all goods and services
- economic system in which decisions on production are made by business owners and consumers
- A situation in which quantity supplied is greater than quantity demanded
- A government in which no limits are imposed on the ruler's authority. The leaders don't have to follow the same laws as everyone else.
- A country that has low industrial production and little modern technology
- The amount of goods available
- total GDP divided by total population; average GDP
- the sum of all goods and services produced in a nation in a year
- A person who organizes, manages, and takes on the risks of a business.
- statistics that measure the performance of the economy
- Industry involved in providing goods and service to others
- Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain
- Industry that deals with making products that are likely to be directly consumed by individuals.
25 Clues: The amount of goods available • Making, buying selling, and trading of a country • total GDP divided by total population; average GDP • statistics that measure the performance of the economy • the desire to own something and the ability to pay for it • Industry involved in providing goods and service to others • ...
ECONOMICS 2024-05-12
Across
- monetary value of all goods and services made within a country.
- demand increase rapidly, supply decreases/remains the same, to restore equilibrium prices will be made higher.
- costs that a firm incurs due to changing its prices.
- decline in economic activity, lasting for a few months
- a period of weak or negative growth in real GDP, unemployment is also high.
- unemployment due to technological change
- recovering from recession and economy starts to expand again.
- when people are unemployed at certain times of the year due to low demand for labour.
- how quickly the prices of good and services are rising.
- the result of workers seeking new employment or transitioning from old jobs to new jobs.
- extremely poor
- inflation of goods and services due to an increase in costs for producing the good.
- the cost to individuals who have to take frequent visits to the bank to take out more money for goods and services in periods of high inflation
- the amount of goods and services an economy is able to produce
Down
- the state of someone not having a job.
- a period of rapid economic expansion
- INCREASE IN THE LEVEL OF OUTPUT BY A NATION.
- something that is produced and consumed within the same country
- the level of income, and wether a person can afford necessities, comforts & luxuries
- an individual is not working but is able and willing to work and actively seeking employment
- occurs when there's a downturn in the economy, which might lead to lower demand for goods and services, deriving the demand for labour to decrease too.
- reduction of the general price for goods and services (lower prices)
- goods imported into a country for sale that is manufactured in a different country,
23 Clues: extremely poor • a period of rapid economic expansion • the state of someone not having a job. • unemployment due to technological change • INCREASE IN THE LEVEL OF OUTPUT BY A NATION. • costs that a firm incurs due to changing its prices. • decline in economic activity, lasting for a few months • how quickly the prices of good and services are rising. • ...
Economics 2024-05-12
Across
- you choose one thing which causes you to have to give up, or sacrifice, another. In economics, trade-offs are evaluated based upon their opportunity cost
- The sum of money paid regularly by a company to its shareholders
- Products that “compliment” each other
- Mandatory payments collected from individuals and corporations by a government entity to fund government activity
- real property that includes land and anything permanently attached to it or built on it, whether natural or man-made
- the process of developing, organizing, and running a new business to generate profit while taking on financial risk
- the rate of increase in prices over a given period of time
- Deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy.
- the process of creating a plan to spend your money
Down
- Pessimism: economy is contracting and last an average length of 1 year
- The study of economics on an individual level
- A product or service that can be used in place of another
- a means of communication with the users of a product or service
- Optimism: economy is expanding and last an average of 7 years
- means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury
- the action or fact of leaving one's job and ceasing to work
- Father of modern Economics
- known as equity, is a security that represents the ownership of a fraction of the issuing corporation. Units of stock are called "shares" which entitles the owner to a proportion of the corporation's assets and profits equal to how much stock they own.
- value of what is lost when choosing one thing over another
- economic system in which private individuals or businesses own capital goods
20 Clues: Father of modern Economics • Products that “compliment” each other • The study of economics on an individual level • the process of creating a plan to spend your money • A product or service that can be used in place of another • the rate of increase in prices over a given period of time • value of what is lost when choosing one thing over another • ...
economics 2024-11-14
Across
- all nonmilitary people who are employed or unemployed
- doesn't disappear with the death or retirement of the owner
- an institution that functions much like a business but does not operate for the purpose making a profit
- a legal entity, or being, owned by and individual stockholders, each of whom has limited liability for the firms debts
- can be harmful for the economy and the workers
- help corporations grow
- when two or more firms competing in the market join
- a organization of workers that tries to improve working conditions, wages, and benefits for its members
- the effort people devote to tasks for which they are paid
- naturalized citizens, permanent residents, guest workers
- usually provide a benefit to the public
- a contract that gives a single firm the rights to sell its goods within an exclusive market
Down
- as the economy changes, so does the job market
- another term for unions
- when two or more firms involved in different stages of production join together
- the gap in women's pay
- business organization owned and operated by a group of individuals for their shed benefit
- a business owned and managed by a single individual
- business organization owned by two or more persons who agree on a specific division of responsibilities and profits
- refereed to as contingency employments
20 Clues: the gap in women's pay • help corporations grow • another term for unions • refereed to as contingency employments • usually provide a benefit to the public • as the economy changes, so does the job market • can be harmful for the economy and the workers • a business owned and managed by a single individual • when two or more firms competing in the market join • ...
Economics 2024-05-08
Across
- The amount of money a person earns in a given period of time
- Economic system that uses free markets and funds many societal functions, such as education and healthcare
- An area of the production, distribution and trade, as well as consumption of goods and services
- The result of people who wish to work but cannot find work
- A type of place where shares of companies can be bought, sold and traded
- Economic system that uses high tax rates to fund necessary quality-of-life elements of society
- A government payment to an individual or business to assist in their continued economic activity
- Occurs when too much of a good or service is offered
- The total of goods and services sold in a country
- Money earned per year according to a contractual agreement
Down
- Economic system that emphasizes use of a free market
- Money earned by the hour, determined by state of employment and employer
- Economic system that disperses the wealth of the nation equitably to its citizens
- The effect of a currency losing its value over time
- The purchase of goods or services for the further production of other goods and services
- Goods or services sent to another country for sale
- The desire and ability to purchase a good or service
- Occurs when a good or service cannot match the level of demand
- Goods or services brought into a country from abroad for sale
- The goods or services ready for economic purchase or trade
- Required monthly and annual payments to the State that are used for the welfare of the State
- Money used in economic transactions,
22 Clues: Money used in economic transactions, • The total of goods and services sold in a country • Goods or services sent to another country for sale • The effect of a currency losing its value over time • Economic system that emphasizes use of a free market • The desire and ability to purchase a good or service • Occurs when too much of a good or service is offered • ...
Economics 2024-05-08
Across
- the consumer makes market decisions
- general increase in prices and fall in the value of money
- when the market is growing and doing well
- property consisting of lang of buildings
- 20-30 years, much cheaper
- stock dividing and then paying out to you
- tax on privately owned property
- giving up the best thing for and alternative
- business run individually and for people who pay money
- business run and paid for by the government
- when the stocks go down and economy is struggling
Down
- when economy suffers government should influx money
- performance how well a stock is doing based on how others are doing
- have disadvantages because they pay higher taxes
- the more you make the more luxury you can buy
- have advantages because they don't get taxed as much
- anything you gave up to make a finacial decision
- automatically pays out, more expensive,
- a share in the ownership of a company
- hands-off economy will self regulate
- father of modern economics, wealth of nations, capitalism
21 Clues: 20-30 years, much cheaper • tax on privately owned property • the consumer makes market decisions • hands-off economy will self regulate • a share in the ownership of a company • automatically pays out, more expensive, • property consisting of lang of buildings • when the market is growing and doing well • stock dividing and then paying out to you • ...
Economics 2025-01-15
Across
- the negotiation process between labor and business
- government controls what is produced and the price
- workers united to fight for wages and working conditions
- economic activities are based on cultural influences
- the business and person are the same
- person who is creating a business
- all the items needed for a business to operate
- an economic and political system in which a country's trade and industry are controlled by private owners for profit.
- the use and buying of purchased goods
- its goal isn't to make money, but rather to provide a service
Down
- moneey earned on purchased stocks
- product on shark tank
- what you are willing to give up to get
- some government control, and market derived prices
- how much is available for consumption
- someone looking to invest in a business
- how much something is wanted in a market economy
- the economy is based on supply and demand
- tool of labor unions, refusing to work
- legally operates as a single person
- being in short supply
- tool of business, refusing to let the workers work
- money earned after paying for supplies, and labor
23 Clues: product on shark tank • being in short supply • moneey earned on purchased stocks • person who is creating a business • legally operates as a single person • the business and person are the same • how much is available for consumption • the use and buying of purchased goods • what you are willing to give up to get • tool of labor unions, refusing to work • ...
Economics 2025-02-10
Across
- Curve A graph that shows the relationship between the price of a good and the quantity demanded.
- Policy The process by which a government or central bank controls the money supply and interest rates to influence the economy.
- Competition A market structure characterized by a large number of small firms competing against each other.
- A place or system where buyers and sellers interact to exchange goods and services.
- A situation in which demand for a product exceeds its supply.
- The total monetary value of all goods and services produced within a country's borders in a specific time period.
- The system of production, distribution, and consumption of goods and services in a society.
- A significant decline in economic activity across the economy lasting more than a few months.
- A person who purchases goods and services for personal use.
- The system of money in general use in a particular country.
- The basic economic problem that arises because resources are limited while human wants are unlimited.
- Cost The cost of the next best alternative that is forgone when making a decision.
- The study of how individuals and societies allocate scarce resources to satisfy unlimited wants.
Down
- A financial plan that outlines expected income and expenses over a certain period.
- The branch of economics that focuses on individual markets and the decisions of consumers and firms.
- The rate at which the general level of prices for goods and services rises, eroding purchasing power.
- The increase in the value of an asset over time.
- The state in which supply and demand are balanced, resulting in stable prices.
- The amount of money required to produce or acquire something.
- Curve A graph that shows the relationship between the price of a good and the quantity supplied.
20 Clues: The increase in the value of an asset over time. • A person who purchases goods and services for personal use. • The system of money in general use in a particular country. • A situation in which demand for a product exceeds its supply. • The amount of money required to produce or acquire something. • ...
Economics 2025-03-24
Across
- Guarantee of repayment
- person who agree to be legally responsible to pay back
- renting
- borrowing money that you have to pay back
- indicate the cost of borrowing money
- a charge for failing to make a payment on time
- sum of money invested,borrowed,or lent
- short term loans
- the maximum amount you can spend
Down
- money owed to a business
- losing all money
- loan financing of a property land
- time period between billing statement
- set length of time after due date which payment without penalty
- Trademark
- move from one type loan to another
- a recurring yearly charged levied by financial institution
- person with little to no credit history
- repayment on a dept
- ability to borrow money under agreement you'll pay back later
20 Clues: renting • Trademark • losing all money • short term loans • repayment on a dept • Guarantee of repayment • money owed to a business • the maximum amount you can spend • loan financing of a property land • move from one type loan to another • indicate the cost of borrowing money • time period between billing statement • sum of money invested,borrowed,or lent • ...
Economics 2025-04-22
Across
- The governing body of a nation, state, or community
- The action of manufacturing from components to create something new
- Country that is mostly socialist
- Author of the book “Progress”
- From 1981 to 2015, the _______ _____ in the U.S. significantly and quickly decreased.
- Public ownership of property and natural resources
- The ____ _________ rates in America have significantly increased because of capitalism.
- A system that combines aspects of both capitalism and socialism
- Country run by a capitalist system
- Social goal of the economics system that values protection
Down
- A primary goal of capitalism
- Evaluating actions and policies based on what is right and wrong
- Socialism prevents citizens from owning _______ ________.
- In a market system, the thing being traded can include _____ and services.
- The inputs used to produce goods and services, encompassing natural, human, and capital assets
- An increase in the size or capacity of an economy over a period of time
- An economic system where private individuals or businesses own and control the means of production
- An _______ is a system where people produce, buy, and sell goods and services.
- Many decisions come down to personal preferences and ________.
- The primary goal of any economic system is to ________ scarce resources
20 Clues: A primary goal of capitalism • Author of the book “Progress” • Country that is mostly socialist • Country run by a capitalist system • Public ownership of property and natural resources • The governing body of a nation, state, or community • Socialism prevents citizens from owning _______ ________. • Social goal of the economics system that values protection • ...
Economics 2024-10-18
Across
- Government programs designed to assist individuals in need.
- An individual who purchases goods and services for personal use.
- The cost of borrowing money, usually expressed as a percentage.
- Debt securities issued by governments or corporations to raise funds.
- Financial assets or resources used for producing goods and services.
- A tax imposed on imported goods to protect domestic industries.
- The ease with which assets can be converted into cash.
- Limited availability of resources compared to unlimited wants.
- Measure of a country's economic performance.
Down
- Structure that allows buyers and sellers to exchange goods and services.
- A market structure where a single seller dominates.
- Significant decline in economic activity lasting more than a few months.
- Total amount of a good or service available for purchase.
- Goods and services sold to other countries.
- A state where supply and demand are balanced.
- Rate at which prices for goods and services rise.
- Resources owned by an individual or entity that have economic value.
- Financial support given by the government to promote a specific economic activity.
- Consumers' desire to purchase a good or service at a given price.
- Relating to government revenue and spending policies.
20 Clues: Goods and services sold to other countries. • Measure of a country's economic performance. • A state where supply and demand are balanced. • Rate at which prices for goods and services rise. • A market structure where a single seller dominates. • Relating to government revenue and spending policies. • The ease with which assets can be converted into cash. • ...
Economics 2024-09-12
Across
- when is Eachworker given a specific task
- what is The way that economists put forward & investigate theories in the same way as scientists.
- what is shows combinations of interest rates and levels of output such that planned spending equals income
- When a factor of production is fixed but taking more than 4-6 months
- what is The study of whole economy or group of economies?
- what is Economics look at human behaviour, particularly in relation to satisfying human needs and wants.
- When a factor of production is fixed but taking several years
- what is Concentrate on producing some goods & services rather than others?
- things that a person would like to have but are not needed for survival
- what is used to produce goods & services?
Down
- what is the economic value of a worker's experience and skills
- When a factor of production is fixed but taking 1 day to 4-6 months
- what is an economy organized with some free-market elements and some socialistic elements
- what is the tangible and human-made goods or assets that go into the process of making another item
- what is The study of how to allocate scarce resources in the most efficient way.
- what is an economic system where two forces, known as supply and demand, direct the production of goods and services.
- what is The study of individual markets.
- when holding other things constant
- things that a person would like to have but are needed for survival
- what is the demand for a good or service is greater than the availability of the good or service.
20 Clues: when holding other things constant • when is Eachworker given a specific task • what is The study of individual markets. • what is used to produce goods & services? • what is The study of whole economy or group of economies? • When a factor of production is fixed but taking several years • what is the economic value of a worker's experience and skills • ...
Economics 2024-11-11
Across
- unemployed because of a recession
- how much product is being produced
- policy federal reserve
- government taxes
- big
- policy expansionary policy
- total spending in an economy
- things become more expensive
- unemployed but looking for a job
- policy contractionary policy
- searching for a job while not having a job
- how badly a product is wanted
Down
- wealth or money
- evil people that take money for taxes
- unemployed because of season
- small
- when the economy is doing bad
- economy is doing well and growing
- total
- unemployed when skills are no longer needed
- what is being produced and sold
21 Clues: big • small • total • wealth or money • government taxes • policy federal reserve • policy expansionary policy • unemployed because of season • total spending in an economy • things become more expensive • when the economy is doing bad • policy contractionary policy • how badly a product is wanted • what is being produced and sold • unemployed but looking for a job • ...
Economics 2024-10-08
Across
- Cycle - The fluctuating levels of economic activity that an economy experiences over time, typically consisting of expansion and contraction phases.
- of Payments - A statement that summarizes a country's economic transactions with the rest of the world, including trade, investment, and remittances.
- - The fundamental economic problem of having limited resources to meet unlimited wants and needs.
- - A period of temporary economic decline during which trade and industrial activity are reduced, typically identified by two consecutive quarters of negative GDP growth.
- - Financial assets or resources that can be used to produce goods and services, including machinery, tools, and buildings.
- Failure - A situation where the allocation of goods and services by a free market is not efficient, often leading to negative externalities.
- - The total amount of a product or service that producers are willing and able to sell at various prices.
- Floor - A government-imposed minimum price that can be charged for a product, intended to protect producers.
- Economics - The branch of economics that evaluates the economic well-being and distribution of resources among individuals in a society.
- Policy - The process by which a country's central bank controls the money supply and interest rates to influence economic activity.
- Equilibrium - The point where the quantity of a good supplied equals the quantity demanded, resulting in a stable market price.
- Rate - The percentage of the labor force that is unemployed and actively seeking employment.
- Balance - The difference between the value of a country's exports and imports, indicating whether it has a trade surplus or deficit.
- - The rate at which the general level of prices for goods and services rises, eroding purchasing power.
Down
- - A measure of how much the quantity demanded or supplied of a good responds to changes in price or income.
- Domestic Product (GDP) - The total monetary value of all finished goods and services produced within a country's borders in a specific time frame.
- - The action or process of allocating resources, usually money, with the expectation of generating an income or profit.
- Ceiling - A government-imposed limit on how high a price can be charged for a product, aimed at protecting consumers.
- Policy - Government policies regarding taxation and spending to influence the economy, often aimed at promoting growth and stability.
- Goods - Goods that are both excludable and rivalrous, meaning consumption by one person reduces availability for others.
- - The branch of economics that studies individual agents and markets, focusing on the behaviors of consumers and firms.
- Price Index (CPI) - An index measuring the average change over time in the prices paid by consumers for a basket of goods and services.
- Cost - The value of the next best alternative that is forgone when a choice is made, representing the benefits missed.
- - Costs or benefits incurred by third parties who are not involved in a transaction, impacting overall economic efficiency.
- Rate - The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal.
- Growth - An increase in the production of goods and services in an economy over time, typically measured by GDP growth.
- - The quantity of a product or service that consumers are willing and able to purchase at different prices.
- - A basic good used in commerce that is interchangeable with other goods of the same type, often traded on markets.
- Goods - Goods that are non-excludable and non-rivalrous, meaning they can be consumed by everyone without diminishing availability.
- Force - The total number of people eligible and willing to work, including both employed and unemployed individuals.
30 Clues: Rate - The percentage of the labor force that is unemployed and actively seeking employment. • - The fundamental economic problem of having limited resources to meet unlimited wants and needs. • - The rate at which the general level of prices for goods and services rises, eroding purchasing power. • ...
Economics 2024-10-09
Across
- assistance provided, usually in return of payment that satisfies needs/wants of people/business that doesnt result in product being touched
- the practice of making one's living or making money by producing or buying and selling products
- to come up with an unique idea that no one has seen or heard of
- the amount of goods and services businesses are willing/able to sell at certain prices
- State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases
- an item which can be seen or touched but is not necessary for survival
- means though which goods and services are made available to consumers
- high point in output, income, employment, prices and profit
- the amount of goods and services people are willing/able to buy at certain prices
- an item not necessary for survival but adds pleasure and comfort
- equipment, building, money that is used to produce goods and services
- a person who uses goods or services
- goods that are used together
- an item that can be seen or tocuhed and is essntial for survival
- combines aspects of both capitalism and socialism
- private actors own and control property in accord with their interests
Down
- using new technology, materials, or processes to improve on existing products or on how they are produced and distributed
- people or businessess that buy goods or services
- demand decreasing
- are goods which, as a result of changed conditions, may replace eachother in use/consumption
- the point where both sellers and buyers are happy with the price and quantity
- demand increases
- people that work to produce goods and services in a business
- an item that can be seen or touched
- an individual or buisness that makes a product
- cant be perceived by touch
- all property and wealth are communally owned
- raw materials that we get from the earth, water and air
- an item necessary for survival
- a product or service that consumers no longer want because it has become outdated/outmoded or has been replaced
30 Clues: demand increases • demand decreasing • cant be perceived by touch • goods that are used together • an item necessary for survival • an item that can be seen or touched • a person who uses goods or services • all property and wealth are communally owned • an individual or buisness that makes a product • people or businessess that buy goods or services • ...
Economics 2024-09-18
Across
- The amount of goods and services business are willing and able to sell at certain prices
- Is a process of creating goods and services in high quantities, involving a lot of machinery, and factories. It is mainly involved with mining and manufacturing. What type of production is this?
- Todd and Snott farm and fish for their food. Additionally, they trade ressources instead of using currency and for them their traditions are more important than money. What type of economic system is this?
- When business rely on each other in order to keep on succeeding
- An item that is necessary for survival such as food, water, shelter, clothes
- This mesures how consumers feel or think about the economy
- You are buying bubble tea (a good) and drinking it. What are you?
- Ricky calculates the financial gain his company makes after subtracting all expenses from its revenue. What is this financial gain considered?
- rates Jamal needs a car. He decides to borrow money from the bank. After paying for the car, he owes more money to the bank than the actual price of the car. What is the extra money that Jamal needs to pay the bank called?
- An individual has total and complete control over their business without interference from external factors. What is this called?
- This state of the economy represents the highest point of growth, where the standard of living is at its best
- This Is used to measure the changes in prices of goods and services purchased by an average suburban family. (The word is an acronym)
- system An economic system where some business and ressources are privatley owned, while others are owned by the gouvernement.
- This state of economy causes the stock market to crash
- Goods that can be used to replace one another that satisfy the same set of goals
Down
- Is a mesure of how many goods and services you can buy with a given amount of money/unit of currency. It is normally influenced by inflation. What is it?
- A good that goes well with or/and completes another. Ex: A sausage and a bun.
- Someone who makes, grows, supplies, or provides a good or service
- An item that is not necessary for survival, but it’s purpose is to serve one’s pleasure and comfort
- A severe state of economy that causes a fall in income and raise in unemployment
- The amount of goods and services people are willing and able to buy at certain prices
- Goods that people use less of as their income increases
- What is it called when the supply and demand curve meet? Hint: This is the point where both sellers and buyers are happy with the price and quantity of a good or service.
- Funds used by companies to buy assets, improve operations, or expand their business with the goal of generating future profits and growth.
- This state of economy demonstrates steady rise in output, input, employment, prices, and profits
- Lebron purchases a large truck in order to start his delivery business. What kind of asset is this?
- An engineer demonstrates a profound focus and knowledge on desinging roofs (a specific task) and is very skilled at it. What is this called?
- system An economic system where decisions are influenced by supply and demand
28 Clues: This state of economy causes the stock market to crash • Goods that people use less of as their income increases • This mesures how consumers feel or think about the economy • When business rely on each other in order to keep on succeeding • Someone who makes, grows, supplies, or provides a good or service • ...
Economics 2025-03-17
Across
- A good that is brought into one country from another
- Branch of economics with individual decision making
- Basic determinant of living standards
- Money received on a regular basis for work or investment
- Intangible items that can be bought and sold
- The total amount of a good or service available for sale.
- The basic and central economic problem
- A plan of how much money a person, business or government is able to spend and how it will be spent
- An economic system in which individuals,not the government control the production and distribution of goods and services
- A decrease in the overall price level
- Money brought in by a business
- Desires for non essential items
- Refers to economics " as it is"
- Cap A government imposed limit on the price of a good or service
- Money that a government collects from people and businesses
- The foregone value of what you give up when you make choicesHouseholds- They are called the resource owners
- An increase in the overall price level
- He made general theories of employment,interest and money
- The point where supply and demand intersect
- The essentials of Life,such as food and shelter
Down
- A situation items that can be bought and sold
- A market with only one seller
- An economic system that is a combination of free market and command economy
- The Greek word of economics
- Factors that can shift the demand curve
- A situation where the quantity supplied exceeds the quantity demanded
- When expenses exceed income
- Someone who buys and uses goods and servicesGoods Tangible items that can be bought and sell
- The desire,willingness and ability to buy a good or service
- Money loaned, usually for a fee,that must be paid back
- Smith Considered the father of economics
- The money a person pays to borrow money or the money a bank pays
- To use money to earn interest or income
- A graphical representation showing the relationship between price and quantity demanded
- A situation where the quantity demanded exceeds the quantity supplied
- A good that is sent from one county to anotherProfit The money a business makes after expenses are paid
- The study of how individuals and societies make decisions under conditions of scarcity
- A graph showing the relationship between price and quantity supplied
- Ceiling A government set maximum price
- The people or business that provide goods and services
- The cost of all inputs used in production
41 Clues: The Greek word of economics • When expenses exceed income • A market with only one seller • Money brought in by a business • Desires for non essential items • Refers to economics " as it is" • Basic determinant of living standards • A decrease in the overall price level • The basic and central economic problem • An increase in the overall price level • ...
Economics 2025-09-09
Across
- gifts of nature available for production
- goods and services produced by factors of production
- the best next alternative forgone
- the output per factor of production in an hour
- human made goods used in production
- human effort used in producing goods and services
- gross investment minus depreciation
- ability to change where capital is used or in which occupation.
- situation where there is not enough to satisfy everyone’s wants
- ability to change where enterprise is used lr in which occupation
- people in work and those actively seeking work
- the value of capital goods that have worn out or become obsolete
- capable of changing use
Down
- spending on capital goods
- the economic resources of land, labour, capital and enterprise
- curve that shows maximum output of two types of products and combination of those products that can be produced with existing resources and technology
- reduction in number of capital goods caused by some obsolete and worn out capital goods not being replaced.
- incapable of moving from one location to another location.
- product which requires resources to produce it and therefore has an opportunity cost
- unlimited wants exceeding finite resources
- ability of labour to change where it works or in which occupation
- output per worker hour
- a person who bears the risk and make the key decision in business
- goods and services purchased by households for their own satisfaction.
- Factors used to produce goods and services
- total spending on capital goods
- product which doesn’t require any resources to make and so doesn’t have opportunity cost
- risk bearing and key decision making in business
28 Clues: output per worker hour • capable of changing use • spending on capital goods • total spending on capital goods • the best next alternative forgone • human made goods used in production • gross investment minus depreciation • gifts of nature available for production • unlimited wants exceeding finite resources • Factors used to produce goods and services • ...
Economics 2025-10-31
Across
- Who John M. Keynes was
- Conference where he was a representative
- Should factories use automated production or more workers
- Does current economic policy follow Keynes’s theories
- Year Adam Smith was born
- What Adam Smith lectured on
- University Adam Smith taught at
- University Adam Smith attended
- University John M. Keynes attended
- Year he was a representative
- Year of John’s final work
- Should society direct most resources to military, clothing, or housing
- Year Adam Smith wrote his book
- Year he wrote The General Theory of Employment
- Why Adam Smith is still important today
- Book John M. Keynes wrote
Down
- Why Smith had a negative view of monopolies
- Father of economics
- Year Adam Smith died
- Problem John M. Keynes faced during the Great Depression
- What John negotiated with the U.S. to Britain
- Subject Adam Smith studied
- Famous book Adam Smith wrote
- What people used during World War II from John’s ideas
- Year John M. Keynes died
- Continent John M. Keynes was born in
- What Adam Smith is often called
- Type of loan John negotiated
- What John was considered in the 1930s
- Century Adam Smith lived in
30 Clues: Father of economics • Year Adam Smith died • Who John M. Keynes was • Year John M. Keynes died • Year Adam Smith was born • Year of John’s final work • Book John M. Keynes wrote • Subject Adam Smith studied • What Adam Smith lectured on • Century Adam Smith lived in • Famous book Adam Smith wrote • Type of loan John negotiated • Year he was a representative • ...
Economics 2025-11-04
Across
- Where was John Keynes born?
- What book did Adam Smith write?
- Where was John M. Keynes educated?
- What country was Adam smith from?
- What book did Adam Smith write?
- What did Adam Smith believe motivates people in the economy?
- What year did Adam smith die?
- At what age did John M. Keynes Die?
- In what year was The Wealth of Nations Published?
- In what year was Adam Smith born?
- What school of economics was inspired by keynes?
- Did keynes support more or less government involvement in the economy?
- what is John m Keynes known for ?
- What type of economics in named after Keynes?
- What was Keynes famous theory?
- What idea did Adam smith describe as the "invisible hand"?
Down
- What did John conclude the problem during the great depression was?
- What was Keynes nationality?
- What was Keynes view on saving?
- What is one major legacy or idea Of Adam smith Still used today?
- In what town was Adam Smith born?
- In what year did he write “The general theory of employment, interest and money”?
- What is Adam Smith Known for being?
- In what year did John Keynes die?
- What was Keynes governmental role?
- According to smith what happens when supply and demand are balanced?
- Until what year was Keynes considered a conventional economists?
- What did Adam Smith believe motivates people in the economy?
- What did Smith think would happen if businesses freely competed?
- What did Smith believe was the result of specialization labor?
- What did smith believe create Wealth in a nation ?
- What did Adam Think about monopolies?
32 Clues: Where was John Keynes born? • What was Keynes nationality? • What year did Adam smith die? • What was Keynes famous theory? • What book did Adam Smith write? • What was Keynes view on saving? • What book did Adam Smith write? • What country was Adam smith from? • In what town was Adam Smith born? • In what year did John Keynes die? • In what year was Adam Smith born? • ...
Economics 2025-11-06
Across
- Studied
- Productivity
- Profit Helps Society
- Main Problem
- Free Market
- Birthplace
- Limited Government
- University
- Wealth of
- Market Phrase
- Protect Property
- Field of Study
- Taught
- Opposed Theory
- Publication Year
- Death Year
- Global Bank
- Publication Year
Down
- Moral Book
- Birthplace
- Gov Spending Theory
- Economic Recessions
- Nationality
- Father of Economics
- Wrote General Theory
- Economic Decline
- Gold System
- Crisis Advised
- Policy Tool
- Helped Design
30 Clues: Taught • Studied • Wealth of • Moral Book • Birthplace • Birthplace • University • Death Year • Nationality • Free Market • Gold System • Policy Tool • Global Bank • Productivity • Main Problem • Market Phrase • Helped Design • Crisis Advised • Field of Study • Opposed Theory • Economic Decline • Protect Property • Publication Year • Publication Year • Limited Government • Gov Spending Theory • Economic Recessions • ...
Economics 2025-11-19
Across
- A business owned by one person
- Being able to easily adjust for a job.
- Workers with no specialized skills
- Workers with advanced skills & education
- When two or more firms are competing in the same market join.
- Workers with minimum skills
- Workers with specialized skills & little supervision
- A business that sells merchandise to members at reduced prices
- A semi independent business that pays fees to a parent company for the exclusive right to sell something in an area
- A business organization owned and operated by a group of individuals for their shared benefits.
Down
- Individuals hired for a limited time.
- A corporation with very few stockholders
- A corporation with stocks bought and sold in financial markets
- A business that provides a service like health & legal care or credit unions.
- This comes out of changes in working conditions brought on by the industrial revolution
- When one person holds liability and the other invests the money
- All non military people who are employed or unemployed
- A business owned by two or more people who agree on a division of responsibilities and profits
- Has no owner and is often ran by a bored
- The most complex form of business
20 Clues: Workers with minimum skills • A business owned by one person • The most complex form of business • Workers with no specialized skills • Individuals hired for a limited time. • Being able to easily adjust for a job. • A corporation with very few stockholders • Workers with advanced skills & education • Has no owner and is often ran by a bored • ...
Economics 2012-08-27
Across
- When a company issues more shares, it is taking advantage of _______ financing
- This decreases as you continue to consume a certain good over and over again
- Index measuring changes in overall value of companies
- The most common market structure in Australia
- If this is high, then it is easier for workers to change within jobs
- Type of unemployment leading to redundancy in manufacturing
- Market for any input into production process
- Sovereignty Concept outlining the consumer's role in a market economy
Down
- Policies conducted to reduce role of government
- A practice with a significant trend of growth in terms of employment contracts
- Movement along demand curve
- Also known as financial assets
- The measure of spread of income within the economy
- Method used to measure price elasticity by examining changes in total revenue of a producer
- A term commonly measured by percentage change in Consumer Price Index
- Good used in conjuction with another good is known as a ________
- Term used in economic analysis stating that all factors remain constant apart from one
- A good is said to be _______ when quantity supplied rises by same proportion as price increases
- Point in which there is most efficient level of production for a firm
- Actual purchasing power of money wages
20 Clues: Movement along demand curve • Also known as financial assets • Actual purchasing power of money wages • Market for any input into production process • The most common market structure in Australia • Policies conducted to reduce role of government • The measure of spread of income within the economy • Index measuring changes in overall value of companies • ...
Economics 2012-09-11
Across
- a risk taker in search of profits who does something new with existing resources
- takes place when work is arranged so that individual workers do fewer tasks than before
- occurs when a nation's total output of goods and services increases over time
- is the study of how people try to satisfy what appears to seemingly unlimited and competing wants through the careful use of relatively scarce resources
- is the situation where some necessities, such as water, have little monetary value, whereas some non-necessities, such as diamonds, have a much higher value
- the process of creating goods and services, can take place
- is when manufactured goods are used to produce other goods and services
- is a way of thinking about a problem that compares the costs of an action to the benefits received
- are productive resources are brought and sold
- a diagram representing various combinations of goods and or services an economy can produce when all productive resources are fully employed
- is the accumulation of those products that are tangible, scarce, useful, and transferable from on person to another
- a location or other mechanism that allows buyers and sellers to exchange a certain economic product
- and item that is economically useful or satisfies and economic want, such as a book, car, or compact disc player
- is a measure of the amount of output produced by a given amount of inputs in a specific period of time
- is a basic requirement for survival and includes food, clothing, and shelter
Down
- or alternative choices, whenever they make an economic decision
- is intended for final use by individuals
- is the condition that results from society not having enough resources to produce all the things people would like to have
- resources required to produce the things we would like to have, are land, capital, labor, and entrepreneurs
- one in which consumers and privately owned businesses, rather than the government making the majority of the What, How, and For Whom decisions
- refers to a worth that can be expressed in dollars and cents
- is the sum of skills, abilities, health, and motivation of people
- the capacity to be useful and provide satisfaction
- the cost of the next best alternative use of money, time, or resources when one choice is made rather than another
- this means that we rely on others, and others rely on us, provide the goods and services that we consume
- people with all their efforts, abilities, and skills
- is a way of expressing a need
- goods and services that are useful, relatively scarce, and transferable to others
- the dollar value of all final goods and services, and structures produced within a country's borders in a 12 month period
- the tools, equipment, machinery, and factories used in the production of goods and services
- are markets where producers sell their goods and services to consumers
- or work that is performed for someone
- also known as "gift of nature" or natural resources not created by humans
- the money used to buy the tools and equipment used to production
34 Clues: is a way of expressing a need • or work that is performed for someone • is intended for final use by individuals • are productive resources are brought and sold • the capacity to be useful and provide satisfaction • people with all their efforts, abilities, and skills • the process of creating goods and services, can take place • ...
Economics 2013-12-16
Across
- the condition where a persons income and resources do not allow them to achieve a minimum standard of living
- income not used for consumption
- occurs when stock market prices rise steadily over time
- bank chartered by national government
- possibility for loss on an investment
- the percentage of the labor force that is job-less and looking for work
- paper money and coins
- the ratio of the amount of output produced to the amount of input
- the market value of all final goods and services produced within a nation in a given period of time
- buys and sells stocks for customers
Down
- bank chartered by state government
- profit made from the sale of securities
- measures and reports the change in prices of a set of stocks
- / market activities that go unreported due to being illegal or to avoid taxation
- all the institutions that help transfer funds between savers and investors
- the increase in a nations real GDP over a period of time
- a market where securities are bought and sold
- the profit or loss made on an investment
- anything people will accept for goods or services
- the use of income today that allows for a future benefit
- occurs when stock market prices decline steadily over time
21 Clues: paper money and coins • income not used for consumption • bank chartered by state government • buys and sells stocks for customers • bank chartered by national government • possibility for loss on an investment • profit made from the sale of securities • the profit or loss made on an investment • a market where securities are bought and sold • ...
Economics 2014-03-06
Across
- interaction of buyers and sellers exchanging goods and services
- actions that are capable of satisfying peoples wants
- a person who grows agricultural products or manufactures items
- Resources something found in nature
- Country a country whose economy is still being built
- objects that are capable of satisfying peoples wants
- Resources resources made by humans such as building tools and machinery
- the purchase or use of goods and services
- the quantities of a good or service that producers are willing and able to provide at various prices during a given time period
- exchange of something of value
- goods that leave a country as part of trade
- the quantities or productive resources
Down
- the act of combining natural resources ,human resources capital goods & entrepreneurship to make goods & services
- Country a country with an established economy generally containing all 4 forms of production
- the quantities of a good or service that consumers are willing and able to buy
- concentration of production on fewer kinds of goods & services
- Trade countries relying on one another to satisfy wants and needs 20/ Import goods brought into a country as part of trade
- a person who buys and uses goods and services
- quantities of goods ans services produced
- lack of sufficient resources to produce all the goods and services people desire
- Resources activities of people who decide what kind of economic activities to pursue
21 Clues: exchange of something of value • Resources something found in nature • the quantities or productive resources • the purchase or use of goods and services • quantities of goods ans services produced • goods that leave a country as part of trade • a person who buys and uses goods and services • actions that are capable of satisfying peoples wants • ...
Economics 2013-11-21
Across
- money the government owes
- overall increase in the price of goods
- major source of income for the federal government
- when a single producer dominates a market and there is no competition, causes high inflation
- large scale public systems like highways, bridges, and schools
- sharp drop in a nation's GDP for more than a year
- gives benefits to the elderly by providing supplemental income after retirement
- governmental plan of action to solve either a problem that affects all or most people or a problem that the people cannot solve on their own
- provide money to buy food based on the dollar amount a household receives based on family income
- a country's official principles, positions, and procedures for dealing with forces outside its borders
- product
Down
- fee charged for borrowing money
- money set aside for a specific use
- type of fuel made by blending gasoline and ethanol
- government's resolution to problems at home in American that need public solution (ex. highways, healthcare, welfare)
- when money is left over
- social welfare program that assists the poor with their medical costs, jointly funded by both the national government and the states
- duties and fees the government charges businesses and individuals who bring good into the US from other countries
- regulates the economy by controlling the money supply
- slowdown in economic growth; decline in GDP for two consecutive quarters
- social insurance program, designed to help the elderly or disabled pay their medical costs
- fees charged to borrow money
- government's power to tax and spend
23 Clues: product • when money is left over • money the government owes • fees charged to borrow money • fee charged for borrowing money • money set aside for a specific use • government's power to tax and spend • overall increase in the price of goods • major source of income for the federal government • sharp drop in a nation's GDP for more than a year • ...
Economics 2015-02-04
Across
- failure to fulfil the terms of a loan agreement
- state of being poor
- a free-market system built on private ownership
- money loaned
- two-word name for the currency of the UK
- when more money goes out than comes in
- ... and shares
- total revenue minus total costs
- workforce
- ... makes the world go round
Down
- a particularly bad recession, i.e. America, 1929
- rising prices across the board
- jobless
- two-word term for a country with low or no taxes, i.e. Switzerland
- judged by a court to be unable to pay off one's debts
- money sent from one country to another in order to help its economy
- to put money into a venture in the hope of making more money
- Karl Marx's "dictatorship of the proletariat"
- to sell state-owned business to non-public investors
- area of the single European economy
20 Clues: jobless • workforce • money loaned • ... and shares • state of being poor • ... makes the world go round • rising prices across the board • total revenue minus total costs • area of the single European economy • when more money goes out than comes in • two-word name for the currency of the UK • Karl Marx's "dictatorship of the proletariat" • ...
Economics 2015-05-20
Across
- when there's a increase in efficiency there will be more
- Income received from the factors of production (land, labour, enterprise and capital).
- Depicts the maximum level of output possible for a country when all resources are used to maximum efficiency.
- Is the total income received from all sources, including government transfers.
- A consumer's desire and willingness to pay a price for a specific good or service
- Is a term describing generally falling prices over a period of time. It can happen in recession.
- The rate of inflation is
- Is the sum of all apending or demand on final goods and services.
- is a wave pattern which records the various phrases the level of economic activity.
- Is where people's needs and wants are virtually unlimited.
- All firms produce similar yet not perfect substitute products.
- The total amount of a specific good or service that is available to consumers.
- This bank decides on interest rates.
- Represents the degree of income equality or inequality
- CPI measures this
- To create more productivity you need more
- This commission sets up promotes competition and fair trade in markets to benefit consumers and businesses
- a system that increases or decreases taxes
- might be called market or current.
- A situation in which the supply and demand for a good or service can vary significantly due to the price
- Concept or idea of fairness in economics
Down
- Always between 0 and 1
- the loss of other alternatives when one alternative is chosen.
- another term for Real GDP
- Is a measure of the total inflation within an economy
- the situation in which the supply and demand for a good or service are unaffected when the price of that good or service changes.
- Is the stock of financial and material assets a person accumulate through savings or inheritance, including land, houses, shares and savings.
- the 45 degree line that represents equality.
- buying foreign made goods is called
- Australian made goods sold to a overseas market is called
- Is an extreme situation where prices rise very quickly
- Is a measure of inflation that excludes certain items that face volatile price like food and energy.
- Income after tax revenues is called
- a system that the RBA which increases or decreases interest rates
- Is received by people who haven’t directly participated in the production process from people who have participated in that process.
- is a supply side factor in which the wage increase very high, then the cost of production for the company, then to maintain profits they would increase prices.
- A compulsory contribution to state revenue
- Higher Gini Coefficient means
- when a market system is when one market is dominating
- Opposite of inflation
- A market system where their is limited competition
41 Clues: CPI measures this • Opposite of inflation • Always between 0 and 1 • The rate of inflation is • another term for Real GDP • Higher Gini Coefficient means • might be called market or current. • buying foreign made goods is called • Income after tax revenues is called • This bank decides on interest rates. • Concept or idea of fairness in economics • ...
Economics 2015-05-24
Across
- / Payments received by businesses from selling goods and services
- / A type of measure for inflation
- / Part of the lorenz diagram that shows the degree of income or wealth quality or inequality
- / When people are willing and able to work but do not have jobs
- / Also known as personal income tax
- / A supply factor that can affect the cost of production of the business
- / A demand factor in which one product can replace another product
- / A supply factor that affects GDP
- / A type of market structure that have a few firms in the industry
- / A type of policy that includes taxes
- / A level of poverty that is experienced when there is a serious deprivation of basic needs
- / A point on the business cycle where the GDP of a country is negative
- / One firm in the industry
- / When consumers and producers are satisfied with the price
- / A type of market structure that have several firms in the industry and has strong market power
- / A type of policy that includes interest rates
- / Unlimited wants and needs but not enough resources
- / Another word for unlimited
- / A number between 0-1 that measures the equality of the distributional income
- / Natural resources that are used to produce goods and services
- / Every 20% of income distributed
- / When prices are generally falling over a period of time
- / 80% of a business cost
Down
- / A level of income which people cannot enjoy access to basic needs
- / Another word for limited
- / Every 10% of income distributed
- / A factor in the AD formula
- / CPI that excludes volatile items
- / A demand factor that can increase GDP
- / Gross domestic product
- / A measure of resource efficiency
- / A situation where prices rise very quickly and go out of control
- / A point on the business cycle where GDP is falling slowly
- / A point on the business cycle where the GDP is high
- / A point on the business cycle where GDP is going up slowly
- / Events such as cyclones, droughts and floods
- / Refers to a rise in the level of prices for goods and services over a period of time
- / All buildings, equipment and human skills used to produce goods and services
- / Goods or services produced in one country but sold to buyers in another country
- / Goods or services bought from sellers in another country
40 Clues: / Gross domestic product • / 80% of a business cost • / Another word for limited • / One firm in the industry • / A factor in the AD formula • / Another word for unlimited • / A type of measure for inflation • / Every 10% of income distributed • / Every 20% of income distributed • / CPI that excludes volatile items • / A supply factor that affects GDP • ...
Economics 2015-05-07
Across
- How much of something people want.
- Economy People can freely buy and trade goods and services. The price of each good or service is determined not by the government but by demand.
- A fee charged by the government on a product, income, or activity.
- A system of exchange like money.
- To work, especially work hard.
- Resources The man-made tools needed to make a product.
- Describe or draw attention to a product, service, or event)/
- Owing money that is overdue
- Trade Exchange of goods/services throughout the world.
- To provide someone or something with money.
- An economic system where the government has control what goods and services people can have and how much they can have. Everything is owned by everyone, and there are no “social classes.”
- Synonym for Trading.
- The person who has leadership and the innovation in a business.
- A good brought in to North Carolina from another state/country.
- A type of product manufactured by a particular company under a particular name.
- A fee for borrowing money.
- Chief Executive Officer; The President/Manager Director of a business or corporation.
- A company/business that produces goods.
- Management of money.
- The action or business of promoting and selling products or services.
- A document that gives the rights of an inventor to their invention.
- An estimate of expected income and spending over time.
- To persuade someone to buy something.
- Exchange The exchange of one currency to another
Down
- A type of cloth or woven fabric.
- The payment that was paid; directly comes out of checking account.
- There is not an unlimited supply of resources, so sometimes the things that we want are unavailable.
- Increase in prices for goods and services over time.
- An economic system where how much money people have determines on their income; people make profit on the goods or services they provide.
- The money you receive.
- Resources The people who make products.
- The ability of a customer to obtain goods or services before payment.
- Something you would like to have, but it is not necessary for survival.
- of Labor Workers perform specific tasks and put it all together to make a product.
- You depend on other people for other things.
- A new idea.
- A thing that motivates or encourages one to do something.
- A creative ability; a creation of something.
- Amount required as payment for good/service.
- Something you have to have; you can't live without.
- To exchange/swap goods or services for other goods or services.
- Federal Reserve Bank The central bank of the US that supervises all the money and banks in the country.
- Money that is given to someone and expected to be payed back at some point.
- Resources Materials that come from nature and are used to make a product.
- A good given to another state/country from North Carolina.
- A symbol, saying, etc. owned by a business/company and can only be used by the owner.
- How much of something is available.
47 Clues: A new idea. • Synonym for Trading. • Management of money. • The money you receive. • A fee for borrowing money. • Owing money that is overdue • To work, especially work hard. • A type of cloth or woven fabric. • A system of exchange like money. • How much of something people want. • How much of something is available. • To persuade someone to buy something. • ...
Economics 2015-11-17
Across
- The rate at which one currency can be exchanged for another or the number of units of foreign currency that correspond to the domestic currency
- Teaching economics
- Taxes on imported goods tax charged on imports and exports
- The value of the next best alternative
- Includes spending by frims or the government on capital goods
- A good the demand for which varies negatively with income
- Decreases in the average costs of production that occur as a firm increases it's output by varying all it's inputs
- A similar thing to price elasticity of demand
- The absence of government intervention of any kind in international trade, this trade does not have any restriction
Down
- Other things being equal
- Land, Labor, Capital, Entrepreneurship
- A continuing increase in the general price level
- Money charged by the government
- One of the four market structures, a single or dominant firm in the industry
- A factor of production which includes all natural resources
- Product
- Goods that are nessary or essential
- A development assistance organisation made up of 185 members ( Joint Owners )
- Shortage
- Amount of something, especially money that is given to a particular person or used for a particular purpose
- Surplus
21 Clues: Product • Surplus • Shortage • Teaching economics • Other things being equal • Money charged by the government • Goods that are nessary or essential • Land, Labor, Capital, Entrepreneurship • The value of the next best alternative • A similar thing to price elasticity of demand • A continuing increase in the general price level • ...
Economics 2015-10-31
Across
- Those goods for which the demand increases when income increases are called .... goods
- The indifference curve approach was introduced by Prof......
- Such goods the demand for which falls when income increases are called .... goods
- Production Possibility Curve is ...... slopping
- The additional revenue earned from the sale of the last unit produced is called ....
- Other things remaining the same, as the price rises, the demand.....
- ........ Curve is the production possibility curve
- ............cost doesn't change when output is increased or decreased
- The elasticity of supply would range from .... to infinity
- Demanding the same, an increase in supply will .... the price
- Costs of the factor inputs or services supplied by the owner of the firm is called .... costs
- The relationship between price and the quantity demanded is states as law of ......
Down
- If a single producer controls the entire supply of a commodity in the market, is is called ....
- Indian economy is a ...... economy
- The transformation of inputs into output is called ....
- The downward slope of the demand curve reflects the .... effect
- The economic problem is the problem of economising .... resources
- The quantity demanded of a commodity varies inversely with it's.......
- In micro economics, the details of operation of .....small are observed
- The welfare definition of economics was given by........
- Elasticity of demand will be less in the case of households having... income
- Adam Smith defined Economics as a science of ......
- In the case of inferior goods, an increase in income shifts the demand curve to the.... side
- An economy in which goods and services are bought and sold freely in the market is called ..... economy
24 Clues: Indian economy is a ...... economy • Production Possibility Curve is ...... slopping • ........ Curve is the production possibility curve • Adam Smith defined Economics as a science of ...... • The transformation of inputs into output is called .... • The welfare definition of economics was given by........ • ...
Economics 2016-09-19
Across
- Help if needed
- get more products
- could buy
- name of class
- Products
- Were the supply and demand could go
- under the PPC
- not enough
- Get the other product
Down
- pay less
- Quick and swift
- Not sea but
- hard work
- Look at other products
- what makes a product
- state/counrty major city
- Low on everything
- Not a need
- evolution
- not a want
20 Clues: pay less • Products • hard work • could buy • evolution • Not a need • not enough • not a want • Not sea but • name of class • under the PPC • Help if needed • Quick and swift • get more products • Low on everything • what makes a product • Get the other product • Look at other products • state/counrty major city • Were the supply and demand could go
ECONOMICS 2016-08-24
Across
- All economic agents are supposed to be ______.
- A stable state of a system involving the interaction of different participants, in which no participant can gain by a change of strategy if the strategies of the others remain unchanged (___ ________).
- Regional intergovernmental organization and geopolitical union in South Asia
- A monetary union of 19 of the 28 European Union member states which have adopted the euro (€) as their common currency.
- A tax whose amount is based on the value of a transaction.
- The rate at which the Reserve Bank of India lends money to commercial banks in the event of any shortfall of funds.
- This organisation was created at an international conference convened in Bretton Woods in July 1945
- Fresh issue of shares or convertible securities for sale by an unlisted company for the first time to the public.
- A form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply
- Economic theory based on the belief that a country's wealth could best be judged by the amount of precious metals or bullion it possessed.
- A situation in which a debt is difficult or impossible to pay typically because high interest payments prevent re-payment of principal
- Sale of a security that is not owned by the seller, or that the seller has borrowed.
Down
- A state of allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.
- A loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable
- This economic principle tells that you cannot control all three policy variables together, namely, the free movement of capital, an independent monetary policy, and a fixed or pegged exchange rate policy (6) (7) .
- An informal index introduced in The Economist in September 1986 for measuring the purchasing power parity (PPP) between two currencies. It is based on the cost of a single Big Mac burger as sold by the McDonald's fast food restaurant chain.
- A comprehensiveagreement that sets the rules for international trade and investment between Canada, the United States, and Mexico
- Exchange (goods or services) for other goods or services without using money.
- A form of international money, created by the International Monetary Fund, and defined as a weighted average of various convertible currencies.
- An organisation which holds securities of investors in electronic form through a registered depository participant (4) (4)
- a graphical representation of the relationship between tax rates, tax revenue, and taxable income.
- An intergovernmental organization of 14 nations to coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets.
- A free-float market-weighted stock market index of top 30 companies listed on Bombay Stock Exchange
- When every open covering of a set has a finite sub-cover it is called ______ ___
- The situation when an entity can survive or continue its activities without external assistance or international trade.
- A process developed by the India's Stock Market Regulator SEBI for applying to IPO in which an IPO applicant's account doesn't get debited until shares are allotted to them
- A tax imposed on imported goods and services.
- Anautonomous apex statutory body which regulates and develops the insuranceindustry in India.
28 Clues: A tax imposed on imported goods and services. • All economic agents are supposed to be ______. • A tax whose amount is based on the value of a transaction. • Regional intergovernmental organization and geopolitical union in South Asia • Exchange (goods or services) for other goods or services without using money. • ...
Economics 2018-04-12
Across
- of production - is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit.
- for enterprise - The systems used within the organization. Generally refers to the primary architecture
- –A country run by absolute authority in any sphere.
- resources - the resources used to make goods and services (i.e., natural resources, human resources and capital goods.
- capital- is used simply to purchase goods and services for consumption; capital is more durable and is used to generate wealth through investment.
- especially hard physical work.
- payments- payment made or income received in which no goods or services are being paid for, such as a benefit payment or subsidy.
- sovereignty - the situation in an economy where the desires and needs of consumers control the output of producers.
- cashless economic system in which services and goods are traded at negotiated rates.
- - the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input.
- - patriotic feeling, principles, or efforts
- a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
- system- the means by which countries and governments distribute resources and trade goods and services. They are used to control the five factors of production, including: labor, capital, entrepreneurs, physical resources and information resources.
- 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 general level of prices in an economy going down.
- economy - Transactions in the underground economy are illegal either because the good or service being traded is illegal or because an otherwise licit transaction does not comply with government reporting requirements.
- is one of the three factors of production. The others are land, and labor.
- comprises all naturally occurring resources as well as geographic land. Examples include particular geographical locations, mineral deposits and forests
- economy - an economic system combining private and public enterprise
- recourses- include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory.
Down
- - political philosophy, movement, or regime that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition.
- economy - economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses.
- enterprise- business or industry that is managed by independent companies or private individuals rather than by the state.
- the activity of setting up a business or businesses, taking on financial risks in the hope of profit
- - a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
- capital- already-produced, durable goods or any non-financial asset that is used in production of goods or services
- materials- the basic material from which a product is made.
- resources- It includes patents, copyrights, franchises, goodwill, trademarks, trade names, the general interpretation also includes software
- - 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.
- land- land belonging to the British Crown. Land belonging to the state in some parts of the Commonwealth.
- debt - defined as how much a country owes to lenders outside of itself
- system- system that relies on customs, history and time-honored beliefs
- of payment accounts - the record of all economic transactions between the residents of the country and of the world in a particular period
- economy - an economy in which production, investment, prices, and incomes are determined centrally by a government.
- -a general increase in prices and fall in the purchasing value of money.
- added- the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.
36 Clues: especially hard physical work. • - patriotic feeling, principles, or efforts • –A country run by absolute authority in any sphere. • - the general level of prices in an economy going down. • materials- the basic material from which a product is made. • economy - an economic system combining private and public enterprise • ...
Economics 2020-04-28
Across
- Goods and services bought from overseas
- A company that operates in many countries with independent headquarters in each.(McDonalds)
- Organisations that make goods and services
- Final users of goods and services to satisfy their needs and wants
- Money paid at a particular rate for the money lent
- The cost of the next-best alternative opportunity
- Ability to combine all resources to make something (plan, recipe, system etc)
- Payment earned by entrepreneurs
- Place where goods and services are bought and sold.
- Basic units used to make goods and services
- The study of how people use scarce resources to satisfy needs and wants
- Basic necessities for life
- A system which allows private ownership of the factors of production
- Used to pay for goods and services
- Where actions by one party have impacts on another, particularly economically.
- Physical items used by consumer and services for a profit
Down
- Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Institution which handles money for households and firms
- Raw materials used to make goods and services (land, labour, capital & enterprise)
- Purchase of new capital
- Income flows which are added to the Circular FlowofIncomemodel (investment, govt. spending, exports)
- Equipment used to make goods and services
- Payment for use of land
- Place where factors of production are bought and sold.
- Organization with authority to make decisions for the population
- All resources provided by nature
- An organization that sells goods
- Goods and services sold overseas
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- All human effort, both physical and intellectual
- Reward for the use of resources
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
32 Clues: Purchase of new capital • Payment for use of land • Basic necessities for life • Payment earned by entrepreneurs • Reward for the use of resources • All resources provided by nature • An organization that sells goods • Goods and services sold overseas • Used to pay for goods and services • Goods and services bought from overseas • Equipment used to make goods and services • ...
Economics 2020-04-29
Across
- Raw materials used to make goods and services (land, labour, capital & enterprise)
- Organisations that make goods and services
- Physical items used by consumer and services for a profit
- Money paid at a particular rate for the money lent
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Compulsory government levy
- Payment for use of land
- Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- An organization that sells goods
- Payment per hour for labour
- Where actions by one party have impacts on another, particularly economically.
- A system which allows private ownership of the factors of production
- Used to pay for goods and services
- All resources provided by nature
- Place where factors of production are bought and sold
- Organization with authority to make decisions for the population
- Ability to combine all resources to make something (plan, recipe, system etc)
- Institution which handles money for households and firms
- Payment per year for labour
- Goods and services sold overseas
- Purchase of new capital
- Complex group of firms in many countries each producing a component of a final product.
- Goods and services bought from overseas
- An economy where people produce only enough goods and services for their own family
- Goods and services which we desire but don’t need
Down
- Payment earned by entrepreneurs
- All human effort, both physical and intellectual
- Final users of goods and services to satisfy their needs and wants
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Actions done for consumers by producers
- A company that operates in many countries with independent headquarters in each.(McDonalds)
- The study of how people use scarce resources to satisfy needs and wants
- A system where factors of production are owned by the government
- A company which operates in several countries with its headquarters in the parent country. (Apple)
- Basic necessities for life
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Equipment used to make goods and services
- Action of only doing one part of the process
- The cost of the next-best alternative opportunity
- Financial assistance given to people by the Government
- Situation where demand is greater than supply
- Basic units used to make goods and services
- Place where goods and services are bought and sold.
- Reward for the use of resources
- That part of earnings not spent
45 Clues: Payment for use of land • Purchase of new capital • Compulsory government levy • Basic necessities for life • Payment per hour for labour • Payment per year for labour • Payment earned by entrepreneurs • Reward for the use of resources • That part of earnings not spent • An organization that sells goods • All resources provided by nature • Goods and services sold overseas • ...
Economics 2020-08-30
Across
- the final market value of all goods and services produced in the economy over a given period of time
- _ is gross income less the direct taxes
- acronym of non-accelerating inflation rate of unemployment
- this rate refers to the price of the currency on international markets
- occurs when the demand for a good or service is equal to the supply of a good or service at a particular price
- _income is disposable income plus indirect government benefits provided in the form of goods and services
- the carbon tax is designed to tackle this
- output per unit of input or output over inputs
- this type of development refers to the development of a nation at a pace that does not erode the ability of future generations to enjoy the same quality of life
- total value of assets minus the total value of liabilities
- a number between zero and one providing an indication of the degree of inequality in the distribution of income
- a period of very high rates of growth in production, highest in the business cycle
- this curve plots the percentage share of total income earned on the vertical axis against each quintile(decile) on the x-axis
- total volume of goods and services available for sale in an economy in a given time frame
- _unemployment occurs where a person is unemployed due to mental, physical or other characteristics (criminal background, physical disabilities)
- _income is income from investments and other sources
- total expenditure on Australian made goods and services
- the responsiveness of demand or supply to a change in a variable such as price
- _poverty occurs when a household has a low level of income compared to a generally agreed standard (or below the Henderson line).
Down
- _rate refers to the percentage of the population 15 years and over who wish to participate in the labour force
- _unemployment refers to ‘discouraged workers’ people who are not working but are not counted as unemployed
- _line is referred to as the 45 degree line, also the line of absolute inequality
- _poverty refers to people living in a situation where they have insufficient income to purchase the basic goods and services
- _unemployment refers to a rise in unemployment due to insufficient levels of AD
- is an example of a market based approach to addressing climate changed
- _test to determine whether a person is eligible for superannuation, social welfare benefits
- a sustained increase in the general or average price level over time
- when one currency is able to purchase more of another currency, a higher Australian dollar in comparison to other currency
- the cost of borrowing money or alternatively the return offered to hose lending money
- a better measure economic growth, measure value of final good and services produced in Australia, discounted for the effects of inflation
- _unemployment occurs when a person is unemployed for that period of time while they are moving from one job to another
- _income is income, money derived from paid work through employment
- occurs when people are employed, but would like and are available to work more hours
- exports minus imports
- _tax system is one where higher income earners pay a higher percentage rate of tax compared to lower income earners
- taxes, savings and imports and examples of these
- government body in control of monetary policy
- _unemployment occurs where the skills of the unemployed do not match the skills required by the industry, or technological changes
- government spending, investment and exports and examples of these
- _household income is adjusted disposable income to take into account the size and composition of households
40 Clues: exports minus imports • _ is gross income less the direct taxes • the carbon tax is designed to tackle this • government body in control of monetary policy • output per unit of input or output over inputs • taxes, savings and imports and examples of these • _income is income from investments and other sources • total expenditure on Australian made goods and services • ...
Economics 2016-12-07
Across
- natural resource
- problem unlimited wants,limited resources
- cabinet maker
- buys goods and services
- way of presenting a product to appeal to the consumers
- fixed amount paid at yearly rate
- photocopier
- earning of a salesman
- innovative and takes risks
- the study of allocating limited resources
- a plan made by a person about how to spend available money
- consumer's earning
Down
- cost of giving up something to get the want
- inability of the economy to satisfy wants at the same time
- a teacher
- paid hourly
- businessman's way of earning
- strategies to promote a product
- goods we must have to live
- makes goods or provides services
20 Clues: a teacher • paid hourly • photocopier • cabinet maker • natural resource • consumer's earning • earning of a salesman • buys goods and services • innovative and takes risks • goods we must have to live • businessman's way of earning • strategies to promote a product • fixed amount paid at yearly rate • makes goods or provides services • problem unlimited wants,limited resources • ...
ECONOMICS 2017-03-21
Across
- type of license to allow owner to sell out at any time
- simplest business form under one can operate a business
- type of monopoly that exists as a result of the high fixed costs
- type of security that signifies ownership
- boy scouts, church
- group of producers who manipulate prices
- limit commercial use of land
- small number of firms has large majority of market share
- portion of the company's earnings
- market of a single seller
Down
- process of distinguishing a product or service from others
- agreement between competing sellers
- govt. license that allows holder to design new materials for a period of time
- marketable item produced to satisfy wants or needs
- payment to work in addition with wages
- future sacrifices of economic benefits
- rival companies cooperate
- debt investment to loan money
- something you own
- payment to the owner of the property
20 Clues: something you own • boy scouts, church • rival companies cooperate • market of a single seller • limit commercial use of land • debt investment to loan money • portion of the company's earnings • agreement between competing sellers • payment to the owner of the property • payment to work in addition with wages • future sacrifices of economic benefits • ...
ECONOMICS 2018-11-11
Across
- paribus latin phrase meaning “other things equal”
- measure of a variable’s sensitivity to a change in another variable
- consumers willingness to pay a price for a good
- process of combining various materials
- market that is dominated by only a few large firms
- income of employees
- first branch of economics
- employees
- desires
- state where supply and demand are balanced
- lack of resources
Down
- utility consumer gains from consuming one good
- opposite of equilibrium
- properties
- goods that producers are willing to provide
- necessities
- second branch of economics
- market structure characterized by single seller
- investment
- greek prefix word “mikro”
20 Clues: desires • employees • properties • investment • necessities • lack of resources • income of employees • opposite of equilibrium • first branch of economics • greek prefix word “mikro” • second branch of economics • process of combining various materials • state where supply and demand are balanced • goods that producers are willing to provide • ...
ECONOMICS 2019-03-28
Across
- This is general name for the voluntary exchange of goods and or services.
- This is a tax on imported goods and is usually designed to protect domestic production of similar goods.
- This is a restriction to regulate international commerce and business.
- This is the way in which a society deals with the production, distribution, and consumption of goods and services.Example: Market Economy, Mixed Economy, Planned Economy, etc.
- Abuja is the capital, but Lagos is its largest city.
- This is the name given to an economy that may contain market, command, and/or traditional economic systems.
- This is equipment and factories used in the production of goods and services.
- This country has three capitals- Pretoria, Bloemfontein (judicial), and Cape Town (legislative)- though Johannesburg is its largest city.
- This is the term that is used to describe the percentage of people in a country who have the ability to read and write.
- This is the social science dealing with the production, distribution, and consumption of goods and services.
- The paper money and coins- sometimes called "cash"- that make up the money supply of a nation.
Down
- This is a person who takes the risk of a new business enterprise.
- The total value of all the goods and services produced within a country in a given year
- This is the general name for an economic system characterized by a central authority which makes major economic decisions.
- This is an economy in which the government- ideally- has nothing to say about what, how, and for whom goods are produced; the factors of production are privately owned.
- This country's capital, Nairobi, is close to its southern border with Tanzania.
- This is a type of protectionist trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time.
- This is when each worker performs a specific task in production.
- Ability to obtain goods and services before payment, or money lent or made available, both with specific guidelines for repayment.
- Although it has many definitions, this is generally the act of providing funds to a financial organization for the purposes of making that organization more profitable, while earning a personal profit at the same time.
- This is the process of prohibiting commerce and trade with another country. This is often done to affect the country to change an internal policy.
21 Clues: Abuja is the capital, but Lagos is its largest city. • This is when each worker performs a specific task in production. • This is a person who takes the risk of a new business enterprise. • This is a restriction to regulate international commerce and business. • This is general name for the voluntary exchange of goods and or services. • ...
Economics 2019-05-27
Across
- an exchange of goods that if done correctly allows a country to consume outside its PPC
- type of unemployment that relates to jobs that only exist for part of the year
- fixed costs can be changed
- value of all economic activity in a year
- market for different currencies
- the maximum amount of goods a country can produce
- many firms with differentiated products
- few firms with barrier to entry
- revenue minus costs
Down
- moved by changes in resource number or chnage in technology
- the amount of people who are willing and able to work
- Moved by changing the money supply or by lowering taxes
- many firms with identical products
- type of unemployment that relates to unemployment between jobs or between education and job
- type of unemployment that relates to the changes in the business cycle
- an economist that advocated fro government intervention in the market
- The amount of happiness derived from one more unit of a good
- shows relationship between unemployment and inflation
- the increase in the price level
- Only one firm in a market
20 Clues: revenue minus costs • Only one firm in a market • fixed costs can be changed • market for different currencies • the increase in the price level • few firms with barrier to entry • many firms with identical products • many firms with differentiated products • value of all economic activity in a year • the maximum amount of goods a country can produce • ...
economics 2016-05-09
Across
- smith/considered to be the founding father of modern Economics.
- is the amount of an asset or resource that exceeds the portion that is utilized.
- IRA/ is an individual retirement plan
- decline in economic activity spread across the economy.
- measurement of "useful-ness" that a consumer obtains from any good
- floor/ is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply
- A market structure characterized by a single seller, selling a unique product in the market.
- money is currency that a government has declared to be legal tender, but is not backed by a physical commodity.
- is an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.\
- is a range of economic and social systems characterized by social ownership and democratic control of the means of production
- is a sustained increase in the general price level of goods and services in an economy over a period of time.
- worth/ s the total assets minus total outside liabilities of an individual or a company.
- faire/ a system or point of view that opposes regulation or interference by the government in economic affairs beyond the minimum necessary to allow the free enterprise system to operate according to its own laws.
Down
- is a low turning point or a local minimum of a business cycle.
- standard/A monetary system in which a country's government allows its currency unit to be freely converted into fixed amounts of gold and vice versa.
- advantage/ states that if countries specialize in producing goods where they have a lower opportunity cost – then there will be an increase in economic welfare.
- is an increase in the level of economic activity, and of the goods and services available.
- fund/ is an account that is used to set aside funds to be used in an emergency.
- is the economic policy of restraining trade between countries through methods.
- is the only global international organization dealing with the rules of trade between nations.
- is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction.
- the highest point between the end of an economic expansion and the start of a contraction in a business cycle.
- Hayek/ is well-known for his numerous contributions in the field of economics and political philosophy.
- advantage/ refers to the ability of a party (an individual, or firm, or country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.
- trade/ is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.
25 Clues: IRA/ is an individual retirement plan • decline in economic activity spread across the economy. • is a low turning point or a local minimum of a business cycle. • smith/considered to be the founding father of modern Economics. • measurement of "useful-ness" that a consumer obtains from any good • ...
Economics 2016-05-11
Across
- policy means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy
- complete control over imdustry
- a state of limited competition
- used by economists to predict future economic activity
- also known as the "the Fed"
- smooth out the effects of expansion and contraction in the business cycle by using fiscal and monetary policy
- government program guaranteeing access to some benefit by members of a specific group and based on established rights or by legislation
- international trade left to its natural course without tariffs, quotas, or other restrictions
- the less amount of money allowed to get paid when working
- an increase in the value of one currency in terms of another
- bottom point on graph
- low supply
- hands off government
- an economic system in which private business operates in competition and largely free of state control
- a political theory derived from Karl Marx
- the amount by which the cost of a country's imports exceeds the value of its exports
- an account that is used to set aside funds to be used in an emergency
- an individual retirement account
- allows business owners to measure the additional benefits of one production activity versus its costs
- measure of what an entity is worth
- an American economist and statistician best known for his strong belief in free-market capitalism
- 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 system by which the value of a currency was defined in terms of gold
Down
- situation when the price charged is more than or less than the equilibrium price
- mass production
- an index of the variation in prices paid by typical consumers for retail goods and other items
- everyone is eligible to work
- situation in which income exceeds expenditures
- advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
- restraining trade between countries through methods such as tariffs on imported goods
- measure of average income per person in a country
- only global international organization
- broadest quantitative measure of a nation's total economic activity
- if countries specialise in producing goods where they have a lower opportunity cost
- money granted to help an industry
- famous economist born in Vienna, Austria
- use of monetary or fiscal policy changes to kick start a lagging or struggling economy
- measurement of "useful-ness" that a consumer obtains from any good
- decline of progress
- resource that exceeds the portion that is utilized
- ability to produce a better quality good using the same resources
- policy macroeconomic policy laid down by the central bank
- top point on graph
- an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries
- measures how efficiently production inputs
- known for Wealth of Nations
- a situation when the price charged is more than or less than the equilibrium price
- when the demand for a product or service exceeds its supply in a market
- increase of progress
- currency that a government has declared to be legal tender, but is not backed by a physical commodity
50 Clues: low supply • mass production • top point on graph • decline of progress • hands off government • increase of progress • bottom point on graph • also known as the "the Fed" • known for Wealth of Nations • everyone is eligible to work • complete control over imdustry • a state of limited competition • an individual retirement account • money granted to help an industry • ...
Economics 2018-01-26
Across
- An economy that may contain market, command, and/or traditional economic systems
- The role of the consumer as the ruler of the market; the consumer decides what goods and services will be produced
- An economy in which the government has little to say about what, how, and fir whom goods are produced; the factors of production are privately owned
- This is the right of the government to take private property, like land, for public use
- Finished product used by an individual for personal use
- when allocating by force, goods, services, and factors of production are given or taken away under using threats
- Methods available to societies as they seek to answer for whom to produce (how resources are distributed)
- this allocation strategy can distribute the resource to the person who wins. The winning could be based on running a race, in academics, or in a test/knowledge/skill
- fairness within the economy
- the process of reducing or eliminating government regulations on an industry, allowing for more laissez-faire business practices
- economic system where the factors of production are privately owned
- health program sponsored by the United States Government that provides services to individuals and families with low incomes
- one who buys goods or services for personal use
Down
- makes businesses produce efficiently and keeps costs low
- Occur when the private market is unable to produce goods and services in a way that the marginal benefit to society from the production of the good is equal to or greater than the marginal cost to society for producing the good
- us publicly funded health insurance program for the elderly and the disabled
- This refers to rules established at some level of government for the purpose of guiding business practices, it is commonly accepted that it may increase the cost of doing business
- Economic system characterized by a central authority which makes major economic decisions
- this allocation strategy, also known as random selection, gives everyone who wants the good, service, or factor of production equal odds of obtaining it
- The negative impact of economic activity upon people who are not directly involved
- this allocation strategy allows people to receive a good, service, or a factor of production if they get to it first or are one of the people close enough to the front of the line to receive the good, service, or factor of production before there are none remaining
- Seeks to ensure that all those who are willing and able to work have the opportunity to do so
- The way in which a society deals with the production, distribution, and consumption of goods and services
- An increase in real GDP. It happens through increased investment in capital goods, himan capital, and technology
- the ability of consumers, producers, and workers to make their own decisions about consumption, production, and distribution of goods and services
- this strategy is based on the decisions of a power person or group of people who make the most of the decisions about who gets to obtain a good, seevice, or factor od production
- this is legally granted exclusive right to produce a product a process for a given period of time, usually to the inventor of that product or process
- act of providing funds to a financial organization for the purposes of making that organization more profitable, while earning a personal profit at the same time
- This strategy occurs when a group of people who have control over a good, service, or factor of production vote to decide how it will be distributed
- how well factors of production are allocated as compared to what is desired by consumers and how they are used in production to keep costs low
30 Clues: fairness within the economy • one who buys goods or services for personal use • Finished product used by an individual for personal use • makes businesses produce efficiently and keeps costs low • us publicly funded health insurance program for the elderly and the disabled • economic system where the factors of production are privately owned • ...
Economics 2020-09-10
Across
- you can go to a food ______ to buy all kinds of fresh foods
- getting products or service to the consumer is called what
- a special economy that relies on trade
- if u sell a certain item at a certain store and u sold that item for _______
- a positve reward for behaving in a certain way
- ___________ is when producing any goods or service requires land, labor, and capital
- the hard work you put in your job
- a extra or additional benefits of a certain decision
Down
- the _______ of working at subway is freesix inch sandwiches
- lansing is the ______ of michigan
- you by a plot of ___ to start a business
- a punishnment or fine for a bad behavior
- i am consuming bacon packages
- the _____ to makes this product is $10.00
- _______ is when thier a inequality exist between wants and recource availabilty
- the study of all the economy as a hole
- people who makes goods or service is called what
- to give a person something and gets something back is consider a even ____
- economy the study of individual consumers and buisness
- _______ is a social sience that studies how people , are acting indivualy and or in a group
20 Clues: i am consuming bacon packages • lansing is the ______ of michigan • the hard work you put in your job • the study of all the economy as a hole • a special economy that relies on trade • you by a plot of ___ to start a business • a punishnment or fine for a bad behavior • the _____ to makes this product is $10.00 • a positve reward for behaving in a certain way • ...
Economics 2018-11-25
Across
- able to be felt by touch
- one person's consumption does not take away from another's consumption
- bringing dissatisfaction or unhappiness
- tasks that people pay other's to do for them
- outcomes that are not intended
- most highly valued opportunity when a choice is made
- encourages or motivates a person to take action
- not able to be felt
- additional
- anything that satisfies a person's wants
- author of the wealth of nations
Down
- the science that studies the choices of people trying to satisfy their wants
- means for deciding who gets what of the available resources
- special talents some people have for searching out and taking advantage of new businesses
- all natural resources found in nature
- individuals own most of the resources and control their use
- condition in which our wants are greater than our resources
- more of one thing necessarily means less of something else
- a thing that we desire to have
- bringing happiness or satisfaction
20 Clues: additional • not able to be felt • able to be felt by touch • outcomes that are not intended • a thing that we desire to have • author of the wealth of nations • bringing happiness or satisfaction • all natural resources found in nature • bringing dissatisfaction or unhappiness • anything that satisfies a person's wants • tasks that people pay other's to do for them • ...
Economics 2018-09-27
Across
- All the natural resources (including land/space) used in the production of a good or service.
- Refers to "first world" countries, states where nearly all citizens have access to infrastructure, healthcare, clean water, and technology; little to no extreme poverty.
- Condition of being unequal (economic inequality)
- It's very difficult for people to escape poverty
- Refers to property or other assets that have no proven ownership.
- All the human labor required for the production and distribution.
- Average age of death for people in a nation.
- An increase in the capacity of an economy to produce goods and services.
- The state of owing money.
- prizes, money, or other material gain awarded for a desired behavior.
- Benefits guaranteed to an individual.
- Combined value of all goods and services bought, sold, and produced in a year.
- percent of a population that can read at a primary school level or higher.
- The use of monetary or fiscal policy changes to kickstart growth in the economy.
Down
- Quantification of the economic value of a worker's skill set.
- Also "third world" nations, these countries host a high level of extreme poverty and many citizens lack access to basic healthcare and infrastructure.
- All the man-made resources used in the production of a good or service - includes money, equipment, and partially finished goods used to produce a good or service.
- Set of factors or events by which poverty, once started, is likely to continue unless there is outside intervention.
- Measures the rate of people seeking work that are unable to find it in a giving economy.
- The term for the basic physical systems of a business or nation.
- An overall measure the well being of a person in a given nation, as a measure of their capacity for the economic growth and stability.
- Mainly free enterprise but government sets and organizes programs intended to promote economic progress and consumer safety.
- average number of children born per family in a nation.
- The creative minds (inventors) and business people who are essential to the development or improvement.
- Period of no or negative economic growth (negative GDP growth rate) that last more than six months.
25 Clues: The state of owing money. • Benefits guaranteed to an individual. • Average age of death for people in a nation. • Condition of being unequal (economic inequality) • It's very difficult for people to escape poverty • average number of children born per family in a nation. • Quantification of the economic value of a worker's skill set. • ...
Economics 2021-05-14
Across
- : A financial institution that collects deposits from the public and extends credit to businesses and households.
- : means the positive change in the production of goods and services in an economy over a given period.
- : A sharp downturn in general economic activity.
- : In economics, this refers to rivalry between several agents for the same market.
- : selling part of the production of goods or services in the other country
- : decrease in the general price level
- : Situation of a business owner who cannot pay his debts, keep his commitments.
- : a person who starts a business
- : Excess of expenditure over earnings.
Down
- : the situation of a person who wants to work and has the capacity to do so, but finds himself or herself jobless in spite of searching.
- : entry into a country of goods or services from another country
- : Also called a firm, it is an organisation whose purpose is to produce and supply goods or services to a set of customers.
- : a situation in which one supplier has an exclusive position on a product or service offered to a multitude of buyers.
- : to be prudent in spending, to set aside money for a particular purpose.
- : It is a fraction of the capital of a listed company
- : an immediate expenditure intended to increase the wealth of the person incurring it in the long term
- : periodic payment, paid by an employer to a salaried employee
- : It is a practice to record all the flows, expenses and revenues of the company.
- : the sum of a company's sales of goods or services over an accounting period.
- : Rising prices of goods and services.
20 Clues: : a person who starts a business • : decrease in the general price level • : Rising prices of goods and services. • : Excess of expenditure over earnings. • : A sharp downturn in general economic activity. • : It is a fraction of the capital of a listed company • : periodic payment, paid by an employer to a salaried employee • ...
Economics 2021-06-04
Across
- What is low inflation?
- What is it called when congress changes aggregate demand?
- Oil is an example of what in economics?
- What type of economy follows culture and history?
- Equipment is an example of what in economics?
- How do banks make their money?
- what is inflation?
- What is someone's total amount of money?
- What is the name of the place where people go to get a higher education after high school?
- What shows the different amounts of products supplied?
- What shows the demand for a product at all prices?
- when you give one thing up for another
Down
- High inflation is when inflation rate is greater than what percent?
- A shrinking economy is also called what?
- What is the measurement for the total worth of all goods and services?
- What is the willingness to buy a product?
- What is it called when a bank gives someone money in hopes that they return it?
- the idea of limited resources
- What is it called when goods or services are coming into the country?
- When you put money away and don’t spend it
- What is aggregate demand?
- What is the amount of products produced?
- Productivity is a determinant of what?
- What is the central bank of the U.S?
- What is the power to control the money supply?
25 Clues: what is inflation? • What is low inflation? • What is aggregate demand? • the idea of limited resources • How do banks make their money? • What is the central bank of the U.S? • Productivity is a determinant of what? • when you give one thing up for another • Oil is an example of what in economics? • A shrinking economy is also called what? • ...
Economics 2021-04-15
Across
- money that is owed
- businesses, place where the buying and selling of good occurs
- a person who organizes, operates, and assumers the risk to start a new business
- is an economic system in which private individuals or businesses own capital goods: the U. S. has this kind of economy
- money borrowed that must be repaid, usually with interest
- a reserve of money for unforeseen expenses or future purchases
- a person or business that supplies consumers with goods or services
- households, business, banks, and the government are examples of__________ in the U. S.
- the legislative body of a state that plays a role to collect taxes
Down
- when businesses sell the same product and work to gain consumers
- rate which is charged or paid for taking out a loan
- a place where people put their money to be used by lending it to others to buy homes, businesses, and other financial demands
- focusing on providing one kind of product or service example
- the amount a consumer is willing to pay for a good or service, influenced by supply and demand
- a plan for spending money
- a person who buys goods or services in great demand in the market
- the money people earn for work
- the final consumers of goods and services that create demand in the market
- the money remaining after the costs of a business have been paid
- exchanging goods and services
- collected from households and businesses by the government to pay for services
21 Clues: money that is owed • a plan for spending money • exchanging goods and services • the money people earn for work • rate which is charged or paid for taking out a loan • money borrowed that must be repaid, usually with interest • businesses, place where the buying and selling of good occurs • focusing on providing one kind of product or service example • ...
Economics 2021-04-06
Across
- an economic term referring to the static quantity of a good or service when its price changes
- an individual, or entity, who exchanges any good or service in return for payment
- a change in the behavior of buyers and sellers in response to a change in price for a good or service
- a thing that completes or brings to perfection
- the current price at which an asset or service can be bought or sold
- the difference between the revenue received from the sale of an output and the costs of all inputs used
- a person or thing acting or serving in place of another
- items that satisfy human wants and provide utility
- a graph showing how the demand for a commodity or service varies with changes in its price
- the part of economics concerned with single factors and the effects of individual decisions
- money received, especially on a regular basis, for work or through investments
Down
- the amount or number of a material or immaterial thing not usually estimated by spatial measurement
- the total amount of a specific good or service that is available to consumers
- a person who is buying something or who intends to buy it
- any basic, quantifiable item that creates value for a business
- Marginal Utility all else equal as consumption increases the marginal utility derived from each additional unit declines
- Of Demand a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good
- someone who creates and supplies goods or services
- a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities
- an insistent and peremptory request, made as if by right
- the item offered for sale
- the action of replacing someone or something with another person or thing
- a tabulation of the quantity of a good that all consumers in a market will purchase at a given price
- a person who buys and uses up goods
- the benefit gained from consuming one additional unit of a good or service
25 Clues: the item offered for sale • a person who buys and uses up goods • a thing that completes or brings to perfection • someone who creates and supplies goods or services • items that satisfy human wants and provide utility • a person or thing acting or serving in place of another • an insistent and peremptory request, made as if by right • ...
Economics 2024-04-27
Across
- this law establishes a minimum amount that an employer can pay a worker for one day of labor
- is a process and it exists when a group of buyers and sellers communicate to exchange goods and services
- came from nature that are used in production, including land, raw materials, and natural process
- it is the quantities of a particular good or service consumers are willing and able to buy at different possible prices
- a property form which the owner receives payment from the occupants, known as tenants, in return for occupying or using the property
- the efforts of people involved in production, including labor and entrepreneurship
- things that are often are sold or used together
- the amount of a product that is offered for sale at all possible prices in the market
- it is the captain of the industry
- is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures
- the essentials of life, such as food and shelter
- is a social science concerned with using scarce resources to obtain the maximum of the unlimited wants of society
- it is the physical and human effort exerted in production
- man-made resources used in the production of goods and services which include machineries and equipment
- this is the authoritative system wherein decision-making is centralized in the government or a planning committee
- shows how the quantity demanded of a good depends on its determinants
- businesses take loans to fund capital projects and expand their operations by purchasing fixed and long-term assets such as land, buildings, and machinery
- methods are stagnant and therefore not progressive
- under perfect competition all firms sell homogenous goods which are identical in quantity, shape. size, and color
- a state in which the supply and demand for a given good or service are in balance
- is a division of economics that is concerned with the overall performance of the entire economy
- is a market situation in which there are few (more than two) sellers
- is the art of turning an idea into a business
- the government and the economy are equal
- is a market structure in which large number of sellers sell a homogenous product at uniform price
- a table that shows the quantity demanded of a good or service at different price levels
- is the application of economic theory and econometrics in specific settings with the goal of analyzing potential outcomes
Down
- the processed materials, equipment, and buildings used in production
- it concerned with the process of setting prices of goods that is also known as Price Theory
- he described economics as study of mankind in the ordinary business life
- Between the extremes of monopoly and perfect competition
- refers to using one’s savings in a way that earns a return
- equilibrium means a state of equality or balance between market demand and market supply
- consumers buy more of a good when its price decreases and less when its price increases
- is when supply is limited
- is an asset or item acquired with the goal of generating income or appreciation
- Tendency of suppliers to offer more of a good at a higher price and less at lower prices
- refers to an increase in the value of an asset over time
- it is the specific type of oligopoly where only two producers exist in one market
- is when a good is scarce compared to its demand
- this is the most democratic form of economic system
- the limited nature of resources, which underlies the basic economic problem
- the problem of having unlimited wants, but limited resources to satisfy them
- desires for non-essential items
- form of market in which there are large numbers of sellers selling differentiated products which are similar in nature but not homogenous
- refers to the market situation where there is one seller and there is no close substitute to the commodities sold by the seller
- soil and natural resources that are found in nature and are not man-made
- it refers to the value of the best foregone alternative
- graphical representation of the relationship between the price of a good or service and the quantity
- this refers to the minimum amount of remuneration that an employer in required to pay wage earners for the work performed during a given period
50 Clues: is when supply is limited • desires for non-essential items • it is the captain of the industry • the government and the economy are equal • is the art of turning an idea into a business • things that are often are sold or used together • is when a good is scarce compared to its demand • the essentials of life, such as food and shelter • ...
Economics 2024-05-28
20 Clues: fall • gain • like • Rise • force • goods • traits • option • amount • person • reward • acronym • require • activity • quantity • rational • resources • emotional • competitive • economic problem
economics 2023-11-14
Across
- a person with temporary permission to work in another country
- output per worker or per hour worked
- a type of business often run by a board to provide a benefit to the public
- a merger between two firms involved in different stages of production join together
- a group of people whose job is to fight for an increase of wages and safer work conditions for its members
- a relationship between people or groups based on shared feelings, interest, or experience
- to obtain goods from a foreign supplier
- a demand for a commodity or service which is a consequence of the demand for something else
- business owned and operated by individuals for their shared benefit
- a business agreement by two or more individuals to share responsibilities
Down
- the practice of basing some of a company's process overseas to take advantage of lower costs
- a business owned by one person
- the state of being responsible of something
- pays a fee to the parent company for the exclusive right to sell something
- a merger between two competing companies in the same industry
- to provide someone with advantageous economic or working conditions
- the process by which education increases productivity and results in higher wages
- most complex form of business owned by individual stockholders
- gives workers the right to decide whether to join a union or not in the workplace
- wages fluctuate with respect to the demand and supply of labor
20 Clues: a business owned by one person • output per worker or per hour worked • to obtain goods from a foreign supplier • the state of being responsible of something • a person with temporary permission to work in another country • a merger between two competing companies in the same industry • most complex form of business owned by individual stockholders • ...
Economics 2023-11-13
Across
- output per worker or per hour worked.
- the exclusive authority to determine how a resource is used, whether that resource is owned by government or by individuals.
- business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.
- sum of the employed plus the unemployment
- the demand for a good or service that results from the demand for a different, or related, good or service.
- Business owned by on person
- owner licenses its operation along with products,branding,and knowledge.
- two or more individuals share responsibility,assets,profit,and financial/legal liabilities.
- merger of two or more companies that provide different supply chain functions.
- the process by which education increases productivity and results in higher wages.
- being responsible for something,especially by law
Down
- the transferring activities or ownership of a complete business process to a different country from the country (or countries) where the company receiving the services is located.
- a worker who is hired on a temporary or fixed-term contract basis to provide specific services for a specific project or period of time.
- condition or state in which economic forces are balanced.
- merger occurring between companies in the same industry.
- investor lends money to company for period of time in exchange for regular price interest.
- an unfair labor practice that occurs when a union requires an employer to pay for services they did not perform.
- semi independent business that pays fees
- the theory that the completion of college indicates to employers that a job applicant is intelligent and hard-working.
- foreign national who is permitted to live and work temporarily in a host country.
20 Clues: Business owned by on person • output per worker or per hour worked. • semi independent business that pays fees • sum of the employed plus the unemployment • being responsible for something,especially by law • merger occurring between companies in the same industry. • condition or state in which economic forces are balanced. • ...
Economics 2024-02-14
Across
- medium of exchange for goods and services
- people who buy or use goods and services to satisfy their wants
- A financial institution licensed to receive and make loans
- a market place where securities, commodities, derivatives, and others are traded
- the way total output, income, or wealth is distributed among individuals
- The large set of inter-related production, consumption, and exchange activities
- a fixed income instrument that represents a loan made by an investor to a borrower
- public availability or knowledge of something
- A product or service produced in one country but sold to a buyer abroad
- an estimate of income and expenditure for a set period of time
Down
- Exchange for other goods and services without using money
- anything that confers value or benefit to its owner such as a factory and its machinery
- an activity involving two or more firms in which each firm tries to get people to buy their goods
- A persons regular occupation, profession, or trade
- the monetary value of goods and services purchased by producers and consumers
- transaction between two parties in which one supplies money, goods, services, or securities in return for a promised future payment
- Economic concept that relates to a consumers desire to purchase goods
- Items that satisfy human wants, provide utility, or usefulness and are scarse
- an organization set up to provide help and raise money for those in need
- An advantage or profit gained from something
20 Clues: medium of exchange for goods and services • An advantage or profit gained from something • public availability or knowledge of something • A persons regular occupation, profession, or trade • Exchange for other goods and services without using money • A financial institution licensed to receive and make loans • ...
Economics 2024-02-21
Across
- a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling.
- an organization or enterprising entity engaged in commercial, industrial, or professional activities.
- a source of supply or support.
- a measure of output per worker per unit of time.
- a falling short of an essential or desirable amount or number.
- the money used to build, run, or grow a business.
- pay a lender their principal and usually interest on a loan.
- a spending plan based on income and expenses.
- is an institution where people or businesses can keep their money.
- a charge usually an exchange of goods or services by economic actors.
Down
- the sum or amount of money or its equivalent bought or sold.
- agreeing through discussion.
- to make available for use.
- a shore in the ownership of a company.
- generosity and helpfulness especially toward the needy or suffering.
- income, especially when a company and a subtatail nature.
- a proportional part or share assigned to each in a body.
- an economoy of or reduction in many, time, resources.
- all proerty that has a money value exchangeable value.
- is an act of trading goods or services between two without the use of money.
20 Clues: to make available for use. • agreeing through discussion. • a source of supply or support. • a shore in the ownership of a company. • a spending plan based on income and expenses. • a measure of output per worker per unit of time. • the money used to build, run, or grow a business. • an economoy of or reduction in many, time, resources. • ...
Economics 2024-08-16
Across
- The point at which the quantity of a good or service supplied equals the quantity demanded, leading to a stable price.
- Financial assistance given by the government to support a specific industry or reduce the cost of a product.
- The situation where people who are able and willing to work cannot find a job.
- The value of the next best alternative that you give up when you make a choice.
- The practice of spreading investments or business activities across different areas to reduce risk.
- A measure that examines the average change in prices over time that consumers pay for a basket of goods and services.
- The act of putting money into something, such as stocks, property, or a business, with the hope of earning more money in the future.
- The use of government spending and taxation to influence the economy.
- National Product The total value of all goods and services produced by a country’s residents, including those abroad, in a given period.
- Growth: The increase in a country’s production of goods and services over time, typically measured by GDP.
- A situation where a country imports more goods and services than it exports, leading to more money flowing out than coming in.
- Actions taken by a country’s central bank to control the money supply and interest rates in the economy.
- The total income a business earns from selling its goods or services before any expenses are subtracted.
- The total amount of a good or service that is available for people to buy.
- The value of ownership in an asset or company, often referring to fairness in the distribution of wealth and resources.
- A measure of how much the demand or supply of a good changes when its price changes.
- A plan for how much money will be spent and earned over a certain period, usually created by individuals, businesses, or governments.
- A tax placed on imported goods, making them more expensive, to protect domestic industries or generate revenue.
Down
- A place or system where buyers and sellers come together to exchange goods, services, or resources.
- The total value of all goods and services produced within a country in a given period, usually a year.
- A decrease in the general price level of goods and services, which can increase the value of money.
- How easily an asset can be converted into cash without losing value.
- The desire and ability of people to purchase a good or service at a certain price.
- The general increase in prices over time, meaning that money loses value because it buys less.
- The percentage charged on a loan or paid on savings, which represents the cost of borrowing money.
- The money a business has left after subtracting all its costs from its total revenue.
- A market situation where a single company or group controls all or nearly all of the supply of a product or service.
- The situation in which there are limited resources to meet unlimited wants and needs.
- Money or assets that are used to start or grow a business, such as buildings, machinery, or cash.
- The process of giving up one thing in order to gain something else, often seen in decision-making.
30 Clues: How easily an asset can be converted into cash without losing value. • The use of government spending and taxation to influence the economy. • The total amount of a good or service that is available for people to buy. • The situation where people who are able and willing to work cannot find a job. • ...
Economics 2023-02-03
Across
- division of work
- basic requirement for survival, including food, clothing, and shelter
- work or labor preformed for someone
- risk taking individual in search of profits
- measure of the amount of output of goods and services over time
- a stock or supply of money, materials, staff, and other assers that can be drawn on by a person
- meeting place or mechanism that allows buyers and sellers to come together
- ability or capacity of a good or service to be useful and give satisfaction to someone
- a good that wears out or lasts for fewer than three years when used regularly
- sum of tangible economic goods that are scarce, useful, and transferable from one person to another
- productive resources that make up the four categories of land, capital, labor, and entrepreneurs
- market where the factors of production are bought and sold
Down
- tangible economic product that is useful
- understanding someone
- monetary worth of a good or service as determined by the market
- gross domestic product
- increase in a nation's total output of goods and services over time
- fundamental economic problem of meeting people’s virtually unlimited wants with scarce resources
- good intended for final use by consumers rather than businesses
- tools,equipment, and factories used in the production of goods and services
- social science dealing with how people satisfy seemingly unlimited and competing wants with the careful use of scarce resources
- people with all their efforts, abilities and skills
- something we would like to have but is not necessary for survival
23 Clues: division of work • understanding someone • gross domestic product • work or labor preformed for someone • tangible economic product that is useful • risk taking individual in search of profits • people with all their efforts, abilities and skills • market where the factors of production are bought and sold • monetary worth of a good or service as determined by the market • ...
Economics 2023-02-14
Across
- the study of how individuals and nations makes choices about ways to use scarce resources to fulfill their needs and wants
- an economic system in which the government makes the major economic decisions
- the alternative you face when you decide to do one thing rather than another
- the price set for a good or service in the marketplace, where demand and supply are perfectly balanced
- a location or an arrangement that allows buyers and sellers to get together and buy or sell a certain product
- the amount of a good or service that producers are willing and able to sell over a range of prices
- an expense that does not change no matter how much a business produces
- the combination of all fixed and variable costs
- a person who buys goods and services
- the money a business receives from selling its goods or services
- an economic system in which the decisions of what, how, and for whom to produce are based on custom or habit
Down
- the amount of a good or service that consumers are willing and able to buy over a range of prices
- a thing that can be used-natural resources, labor, capital-to make goods or services
- situation in which supply of the good or service available is less than the demand for it
- efforts by different businesses to sell the same good or service
- an expense that changes depending on how much a business produces
- the situation of not having enough resources to satisfy all one's wants
- an economic system in which individuals and businesses own all resources and make economic decisions on the basis of price
- the cost of the next-best use of time or money when choosing to do one thing or another
- a market economy that has elements of command and tradition
- a person or business that provides goods and services
- desire individuals or nations have that can be met by getting a good or service
- situation in which the amount of a good or a service supplied by producers is greater than the amount demanded by consumers
23 Clues: a person who buys goods and services • the combination of all fixed and variable costs • a person or business that provides goods and services • a market economy that has elements of command and tradition • efforts by different businesses to sell the same good or service • the money a business receives from selling its goods or services • ...
Economics 2023-03-03
Across
- land, labor, capital, and entrepreneur
- change in total production cost
- sum of money granted by the government
- where final goods are sold
- one owner
- moving from another job
- a market that furnishes companies in exchange for monitary benefits
- people who work on a product or service
- point where price and quantity meet
- business owned by two or more people
- amount of something left over
- goal needed to be met at a specific time
Down
- graph that illustrates possible quantities
- industrial reorganization
- something cannot be obtained
- payment or income where goods and services are bring payed for
- shortage
- loss of potential gain
- balance
- unemployed at certain times of the year
- business owner
- business entity owned by sharehloders
- tax on imported goods
- benefit from an increase in a particular activity
- natural resource
25 Clues: balance • shortage • one owner • business owner • natural resource • tax on imported goods • loss of potential gain • moving from another job • industrial reorganization • where final goods are sold • something cannot be obtained • amount of something left over • change in total production cost • point where price and quantity meet • business owned by two or more people • ...
Economics 2023-05-05
Across
- when different businesses compete for consumers’ money such as Walmart v. Target or Microsoft v. Apple.
- an economic system where property and business are owned by the government. The government makes choices about producing and pricing. The consumers have no choice.
- the way people earn and spend money
- the money received in payment for goods or services (rent, wages, interest)
- the government’s job is to protect property rights.
- the founder of a business. Someone who assumes the risk of organizing resources to produce goods and services. Someone who sees an opportunity to make money and takes it.
- the money left over after all expenses are paid
- the amount the seller has to sell at a particular price
- a person who buys goods and services
- Scottish economist who came up with the idea of capitalism. He is known as the father of modern economics, wrote the Wealth of Nations, and influenced the Founding Fathers of the United States.
Down
- the things that people sell
- individuals own businesses and property rather than the government
- the name of Adam Smith’s idea of a free market economy
- an economic system where businesses and property are privately owned. The price and amount of goods traded are based on supply and demand and has little government regulation.
- the person who makes the goods
- the right to make decisions for an individual’s business or property
- people or businesses offering goods for sale
- an activity that someone is paid to perform
- the government’s right to take private property for public use as long as they pay a fair price to the owner
- what consumers are willing to buy at a given price
20 Clues: the things that people sell • the person who makes the goods • the way people earn and spend money • a person who buys goods and services • an activity that someone is paid to perform • people or businesses offering goods for sale • the money left over after all expenses are paid • what consumers are willing to buy at a given price • ...
Economics 2023-04-30
Across
- the practical application of science to commerce and industry
- a system in which people make their own decisions about how to save resources as capital and how to use their capital to produce goods and services
- the basic economic decisions are made according to long-established patterns of behavior
- combining land, labor, and capital
- the act of buying or using goods and services
- example of a mixed economy
- a system in which private individuals own the factors of production and are free to make their own choices about production, distribution, and consumption
- anything produced that is used to produce other goods and services
- renewable and nonrenewable resources
- the difference between the total cost of production and the total revenues from buyers
- to use your money to help a business get started or grow with the hope of earning a profit
Down
- the highest valued benefit given up when a choice is made
- resources are always limited compared with the number and variety of wants people have
- the resources people have for producing goods and services to satisfy their wants
- the government or a central authority owns or controls the factors of production and makes basic economic decisions
- amount
- time, energy, knowledge, and skills
- example of a command economy
- economic system that is a mixture of the three basic systems
- example of a traditional economy
20 Clues: amount • example of a mixed economy • example of a command economy • example of a traditional economy • combining land, labor, and capital • time, energy, knowledge, and skills • renewable and nonrenewable resources • the act of buying or using goods and services • the highest valued benefit given up when a choice is made • ...
Economics 2023-05-28
Across
- People with disabilities are among those eligible for medicaid if they cannot afford health care
- Price are rising too rapidly
- Consumers like you and me buy US goods and services
- Unemployment directly related to swings in the business cycle
- Unemployment caused by annual changes in the weather or other conditions that reduce the demand for jobs
- A shrinking economy producing fewer goods and services than before
- Recession and inflation together
- A negative balance after expenditures are subtracted from revenues
- Tax in which the percentage of income paid in tax is the same regardless of the level of income
- Spending for federal programs that must receive annual authorization
Down
- Federal spending authorized by law that continues without the need for annual approvals by congress
- Businesses buy goods called capital
- Most people who want a job have a job
- When economic progress a change in consumer tastes and progress especially technological change
- Bank belonging to the Federal Reserve
- Unemployment involving workers changing jobs or waiting to go to new ones
- That new or emerging industries should be protected from foreign competition
- The government also buys US-made goods and services
- A positive balance after expenditures are subtracted from revenues
- The main cause of inflation that the government creates
- The difference between the money a country put out to, and receives from, other nations when it engages in international trade
- Bank that can lend money to other banks in times of need
- An increase in prices in general
- How many dollars worth of goods and services were made in America over time
- People in other countries also buy US goods and services
25 Clues: Price are rising too rapidly • An increase in prices in general • Recession and inflation together • Businesses buy goods called capital • Most people who want a job have a job • Bank belonging to the Federal Reserve • The government also buys US-made goods and services • Consumers like you and me buy US goods and services • ...
