environmental economics Crossword Puzzles
civics and economics 2023-11-28
Across
- system of gov that requires members of parliament to make laws on behalf of majority voters
- the increasing capacity of the economy to satisfy the wants of its members. higher rate of economic growth=higher standards of living
- unemployment that results from a decrease in demand for g+s
- cost of borrowing money/return on lending money
- period of strong economic growth leading to a 'peak' associated with high GDP, inflation, and low cyclical unemployment
- process set out in section 128 of Constitution to allow for constitution to be formally altered
- system of gov where there is legislative power sharing relationship between national gov and 2+ state govs
- law making powers set out in constitution that may only be exercised by commonwealth parliament
- unemployment that results from changes to industries
- voting system which voter numbers preferences for candidates
- unemployment that results from people being in process of moving from one job to another
- unintended consequence of an economic activity experienced by unrelated third parties
- total market value of all final goods and services produced in a country during a year
- GDP that has not been adjusted for inflation
- study of large scale economic performance and growth. key macroeconomic measures=GDP, inflation, unemployment
- Electoral system in which parties gain seats in proportion to number of votes cast for them
- law making powers that remained with the state parliaments after federation
- a process that legally binds Australia to implement a treaty
- seperation of powers of government among legaslative, executive, and judicial bodies
Down
- system of government where people have power
- study of behaviour of individual participants in economy
- period of decreasing economic growth leading to a 'trough' associated with low GDP,deflation, and high unemployment
- material and non-material wellbeing
- macroeconomic policy by which government influences interest rates
- specific law making powers in constitution that may be exercised by both commonwealth and state parliaments
- compulsory contribution to state revenue
- active maintenance of truce between nations, especially by UN
- system of democratic gob where rights of individuals are protected through law
- sum of a nations GDP plut net income received from overseas
- two or more consecutive quarters of negative GDP growth
- macroeconomic model that describes flows of resources, g+s, and income between parts of economy
- a general increase in prices. Consumer price index records change in prices and rate of change=inflation
- model that shows changes in real GDP over time
- allocation of law making powers
- gov power is outlined by a constitution
- macroeconomic policy by which government adjusts its spending levels and tax rates
- % of people in labour force who are unemployed
- set of rules according to which a state is governed
- GDP that has been adjusted for inflation
39 Clues: allocation of law making powers • material and non-material wellbeing • gov power is outlined by a constitution • compulsory contribution to state revenue • GDP that has been adjusted for inflation • system of government where people have power • GDP that has not been adjusted for inflation • model that shows changes in real GDP over time • ...
Middle East Economics 2023-11-11
Across
- Investment in _______ capital is an investment made in improving an economy's labor force.
- a limit on how many goods can be made in another country and sold here.
- buy from other countries
- Social scientists who study economics. They not only study the different types of economies, but also those factors that allow for economic growth.
- In a _______ economy the government decides what goods and services are produced, how much they cost, and who gets them.
- sell to other countries
- fees or charges a government puts on goods that come from or go to other countries
- _______ economy has a low level of income per capita, a high degree of poverty, and a low degree of industrialization.
- Economic _______ is increase in the capacity for an economy to produce goods and services.
- _______ economy has high level of income per capita, a low degree of poverty and a high degree of industrialization.
- Investment in _______ capital: the building of factories, purchase of machinery, improving of infrastructure, and investment in technology serves to increase the output of goods and services resulting in more money flowing in.
- how much of a good is available
Down
- GDP per _______ is a measure of a country's economic output that accounts for its number of people.
- When a country stops buying or selling things with another country either partly or completely.
- _______ policies favor their own industries and limiting foreign competition.
- Trade _______ barriers are rules that make it harder or easier for countries to buy and sell things with each other.
- a group of producers that agree to limit their production and cooperate to raise prices.
- this means a country does something very well and makes money from it.
- measures the monetary value of nations good and services produced by that nation's economy within a specific amount of time, usually one year.
- Organization of the Petroleum Exporting Countries.
- _______ economy allows the market to drive economic decisions.
- The science of the production, distribution, and consumption of goods and services.
22 Clues: sell to other countries • buy from other countries • how much of a good is available • Organization of the Petroleum Exporting Countries. • _______ economy allows the market to drive economic decisions. • this means a country does something very well and makes money from it. • a limit on how many goods can be made in another country and sold here. • ...
Economics ABC book 2023-11-15
Across
- a severe recession that continues for a long period of time.
- when the Federal Reserve buys or sells bonds.
- the rapid increase in prices, inflation that is out of control.
- popular type of auto financing that allows you to “rent” a car from a dealership for a certain length of time and amount of miles.
- The difference between what you owe on your mortgage and what your home is currently worth.
- when an economic expansion hits a high point. The economy is BOOMING
- The Market Value of all final goods and services produced in a country in a year.
- Security that represents the ownership of a fraction of the issuing corporation. Units of stock are called "shares"
- the economy is growing and improving.
- When GDP is negative for two consecutive quarters. The economy is doing poorly.
- The percentage of unemployed workers in the total labor force.
- The money paid to a worker in return for their work.
- The market in which employers search for employees, and where employees search for jobs.
- says that too much money in the economy causes inflation. The general price level of goods and services is directly proportional to the amount of money in circulation
- Current price estimates of GDP that are obtained by expressing values of all goods and services produced in the current reporting period.
- spending by people abroad on U.S. goods and services (exports) minus spending by people in the U.S. on foreign goods and services (imports).
Down
- members of a particular organization or population who are able to work, viewed collectively.
- Central banking system of the United States of America.
- A product used to produce a final good or finished product
- a way of budgeting where your income minus your expenses equals zero.
- an index used to calculate the inflation rate.
- illustrated graph of the growth and decline of an economy as economic activity increases and decreases periodically.
- A bottom or low point. Marks the end of a recession or depression
- The Federal Reserve uses its ______________ tools to increase and decrease the MONEY SUPPLY.
- When you are unemployed because your skills don’t match the job(s) available (consumer preferences) Jobs that are permanently lost; workers skill do not match the jobs that are available or in demand
- Spending by businesses on machinery, factories, Equipment, tools, and construction of new buildings.
26 Clues: the economy is growing and improving. • when the Federal Reserve buys or sells bonds. • an index used to calculate the inflation rate. • The money paid to a worker in return for their work. • Central banking system of the United States of America. • A product used to produce a final good or finished product • ...
Economics CYOA Crossword 2024-01-30
Across
- Items usually underproduced because people can gain without paying full cost
- Expected amount of money required for an item
- R in Groom
- Individual ownership and control of resources and products
- Ideal price for buyers and sellers
- Costs or benefits of a transaction or choice that fall on people not directly involved in it
- First O in Groom
- B in Bride
Down
- M in Groom
- Amount of a good or service people are willing to buy at a certain price
- Referred to as excess supply
- Second O in Groom
- A market controlled by a few sellers
- An oiligopoly where the firms cooperate to set price and production amounts
- E in Bride
- Basically a cartel, just sounds better
- Referred to as excess demand
- D in Bride
- A market controlled by one seller
- Amount of a good or service producers are able to sell at a certain price
- Goverment takes minimal steps to correct market failures and protect rights
- I in Bride
22 Clues: M in Groom • R in Groom • E in Bride • D in Bride • I in Bride • B in Bride • First O in Groom • Second O in Groom • Referred to as excess supply • Referred to as excess demand • A market controlled by one seller • Ideal price for buyers and sellers • A market controlled by a few sellers • Basically a cartel, just sounds better • Expected amount of money required for an item • ...
Malos Economics Revision 2024-03-01
Across
- the group of people who are employed
- the study of how people and society use resources to satisfy their needs and wants
- government and legislation belonging to the commonwealth of Australia
- the exchange of goods and services among buyers and sellers
- a business who employs workers to produce goods and services
- a person who works for a business
- bringing in goods from another country
- the amount of money earned by a business after all of its expenses have been paid for
- obtaining a goods and services from outside supplier in order to reduce costs
- the cost of borrowing money from banks interest on top of the original amount borrowed from the bank
- a plan for achieving goals
Down
- the amount of money that a worker is paid based on the wok that they provide
- a person who buys things to use
- the money paid by a tenant to live in a house owners by a landlord
- sending goods to another country
- the owner of the house who leases it out to tenant in exchange for rent
- a rival business who makes products in the same market
- the skills, knowledge and effort provided by worker
- a person or business who makes and sells things for profit
- having a job that returns an income for the work provided
- the general increase in prices of goods and services
- money that the government collects from the public to pay for public goods and services
22 Clues: a plan for achieving goals • a person who buys things to use • sending goods to another country • a person who works for a business • the group of people who are employed • bringing in goods from another country • the skills, knowledge and effort provided by worker • the general increase in prices of goods and services • ...
Lesson 4 Economics 2024-03-18
Across
- Market that runs most efficiently when one large firms provides all the output
- An agreement by a formal organization of producers to coordinate prices and production
- Divide consumers into two or more groups and charge a different price to each group
- Enables a monopolistically competitive seller to profit from the differences between his or her products and competitors products
- Predator loses money each time it drives an endless series of rivals out of business
- Grants firms the right to operate a business
- When competitors cut their prices very low to win business
- A business combination similar to cartel
- Ability to control prices and total market output
- Expenses that a new business must pay before it can begin to produce and sell goods
- Gives a company exclusive rights to sell a new good or service for a specific period of time
- Monopoly created by the government
Down
- Holds a monopoly over its own particular product design
- Simplest market structure
- Refers to an agreement among members of an oligopoly to illegally set prices and production levels
- Competition through ways other than lower prices
- The government no longer decides what role each company can play in a market and how much it can charge its customers
- Characteristics that cause a producer's average cost to drop as production rises
- forms when barriers prevent firms from entering a market that has a single supplier
- Market structure fails to meet the conditions of pure competition
- Contract issued by a local authority that gives a single firm the right to sell its goods within an exclusive market
- Factors that make it difficult for new firms to enter
- Occurs when a company joins with another company to form a single firm
- If a firm controls a large share of a market, the firm will be watched closely
- Describes a market dominated by a few large, profitable firms
- Product that is considered the same no matter who makes or sells it
- An agreement among firms to sell at the same or very similar prices
27 Clues: Simplest market structure • Monopoly created by the government • A business combination similar to cartel • Grants firms the right to operate a business • Competition through ways other than lower prices • Ability to control prices and total market output • Factors that make it difficult for new firms to enter • Holds a monopoly over its own particular product design • ...
Grade 9 Economics 2024-03-19
Across
- How a country or community decides to use its resources (like money, land, and workers) to make and share things people need and want.
- When individuals or businesses try to outdo each other to be successful or to get more customers.
- Someone or a company that makes goods or provides services to sell to others.
- The amount of money you need to pay to get something.
- Illegal buying and selling of goods or services that are not allowed by the government.
- When there isn't enough of something people want or need. It's like when there aren't enough cookies for everyone to have as many as they want.
- Economy Most decisions about what to make and sell are made by people and companies based on what they think people will buy. The government doesn't control much of what happens.
- Government-run programs that provide services to people in need, like healthcare or housing assistance.
- When the government takes action to change or control something in the economy, like making rules or giving money to help.
- Programs that help people who are struggling financially, like unemployment benefits or food assistance.
- When the government owns and runs businesses or property on behalf of everyone.
- To encourage more activity or growth in the economy, often by the government spending money or making it easier for people to spend money.
- How much of something (like a toy or a service) people are willing to sell at a certain price and time.
- Something that benefits everyone in society, like clean air, parks, or roads.
- Believing that people should take care of themselves and their own interests without much help from others.
- Believes that the government should help more with things like jobs, healthcare, and education to make life fairer for everyone.
Down
- A type of company owned and operated by the government.
- When people or companies own and run businesses or property instead of the government.
- How much of something (like a toy or a service) people are willing to buy at a certain price and time.
- Believes that the government should help less and let people and companies do more things on their own to succeed.
- Money given by the government to help businesses or people with the cost of something, like farming or education.
- Believing that people should work together and share things to make life better for everyone.
- When people or groups work together to achieve a common goal.
- The things needed to make stuff: land (like forests and water), labor (people's work), and capital (tools and machines).
- Money people and businesses have to pay to the government to help pay for public services like schools and roads.
- Economy The government decides what gets made and sold and how much it costs. People and companies don't have much say in these decisions.
- Economy A mix of different ways that people and the government make decisions about what gets made and shared. Some things are decided by individuals and companies, and some things are decided by the government.
- How good or comfortable people's lives are in a certain place. It includes things like having a nice place to live, good healthcare, education, and being able to afford the things you need.
- A tax on the money people earn from their jobs or businesses.
- When one company or group controls almost all of a particular market or industry.
- When people with higher incomes pay a higher percentage of their income in taxes than people with lower incomes.
31 Clues: The amount of money you need to pay to get something. • A type of company owned and operated by the government. • When people or groups work together to achieve a common goal. • A tax on the money people earn from their jobs or businesses. • Someone or a company that makes goods or provides services to sell to others. • ...
Economics in Africa 2023-10-26
Across
- A cause of economic issues in Africa were inherited from the ____ period
- Africa is still wealthy in minerals and other ___ _____ (no spaces)
- All African countries have __ economies
- harm economies as well as people
- the lack of stable ___ is a major obstacle to economic development in Africa
- the main product exported by ___ is copper
- One of the biggest problems Africa faces today is the failure in agricultural production to keep up with the increase in ___
- Cacao, coffee, tea, and bananas are also known as __ __ (no spaces)
- Cacao from the Ivory Coast is used to make __
- Ethiopia and Kenya harvest and sell __ for worldwide consumption
- Since independence, African governments have tried to ___ their exports
- Specialization encourages __
- An agricultural problem Africa faces is the abandoning of land when using shifting agriculture, when the soil isn't left alone long enough to regain its ___
Down
- One thing that __ does is place African people in leadership positions in businesses and industries
- In 1960, Senegal's main export was __
- South Africa has a relatively stable democracy (government) but the people lack the education for __ ___ (no spaces)
- Because Africa is the poorest of the world's major regions, the people there do not receive proper ___
- many countries are too __ to treat the sick
- An effect of inherited economic problems in Africa is that the governments find it difficult to fulfill the __ _ ___ of their people (no spaces)
- The Continent of Africa produces 70% of the world's ___
- Africa is a ___-__ continent (no spaces)
- because Africa is the poorest of the world's major regions, the people there do not receive decent ___
- Countries like Gabon, Ghana, Liberia, and Cote 'd Ivoire exploit valuable trees of __
- studies estimate that ____ ___ in Cairo causes a loss of $8 Billion a year (no spaces)
- countries ___ when they specialize, or focus on making the products they are best at making
- In some remote, rural parts of Africa, economic decisions are made based on __
- Lacking machinery and/or energy supplies can be an obstacle to ___ ___ (no spaces)
- this disease hit eastern and southern Africa the hardest, and it keeps people from being able to work
28 Clues: Specialization encourages __ • harm economies as well as people • In 1960, Senegal's main export was __ • All African countries have __ economies • Africa is a ___-__ continent (no spaces) • the main product exported by ___ is copper • many countries are too __ to treat the sick • Cacao from the Ivory Coast is used to make __ • ...
Economics and business 2023-10-27
Across
- capital Initial investment for launching a business.
- economy A system where the government dictates what to produce and how.
- capital Funds for daily business operations.
- economy Prices and production are determined by supply and demand.
- sovereignty Products are based on what consumers want.
- Promoting and selling products or services.
- A person who assures to cover debts of another.
- Resources and production controlled by individuals and companies.
- market (Price system) A system where supply and demand dictate what's produced.
- Plan A document outlining the strategy and objectives of a business.
Down
- When the government has control over all resources and production.
- system The way a country manages its resources and trade.
- sovereignty Products are determined by government decisions.
- Limited resources meeting unlimited wants.
- Managing all aspects of business activity.
- Money generated from sales or services.
- Asset used as security for a loan.
- or market system System in which prices and markets guide production.
- Costs incurred in running a business.
- Control and possession of something.
20 Clues: Asset used as security for a loan. • Control and possession of something. • Costs incurred in running a business. • Money generated from sales or services. • Limited resources meeting unlimited wants. • Managing all aspects of business activity. • Promoting and selling products or services. • A person who assures to cover debts of another. • ...
Economics and business 2023-10-27
Across
- Products are determined by government decisions.
- Resources and production controlled by individuals and companies.
- The way a country manages its resources and trade.
- Costs incurred in running a business.
- A person who assures to cover debts of another.
- economy A system where the government dictates what to produce and how.
- economy Prices and production are determined by supply and demand.
- Control and possession of something.
- Initial investment for launching a business.
- Funds for daily business operations.
Down
- Products are based on what consumers want.
- A system where supply and demand dictate what's produced.
- Money generated from sales or services.
- System in which prices and markets guide production.
- Managing all aspects of business activity.
- Limited resources meeting unlimited wants.
- A document outlining the strategy and objectives of a business.
- Asset used as security for a loan.
- Promoting and selling products or services.
- When the government has control over all resources and production.
20 Clues: Asset used as security for a loan. • Control and possession of something. • Funds for daily business operations. • Costs incurred in running a business. • Money generated from sales or services. • Products are based on what consumers want. • Managing all aspects of business activity. • Limited resources meeting unlimited wants. • ...
Economics crossword puzzle 2025-06-05
Across
- What is the most common type of bank account?
- The production of goods and services is usually determined by consumers and their patterns of spending.
- An increase in the average price of goods and services.
- The law of ______ examines how customers' buying habits change when prices increase/decrease.
- funds you can use for education expenses, such as tuition, books, room and board, and other living expenses while you attend college.
- An _____ rate is calculated by applying a percentage to the amount of the principal being borrowed.
- A _____ refers to a series of stages in an economy as it expands and contracts.
- The _____ describes the process of breaking down tasks so that separate groups or individuals can carry out each task.
- How old can you be to open a bank account
- Without ______, you could get stuck with a huge bill if you have any kind of medical need, from a broken bone to a chronic illness.
- In finance, _____ represents the ownership “share” of an asset or company.
- _____ interest is calculated on the original principal amount and also on the accumulated interest of a deposit or loan.
Down
- A _____ gives you the ability to make purchases now and pay for them later.
- An increase in the quantity and quality of the economic goods and services that a society produces.
- It occurs when demand reduces, and this, in turn, produces results such as reduced prices.
- The ability to borrow money that you promise to repay with interest.
- A group of benefits paid to eligible taxpayers who are retired, disabled, or who survive a relative who was receiving benefits.
- _____ refers to a government's spending and how it affects the economy, particularly if spending levels change.
- anyone (person or business) who uses goods or services
- When a criminal steals your personal information and uses it to commit fraud.
- A branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole.
- A safe place to keep your money, and it earns you interest.
- Nonprofit organizations that are owned by their customers, who are called members.
- A summary of your education, skills, and work experience, that you submit to a potential employer in person
24 Clues: How old can you be to open a bank account • What is the most common type of bank account? • anyone (person or business) who uses goods or services • An increase in the average price of goods and services. • A safe place to keep your money, and it earns you interest. • The ability to borrow money that you promise to repay with interest. • ...
Business And Economics 2025-06-10
Across
- Who you ask for help when your consumer rights are NOT being met
- Something required for your survival
- Helping costumers when buying goods
- Another word for what is being sold
- How you use your money
- Calculating and planning what to do with your money
- Someone who advertises products
- Something to entertain you but its not needed
- I am ______ for a new bike
- What you miss out on when making a decision
- Costumers have ______
Down
- Another word for costumer
- Using your money to make more over time
- Someones occupation/profession they own or work at
- How much the producer is willing to provide
- Another word for what you buy
- SAving up for a new bike is a _____
- How much consumers want of the product
- Money paid to you from your bank for keeping your money in an account
- Person who supplies the products
20 Clues: Costumers have ______ • How you use your money • Another word for costumer • I am ______ for a new bike • Another word for what you buy • Someone who advertises products • Person who supplies the products • Helping costumers when buying goods • Another word for what is being sold • SAving up for a new bike is a _____ • Something required for your survival • ...
business and economics 2025-06-10
Across
- customer
- money the bank gives for have money in an account
- regular payment for doing work
- Consumers ability to purchase a product
- activities that a company proforms
- The right as a consumer
- a car
- shops in flemington
- The stuff you are allowed as a consumer
- something to survive
Down
- Apple
- a person who provides the product
- The cost required for something
- a boat
- Iphone
- money towards something
- The amout of goods
- what we miss out on
- Consumer comission
- Money or organization will earn
20 Clues: Apple • a car • Iphone • customer • a boat • The amout of goods • Consumer comission • what we miss out on • shops in flemington • something to survive • The right as a consumer • money towards something • regular payment for doing work • The cost required for something • Money or organization will earn • a person who provides the product • activities that a company proforms • ...
business and economics 2025-06-10
Across
- customer
- money the bank gives for have money in an account
- regular payment for doing work
- Consumers ability to purchase a product
- activities that a company proforms
- The right as a consumer
- a car
- shops in flemington
- The stuff you are allowed as a consumer
- something to survive
Down
- Apple
- a person who provides the product
- The cost required for something
- a boat
- Iphone
- money towards something
- The amout of goods
- what we miss out on
- Consumer comission
- Money or organization will earn
20 Clues: Apple • a car • Iphone • customer • a boat • The amout of goods • Consumer comission • what we miss out on • shops in flemington • something to survive • The right as a consumer • money towards something • regular payment for doing work • The cost required for something • Money or organization will earn • a person who provides the product • activities that a company proforms • ...
Economics 9 & 10 2025-12-15
Across
- opposite of offshoring
- a business who only hires union members
- operated by a group of individuals for mutual benefit.
- difference in wages earned by various groups in society
- opposite of inshoring
- Owner in general partnership
- a legal name which a business operates under.
- created for supported by donated funds or property
Down
- a business in which workers are required to join a union after being hired
- people and economies are becoming more interconnected
- active member of military are not considered part of labor force
- business owner who buys license and distributes products of franchiser
- recognition that a person is qualified in his or her field.
- someone who has an interest in or affected by company's actions
- a parent company in business franchise
- working at home or different location using phones or computers but connected with workplace
- a share of earnings paid to franchiser or to an inventor,artist for the use of that persons work
- owned by two or more co owner who share profits
- legal responsibility to repay debts and pay for damages resulting from lawsuit
- work once done within company is sent to outside contractors
20 Clues: opposite of inshoring • opposite of offshoring • Owner in general partnership • a parent company in business franchise • a business who only hires union members • a legal name which a business operates under. • owned by two or more co owner who share profits • created for supported by donated funds or property • people and economies are becoming more interconnected • ...
Economics Chapter 5 2024-05-13
Across
- Production cost that varies as output labor energy, and raw material.
- a graph showing the various quantities supplied at all possible prices that might prevail in the market at any given time.
- extra revenue from the scale of one additional unit of output.
- a period long enough for the firm to adjust the quantities of all productive resources.
- Broad category of fixed costs that include interest, rent, taxes, and exclusive salaries.
- the costs that an organization incurs even if there is little or no activity.
- Extra costs of producing one additional unit of production.
- the amount that producers bring to market at any given price.
- Principle that suppliers will normally offer more for sale at high prices and less at lower prices.
- Average price that every unit of output sells for.
- the total output produced by the firm.
- suppliers offer different amounts of products for sale at all possible prices in the market.
Down
- a measure of the way in which the quantity supplied responds to a change in price.
- Total amount earned by a firm from the scale of its products; average price of a good sold times the quantity sold.
- the change in amount offered for sale in response to a change in price.
- supply curve that shows the quantities offered at various prices by all firms that offer the product for sale in a given market.
- level of production where marginal costs are equal to marginal revenue.
- a figure that shows how total output changes when the amount of a single variable input (usually labor) changes while all other inputs are held constant.
- sum of variable costs plus fixed costs; all costs associated with production.
- a period so brief that only the amount of the variable input can be changed.
- a government payment to an individual, business, or other group to encourage or protect a certain type of economic activity.
- a listing of the various quantities of a particular product supplied at all possible prices in the market.
- the stage where output increases at a diminishing rate as more variable inputs are added.
- Production level where total costs equals total revenue production needed if the firm is to recover its costs.
- Electronic business of exchange conducted over the internet.
- the extra output or change in total product caused by adding one more unit of variable input.
- the amount of a product that would be offered for sale at all possible prices that could prevail in the market.
27 Clues: the total output produced by the firm. • Average price that every unit of output sells for. • Extra costs of producing one additional unit of production. • Electronic business of exchange conducted over the internet. • the amount that producers bring to market at any given price. • extra revenue from the scale of one additional unit of output. • ...
ECONOMICS 12/6 2024-12-11
Across
- The process whereby a firm turns economic inputs like labor, machinery, and raw materials into outputs like goods and services that consumers use
- The value of what is produced per worker, or per hour worked (sometimes called worker productivity)
- Short-lived good like food and clothing
- During the business cycle, the highest point of output before a recession begins
- Long-lasting good like a car or a refrigerator
- Exists when a nation's exports exceed its imports and it calculates them as exports – imports
- A significant decline in national output
- The process of enacting laws that protect individual and entity rights to use their property as they see fit. Laws must be clear, public, fair, and enforced, and applicable to all members of society
- A combination of invention—advances in knowledge—and innovation
- Product which is intangible (in contrast to goods) such as entertainment, healthcare, or education
- The process by which capital ages over time and therefore loses its value
- Pattern in which economies with low per capita incomes grow faster than economies with high per capita incomes
- A potential mistake to avoid in measuring GDP, in which output is counted more than once as it travels through the stages of production
- The period of rapid economic growth from 1870 onward
- Exists when a nation's imports exceed its exports and it calculates them as imports –exports
- The economic statistic actually announced at that time, not adjusted for inflation; contrast with real value
- Output provided to other businesses at an intermediate stage of production, not for final users; contrast with “final good and service”
- The economy's relatively short-term movement in and out of recession
- A component of physical capital such as roads and rail systems
- Includes all income earned: wages, profits, rent, and profit income
- GNP minus depreciation
- The widespread use of power-driven machinery and the economic and social changes that occurred in the first half of the 1800s
Down
- The rights of individuals to enter into agreements with others regarding the use of their property providing recourse through the legal system in the event of noncompliance
- The rate of growth when multiplied by a base that includes past GDP growth
- All elements that affect people’s happiness, whether people buy or sell these elements in the market or not
- The plant and equipment that firms use in production; this includes infrastructure
- Output used directly for consumption, investment, government, and trade purposes; contrast with “intermediate good”
- An economic statistic after it has been adjusted for inflation; contrast with nominal value
- GDP divided by the population
- The value of the output of all final goods and services produced within a country in a year
- An increase by society in the average level of physical and/or human capital per person
- Includes what is produced domestically and what is produced by domestic labor and business abroad in a year
- Area of a country, usually with access to a port where, among other benefits, the government does not tax trade
- The price of one currency in terms of another currency
- The process whereby an economy as a whole turns economic inputs such as human capital, physical capital, and technology into output measured as GDP per capita
- Advances in knowledge
- During the business cycle, the lowest point of output in a recession, before a recovery
- Building used as residence, factory, office building, retail store, or for other purposes
- Good that has been produced, but not yet been sold
- Putting advances in knowledge to use in a new product or service
- Gap between exports and imports
- All the ways in which existing inputs produce more or higher quality, as well as different and altogether new products
- An especially lengthy and deep decline in output
- The accumulated skills and education of workers
44 Clues: Advances in knowledge • GNP minus depreciation • GDP divided by the population • Gap between exports and imports • Short-lived good like food and clothing • A significant decline in national output • Long-lasting good like a car or a refrigerator • The accumulated skills and education of workers • An especially lengthy and deep decline in output • ...
Economics Crossword Puzzle 2024-11-21
Across
- The movement of jobs to foreign nations with lower labor costs
- The system where production is controlled by private owners for profit
- Goods and services bought by one country from another
- An economic system blending private ownership with significant government control
- A trade agreement that allows goods to flow across borders with minimal restrictions
- A global organization that oversees trade agreements and resolves disputes
- A measure of the total economic output of a nation
- The institution responsible for managing a country's money supply and monetary policy
- The reliance of countries on goods, services, and markets of other nations
- The natural resources, labor, and capital available to a country
Down
- An economic system prioritizing equality and public ownership of resources
- When a country sells goods abroad at a price lower than domestic production costs
- The primary economic system in which the government has control over production and pricing.
- An economic principle emphasizing minimal government interference in markets
- The practice of a country specializing in producing certain goods more efficiently
- The value of one nation’s currency compared to another’s
- Economic theory focusing on supply and demand within a free market
- A global financial institution that provides loans to developing countries
- When a country’s imports exceed its exports, it has a trade ________
- A tax placed on imports to protect domestic industries
20 Clues: A measure of the total economic output of a nation • Goods and services bought by one country from another • A tax placed on imports to protect domestic industries • The value of one nation’s currency compared to another’s • The movement of jobs to foreign nations with lower labor costs • The natural resources, labor, and capital available to a country • ...
Applied Economics 12 2024-11-28
Across
- The original sum of money invested or loaned, before interest or other charges.
- A tax levied by governments on individuals’ or businesses’ earnings.
- The actual rate of interest earned or paid on a loan or investment after accounting for the effect of compounding.
- A market structure where numerous small firms sell identical products, and no single firm can influence the market price. There are no barriers to entry or exit.
- The stated interest rate on a loan or investment, without adjusting for inflation.
- A type of digital or virtual currency that uses cryptography for security, making it difficult to counterfeit or double-spend.
- The rate at which the general level of prices for goods and services rises, leading to a decrease in purchasing power.
- Banks that provide services directly to individuals, including checking and savings accounts, personal loans, and mortgages.
- A simplified representation of an economic process or system used to analyze and predict economic behavior.
- A market structure dominated by a few large firms, where each firm has significant influence over the market.
- A payment made by a tenant to a landlord for the use of land or property.
- A situation where the quantity demanded of a good remains unchanged regardless of the price change.
- Investment funds that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.
- A term used to describe a situation where the quantity demanded of a good changes significantly in response to a price change.
- Mandatory contributions levied on individuals or businesses by a government to fund public expenditures.
- The increase in the value of an asset over time, often due to market demand or improvements in the asset's condition.
- A situation where any small change in price results in an infinite change in the quantity demanded.
- The percentage charged on a loan or paid on an investment over a period of time.
- Goods that are used in the production of other goods, not sold directly to consumers.
Down
- The process of distinguishing a product or service from others to make it more attractive to a particular target market.
- (PPF): A curve that shows the maximum feasible amount of two goods that an economy can produce given its resources and technology.
- A situation where the quantity demanded of a good changes very little in response to a price change.
- Banks that primarily serve businesses and corporations, providing services like business loans, treasury management, and cash management.
- A market structure characterized by many firms offering differentiated products that are not perfect substitutes.
- A compensation system where employees are paid different rates depending on certain factors such as experience or position.
- A situation where the quantity demanded of a good changes exactly in proportion to the price change.
- Financial institutions that accept deposits from the public, offer loans, and provide other financial services.
- The value of access to specific geographic areas, often used in property or real estate valuation.
- A good for which demand increases as income rises, and decreases as income falls.
- A good that is used in conjunction with another good, such as printers and ink.
- Securities that represent ownership in a corporation and constitute a claim on part of the corporation’s assets and earnings.
- A tax on an individual’s salary or income, typically withheld by an employer.
- A good for which demand decreases as income rises, and increases as income falls.
- A tax on specific goods, often imposed on products like alcohol, tobacco, and gasoline.
- The allocation of resources (such as money or capital) into assets or projects that are expected to generate income or appreciation over time.
- Goods that are produced and consumed by the end consumer, not used to produce other goods.
- An agreement between firms to fix prices or limit competition in order to achieve a favorable market outcome.
- A market structure where a single firm dominates the market and has significant control over prices and supply.
- A tax on the value of real estate or personal property, typically levied by local governments.
- The responsiveness of the quantity demanded for one good to a change in the price of another good.
- A measure of how much the quantity demanded of a good changes in response to a change in price.
- The organizational characteristics of a market, including the number of firms, product differentiation, and the level of competition.
- The lowest legal wage that an employer can pay an employee, often set by the government.
- The total income generated by a business from the sale of goods or services.
- Items that are purchased for investment purposes, often for their rarity, condition, or historical value, like art, coins, or antiques.
- A tax imposed on the transfer of property by gift or donation.
46 Clues: A tax imposed on the transfer of property by gift or donation. • A tax levied by governments on individuals’ or businesses’ earnings. • A payment made by a tenant to a landlord for the use of land or property. • The total income generated by a business from the sale of goods or services. • ...
Introduction to Economics 2024-04-18
Across
- meaning that the government becomes involved with the workings of markets.
- development, meaning 'Development which meets the needs of the present without compromising the ability of future generations to meet their own needs'
- of productions, inputs (land, labour, capital, entrepreneurship) used to produce goods and services.
- good, Any good that is not scarce, therefore has a zero opportunity cost.
- economic decision-makers interact with and depend on each other; arises from the fact that no one is self-sufficient.
- study of choices leading to the best possible use of scarce resources in order to best satisfy unlimited human needs and wants.
- well-being, levels of prosperity, economic satisfaction and standards of living among the members of a society.
- capital', skills, abilities, knowledge and levels of good health acquired by people
- "Involves making the best possible use of scarce resources to avoid waste
- not enough to produce everything that human beings need and want.
- includes the physical and mental effort that people contribute to the production of goods and services.
Down
- capital', including machinery, tools, equipment, buildings, etc.
- ,which itself has been produced (it does not occur naturally)
- condition of being fair or just
- includes all natural resources: land and agricultural land, as well as everything that is under or above the land,
- cost, value of the next best alternative that must be given up or sacrificed in order to obtain something else.
- examines the economy as a whole by use of aggregates, total income and output of the entire economy as well as total employment and the general price level.
- examines the behaviour of individual decision making units, consumers and firms
- ability of the environment and the economy to continue to produce and satisfy needs and wants into the future for future generations
- organises the other three factors of production (land, labour and capital) and takes on the risks of success or failure of a business.
- sciences, studies human society and social relationships, concerned with discovering general principles describing how societies function and are organised
- selecting among alternatives, due to the scarcity of resources.
22 Clues: condition of being fair or just • ,which itself has been produced (it does not occur naturally) • selecting among alternatives, due to the scarcity of resources. • capital', including machinery, tools, equipment, buildings, etc. • not enough to produce everything that human beings need and want. • ...
Economics Test Review 2025-01-15
Across
- Amount of money one country owes another
- An economy that represents more than one kind of system
- Main cause is reduced demand for goods and services
- Largest USA trade imbalance
- Economic resources also known as the factors of
- Goods and services sold to other countries
- Rapidly falling GDP and business failures
- The starting age for the labor force
- Items bought from other countries
Down
- Production output compared to input
- How a nation decides to allocate resources
- Advantage when a country specializes in a product over other countries
- The economist who wrote Wealth of Nations
- When tax revenue exceeds expenses you have a _______ surplus.
- Human Resources aka
- When the amount a country imports is more than it exports you have a trade _________.
- Dollar value of final goods and services
- Period in which demand begins decreasing
- There are ______ cycles in the business cycle
- "Survival of the Fittest" economic system
20 Clues: Human Resources aka • Largest USA trade imbalance • Items bought from other countries • Production output compared to input • The starting age for the labor force • Amount of money one country owes another • Dollar value of final goods and services • Period in which demand begins decreasing • The economist who wrote Wealth of Nations • ...
Economics Vocabulary Crossword 2024-11-26
Across
- The physical capital that supports a society’s activities- roads, power lines, water facilities, schools
- The study of how people and societies use limited resources to satisfy unlimited wants
- One in which allocation of resources is determined by free operation and supply and demand
- The quantity of a product or service offered for sale at a particular price
- The status of a budget in which revenue is greater than expenditures
- The total value of all goods and services produced by a national economy in a year
- Ease with which a savings vehicle can be turned into cash
- The percentage cost of credit on a purchase, on a yearly basis
Down
- A government’s policy of not interfering with its nation’s economy
- An economic system where decisions to allocate resources are made by the government
- Market situation in which there is only one seller of a particular good or service
- Ban on importing goods
- Tax on imports
- Business monopoly of the 19th century, control of the firm was in the hands of trustees
- An economic system in which most resources for production are privately owned, and decisions are made by individuals and business firms
- The total of all money owed by the federal government
- A contraction in economic activity that lasts at least six months
- The measurement of GDP in dollars of a base year
- Machines, tools, buildings, and other things used to produce goods and services
- The quantity of a product or service that would be purchased at a particular price
- One who buys goods and services for personal use
- Economic practice of the 16-18 century where a nation’s wealth is measured by its stock of gold and silver
- A general rise in prices
- A plan for dealing with future income and expenses
- A place where goods and services are bought and sold
25 Clues: Tax on imports • Ban on importing goods • A general rise in prices • The measurement of GDP in dollars of a base year • One who buys goods and services for personal use • A plan for dealing with future income and expenses • A place where goods and services are bought and sold • The total of all money owed by the federal government • ...
Unit 8. Economics. 2025-04-10
Across
- To take money temporarily
- Sum of money given for something
- Economic decline
- Person who puts money into businesses
- Money spent by a company
- To have enough money to buy something
- Desire for a product/service
- State of extreme poorness
- Person who buys goods/services
- Abundance of resources
- To handle money wisely
- Having a duty to deal with
- Money owed to others
- Influencing element
- Something bought
Down
- Borrowed sum of money
- Worth much money
- Assistance provided
- Money paid as punishment
- Profit from investment
- Percentage charged for borrowing
- Number out of 100
- Qualified expert
- General direction of change
- Company's income
- Place to buy/sell goods
- Give support/confidence
27 Clues: Worth much money • Economic decline • Qualified expert • Company's income • Something bought • Number out of 100 • Assistance provided • Influencing element • Money owed to others • Borrowed sum of money • Profit from investment • Abundance of resources • To handle money wisely • Place to buy/sell goods • Give support/confidence • Money paid as punishment • Money spent by a company • ...
Learning About Economics 2025-04-03
Across
- things you must have to survive
- the number of people that want or need something
- being dependent on others to produce the things you don't produce yourself
- you trade your time and effort for money
- used to create demand for a particular product
- exchanging one good or service for something else
- things you would like to have but aren't necessary to live
- to send goods or services somewhere else
- to bring in goods or services from somewhere else
- making one kind of good or providing one kind of service
- someone who makes a good or provides a service
- when you don't have enough of the thing you want
- someone who buys goods or services
Down
- anything that is needed to produce goods and services
- to remove your money from the bank
- an activity we pay someone else to do for us
- another word that means to buy
- to wait to spend money
- money earned from leaving money in the bank
- requires you to make a choice
- things you buy that you can hold with your hand
- the amount of something that is available
- to place money in a bank
23 Clues: to wait to spend money • to place money in a bank • requires you to make a choice • another word that means to buy • things you must have to survive • to remove your money from the bank • someone who buys goods or services • you trade your time and effort for money • to send goods or services somewhere else • the amount of something that is available • ...
Government and Economics 2024-10-17
Across
- A small group of people leads the government.
- Representatives of groups that seek to influence laws and policies.
- One person leads the government and his word is final.
- A period of time and elected official serves for.
- Groups of congressmen brought together to study/investigate a bill.
- The majority of members in a house needed to conduct business.
- The collective term for America's two legislative bodies.
- The first paragraph of the Constitution.
- A technique used to prevent a vote in the Senate.
Down
- A congressman/woman serving in the House of Representatives.
- A King or Queen leads the government.
- How the president indirectly rejects a bill.
- The most common form of proposed legislation. If passed, becomes a law.
- How the president rejects a bill.
- A movement exalting human reason as the best basis for understanding.
- The first government system of the U.S.
- The practice of drawing oddly-shaped district lines for political advantage.
- A government of all the people who take part in passing laws and other aspects of government.
- Voting citizens have sovereignty in the government.
- A congressman/woman serving in the Senate.
20 Clues: How the president rejects a bill. • A King or Queen leads the government. • The first government system of the U.S. • The first paragraph of the Constitution. • A congressman/woman serving in the Senate. • How the president indirectly rejects a bill. • A small group of people leads the government. • A period of time and elected official serves for. • ...
Basic micro economics 2024-08-23
Across
- it represents the satisfaction or pleasure derived from consuming goods and services.
- it measures the how much the quantity demanded or supplied responds to price changes.
- this greek word refers to system or management
- isa market strcture where one firmcontrols the entire market supply of a good or service.
- price the quantity demanded eqauls the quantity supplied.
- this greek word means household
- buys products and sell resources
- refers to foregone value of the next best alternative.
- refers to the market scenario where multiple firms offer similar products,driving prices down.
- this can replaced another good.
- this is a difference between what producers receive and the minimum they are willing to accept.
Down
- father of economics
- individual decision
- buys resources and sell products
- this is used together with another goood, such as printers and ink.
- the compensation for labor redered is called
- the person who manages all the factors of production.
- creation of firms by an output
- cost or benefits of a transaction that affect third paties not involved in the transaction.
- one whose demand decreases as consumer income rises.
- service consumers are willing to purchase at a given price.
- service that producers are willing to sell at a given price.
- economy as a whole
- anything that has functional value
- owned by the states
- one whose demand increases as concumer income rises.
- this is the production toward satisfaction of human needs and wants.
- man-made goods used in productio of other goods and services.
- involves sacrificin one good ot service for nother when resources are limited.
- limited resources
30 Clues: limited resources • economy as a whole • father of economics • individual decision • owned by the states • creation of firms by an output • this greek word means household • this can replaced another good. • buys resources and sell products • buys products and sell resources • anything that has functional value • the compensation for labor redered is called • ...
Economics unit 1 2024-08-22
Across
- The simple state of supply outweighing demand
- Condition where the quantity of a product or service demanded is greater than the quantity supplied at the market price
- An economic system where two forces, known as supply and demand, direct the production of goods and services, they are not controlled by a central authority (like a government) and are instead based on voluntary exchange.
- An economic system where a centralized government controls the means of production and determines output levels
- The willingness and ability of a consumer to buy goods and services at a specific price.
- A significant decline in economic activity spread across the economy, lasting more than a few months.
- The phase of the business cycle where real gross domestic product (real GDP) grows for two or more consecutive quarters, moving from a trough to a peak
- rate The percentage of an amount of money that is paid for its use over a period of time.
- The number of products that a producer or seller is willing and capable to provide to buyers
- Financial motivations for people to take certain actions
- The month in which a variety of economic indicators reach their highest level, followed by a significant decline in economic activity
- A system that relies on customs, history, and time-honored beliefs
- An economic system that combines the elements of a market economy and the elements of a command economy
- People who buy or use goods and services
- A branch of economics that studies the behavior of an overall economy, which encompasses markets, businesses, consumers, and governments
- Attempts to use monetary policy or fiscal policy (or stabilization policy in general) to stimulate the economy
Down
- A model demonstrates how money moves from producers to households and back again in an endless loop
- Of or relating to money or to the mechanisms by which it is supplied to and circulates in the economy
- A market structure that consists of a small number of firms, who together have substantial influence over a certain industry or market
- Money or benefits lost by not selecting a particular option during the decision-making process
- The resources people use to produce goods and services
- Faire An economic philosophy of free-market capitalism that opposes government intervention
- The share of the labor force that is without work but available for and seeking employment
- A stage in the business cycle where activity is bottoming, or where prices are bottoming, before a rise
- Money earned after taking explicit and implicit costs into account
- A market structure that consists of a single seller or producer and no close substitutes
- Demand for a good/service is higher than its availability
- Relating to government revenue, especially taxes
- An activity involving two or more firms, in which each firm tries to get people to buy its own goods in preference to the other firm’s goods
- An action that involves a sacrifice that must be made to obtain a desired product or experience
- A branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms
31 Clues: People who buy or use goods and services • The simple state of supply outweighing demand • Relating to government revenue, especially taxes • The resources people use to produce goods and services • Financial motivations for people to take certain actions • Demand for a good/service is higher than its availability • ...
Economics of Europe 2024-11-14
Across
- Political and economic union of 27 European countries that promotes democratic values and a single market
- To go up, become a higher/larger number.
- The people who make purchases.
- Percentage of people over the age of 15 who can read and write.
- Total value of goods and services produced in a nation in one year.
- An economic system that involves businesses and consumers answering the economic decisions.
- To farm to produce only enough to survive, not producing enough to sell.for an item, rather than in exchange for currency.
- An economic system that involves custom and past ways of doing things answering the economic questions.
- One of the factors of economic growth, paying to upgrade factories and machinery.
- One of the factors of economic growth, business owners risk their own income to start a new business.
- An economic system that involves the government responding to the economic questions.
Down
- To be in a state of short supply.
- Converting one nation's currency into that of another.
- A trade barrier, a limit on imported goods.
- One of the factors of economic growth, paying for training and education for workers.
- A trade barrier, a tax on imported goods.
- One of the factors of economic growth, naturally occurring things in nature.
- To focus on the narrow range of production where you will be successful. Based on skill, or available resources.
- The measure of the quality of life in a nation.
- The people who make the product.
- To go down, become a lower/smaller number.
- An economic system that involves the government, businesses, and consumers to work together to answer the economic questions.
- A trade barrier, a ban on imported goods OR on trade with a specific nation. Often called a sanction.
23 Clues: The people who make purchases. • The people who make the product. • To be in a state of short supply. • To go up, become a higher/larger number. • A trade barrier, a tax on imported goods. • To go down, become a lower/smaller number. • A trade barrier, a limit on imported goods. • The measure of the quality of life in a nation. • ...
economics crossword puzzle 2025-08-10
Across
- Lugar kung saan nagaganap ang transaksyon
- Bayad sa paggamit ng pera
- Ahensiya ng pamahalaan na nagreregula sa kalakalan
- Mga produkto o serbisyong may limitadong supply
- Ang pagpapalitan ng isang bagay para sa isa pa
- Ang kita ng isang indibidwal o negosyo
- Ang kita ng negosyo matapos ibabawas ang lahat ng gastos
- Pampasigla o motibasyon para kumilos
- Ang pinagmulan ng salitang "ekonomiks"
- Ahensiyang nagbabantay sa kalidad ng pagkain at gamot
- Mga bagay na natural na sagana sa kalikasan
- Bayad sa paggamit ng lupa o ari-arian
- Mga bagay na inaasahan sa hinaharap
- Ang halaga ng isang produkto o serbisyo
- Sistema kung saan ang pamahalaan ang gumagawa ng desisyon
Down
- Tradisyonal na sistema ng ekonomiya
- Ang pinakamainam na paggamit ng mga pinagkukunang-yaman
- Ang pagtugon sa reklamo ng mamimili
- Ang halaga ng isang bagay na isinakripisyo kapag pumili ng alternatibo
- Mga bagay na kailangan para mabuhay
- Uri ng ekonomiya na pinaghahaluan ng pribado at pamahalaan
- Pagbabago sa kabuuang halaga kapag nagdagdag ng isang yunit
- ang sistema ng pamamahagi ng mga limitadong pinagkukunang-yaman
- Pagbabayad para sa paggawa ng isang manggagawa
24 Clues: Bayad sa paggamit ng pera • Tradisyonal na sistema ng ekonomiya • Ang pagtugon sa reklamo ng mamimili • Mga bagay na kailangan para mabuhay • Mga bagay na inaasahan sa hinaharap • Pampasigla o motibasyon para kumilos • Bayad sa paggamit ng lupa o ari-arian • Ang kita ng isang indibidwal o negosyo • Ang pinagmulan ng salitang "ekonomiks" • ...
Economics Vocab Review 2025-12-03
Across
- Looking for items that are similar to the one you want to buy
- When a product is easy to find, price goes down
- Something that can be used to make a product or improve production capacity
- rivalry between two different companies
- The work people do to make money
- The person who has the idea to make a product or service, the person who starts a business
- the amount of a product that consumers are willing and able to buy
- The total amount of things a person or group can produce
- A limited amount of money that someone earns for their job
- A plan for how much money to spend
- Money credit card companies charge you if you do not pay your bill in full
- A natural resource used to make a product
- The workers/people that make a product
Down
- Tools/machines needed to make a product
- the person who buys the service or product
- When a product is hard to find, price goes up
- A person who needs to hire someone
- What a person gives up by choosing one item over another
- the person that is making the product or service
- When companies focus on doing one the very well instead of many products or services
- the total amount of a product that is available for sale
- money that is paid to the government
- Someone who has an idea and starts a business
23 Clues: The work people do to make money • A person who needs to hire someone • A plan for how much money to spend • money that is paid to the government • The workers/people that make a product • Tools/machines needed to make a product • rivalry between two different companies • A natural resource used to make a product • the person who buys the service or product • ...
Economics Unit 2 2025-08-27
Across
- No rivals nearby to compete.
- A single seller dominates the entire market.
- Side perks that come with the main benefit.
- Most competitive type of market.
- One firm holds all the tech or rights.
- Where trade happens in secret or against the law.
- Government limits how much you can buy.
- What you give up when you choose one option over another
- Sellers respond quickly to price changes.
- Costs directly linked to the production of a good or service
- Government-imposed price cap.
- Too many buyers, not enough goods.
- You buy it no matter the price—necessities, for example.
- Quantity offered stays steady no matter the price.
- Buyers change habits a lot when prices rise or fall.
- Immediate and measurable positive results.
- Can’t set its own prices—just follows the market.
- Non-physical costs like loss of reputation
Down
- Many sellers, slightly different products.
- Costs not directly traceable to a product (e.g., utilities)
- One firm runs it best—usually due to infrastructure.
- A decision-making tool that weighs pros and cons.
- The lowest legal price you can charge.
- Edges that help beat the competition.
- Only Uncle Sam gets to sell it.
- Competing without changing the price.
- Unseen gains like goodwill or job satisfaction.
- Has control over what it charges.
- Too much product, not enough buyers.
- Just a few companies control most of the market.
- Costs that do not change with the level of production
- Costs that rise as you produce more goods
32 Clues: No rivals nearby to compete. • Government-imposed price cap. • Only Uncle Sam gets to sell it. • Most competitive type of market. • Has control over what it charges. • Too many buyers, not enough goods. • Too much product, not enough buyers. • Edges that help beat the competition. • Competing without changing the price. • One firm holds all the tech or rights. • ...
Economics Crossword Puzzle 2025-11-04
Across
- What was his work about?
- What is Adam Smith known for?
- Where did John M. Keynes get an education?
- Adam Smith is the father of what?
- Where was the World Bank and International Monetary Fund established?
- What did John M. Keynes inspire?
- What year did John M. Keynes die?
- Where did Adam Smith teach?
- How long did Adam Smith live for?
- What is John M. Keynes known for?
- On what did Adam Smith's ideas rest on?
- Where did Adam Smith go to school?
- Until the Great Depression, John M. Keynes was considered a what?
- What happened during World War II?
- What year was Adam Smith's book released?
- What did Adam Smith criticize?
Down
- Why did Adam Smith believe that markets function best with social systems?
- How is the ideal economic system shaped?
- Where was John M. Keynes from?
- After the war what was John M. Keynes?
- What examples did Adam Smith use to critique economic theory?
- How do people improve the economy and general welfare?
- What book did Adam Smith write?
- What caused shifts in the business cycle?
- What did John M. Keynes write?
- What year was John M. Keynes born?
- What did Adam Smith elevate?
- When was John M. Keynes final work?
- What did Adam Smith believe in?
- What was his book about?
30 Clues: What was his work about? • What was his book about? • Where did Adam Smith teach? • What did Adam Smith elevate? • What is Adam Smith known for? • Where was John M. Keynes from? • What did John M. Keynes write? • What did Adam Smith criticize? • What book did Adam Smith write? • What did Adam Smith believe in? • What did John M. Keynes inspire? • Adam Smith is the father of what? • ...
Economics Unit 1 2025-12-12
Across
- rivalry among producers of similar products
- social programs to ease risks beyond an individual's control
- wise use of resources
- the one alternative that you are missing out on when you make a decision
- sometimes designated as the fifth factor of production
- visual representation of the maximum combination of goods/services that can be produced from available resources
- natural resouces needed to produce a good/service
- study of how individuals/societies make decisions to fulfill our needs and wants
- previously manufactured goods to produce a good/service
- condition of not being able to have all goods/services you need/want because they exceed your resources at any given time
- level of importance to you
- anything from land to baseball cards
- all possibilities to exchange for a good/service
- economic system that the government controls the factors of production
- indiduals succeed or fail by their choices
Down
- unit of transaction
- right to pursue business opportunities
- one's willingness to risk going into business
- sellers desire to make money
- using legislative measures so economic policies benefit all fairly
- someone who studies a nation's activity of production, distribution, and use of goods/services
- what is physically lost in a transaction
- economic system that relies on custom
- anagram for how we make decisions
- economic system driven by individual decisions
- material well-being of a group or individual
- human effort
27 Clues: human effort • unit of transaction • wise use of resources • level of importance to you • sellers desire to make money • anagram for how we make decisions • anything from land to baseball cards • economic system that relies on custom • right to pursue business opportunities • what is physically lost in a transaction • indiduals succeed or fail by their choices • ...
Economics | Sub Day 2026-04-02
Across
- A place where buyers and sellers meet
- Items people buy or use
- Money plan for spending and saving
- Things people must have to live
- Money earned from work
- Money paid to the government
- Money paid for doing work
- Borrowed money that must be paid back
- Money lost when costs are greater than earnings
- Money kept for future use
- The amount of money something costs
- A person who buys goods or services
- A decision between two or more options
- Work a person does to earn money
- The amount of a product available
- Money owed to someone else
- The buying and selling of goods or services
- A place where people keep money
- Cost What you give up when making a choice
Down
- Things people would like to have but do not need
- Money left after costs are paid
- A person or company that makes goods
- A company that sells goods or services
- A person who sells goods or services
- Work that someone does for others
- Not having enough of something
- Something used to make goods or services
- The way money, goods, and services move in a country
- The amount of a product people want to buy
- A person who purchases goods or services
30 Clues: Money earned from work • Items people buy or use • Money paid for doing work • Money kept for future use • Money owed to someone else • Money paid to the government • Not having enough of something • Money left after costs are paid • Things people must have to live • A place where people keep money • Work a person does to earn money • Work that someone does for others • ...
Economics Semester 2 2026-05-15
Across
- society not having enough resources to produce all the things people would like to have
- market structure with only one seller of a particular product
- excess supply
- very responsive to price changes
- desire to own something and ability to pay for it
- one additional unit
- struggle among sellers to attract consumers with the best products at lowest prices
- private citizens own and use the factors of production in order to generate profits
- monetary value of a product
- grant of funds from the government
- goods that consumers demand more of when their income increases
- work or labor
- capacity to be useful and give satisfaction
- able to absorb unexpected shocks
- fuel created from living material
Down
- relatively unresponsive to price changes
- exclusive right of authors or artists to publish their work for their lifetime plus 70 years
- another name for spillover effect
- federal health insurance program for senior citizens
- excess demand
- Risk taking individual in a search of profits
- tangible product
- goods used in place of one another
- legal document that pledges ownership of a home to a lender as security for repayment of borrowed money
- group of firms that produce identical or similar products
25 Clues: excess supply • excess demand • work or labor • tangible product • one additional unit • monetary value of a product • very responsive to price changes • able to absorb unexpected shocks • another name for spillover effect • fuel created from living material • goods used in place of one another • grant of funds from the government • relatively unresponsive to price changes • ...
Economics Final Crossword 2026-05-27
Across
- acronym for how we make decisions
- factor of production defined by all natural resources
- portion of a business's profits paid out to shareholders
- one of the 4 P's that deals with the utility of a good/service
- law that deals with consumer's willingness and ability to purchase a good/service
- how the Federal Reserve acts to influence the economy
- part of GDP that calculates the difference between a country's goods being sold to other countries and goods being bought by the country
- point where supply and demand meet
- largest component of GDP, dealing with the purchasing of household goods (both durable and non-durable)
- acronym for gross domestic product
- the next best choice we don't make when deciding how to use a resource (i.e. missing out on sleeping in becasue you came to school)
- process that unions and management negotiate a contract
- business that is a legal entity owned by stockholders
- principle that says we will never be able to satisfy all of our wants and needs
- one of the 4 P's that advertising is a part of
- part of GDP that counts spending by businesses on capital goods
- factor of production that refers to those willing to take a risk to start a business
- what is physically lost in a transaction (time, money, etc.)
- study of decision-making in small units, such as households and businesses
- things that are often bought and used together (i.e. hot dogs and hot dog buns)
- purchases that last for a relatively long time
- a business might offer a product into the market at a lower price than similar products
Down
- portion of GDP that would include spending on infrastructure and education
- study of economic behavior and decision-making in a nation's whole economy
- unit of ownership of a business
- price paid for the use of borrowed money
- abbreviation for a company traded on a stock market
- percent that the Federal Reserve charges commercial banks for loans
- a temporary partnership that ends when a specific purpose is met
- where buyers and sellers exchange things
- importance to individual/society (How bad do you want it?)
- unit of transaction (i.e. $)
- market structure that has competitors due to high cost of entry into the market
- purchases that last for a short period of time, such as food and light bulbs
- study of decision-making (usually associated with how money is handled)
- single owner business
- factor of production dealing with human effort
- type of market structure that a gas station in Bena would be considered
- how the government spends and gathers revenue to influence the economy
- factor of production related to human-made resource used to produce other goods and services
- law that deals with producer's willingness and ability to sell a product
41 Clues: single owner business • unit of transaction (i.e. $) • unit of ownership of a business • acronym for how we make decisions • point where supply and demand meet • acronym for gross domestic product • price paid for the use of borrowed money • where buyers and sellers exchange things • factor of production dealing with human effort • ...
Year 7 Economics 2026-06-04
Across
- Money left after a business pays its costs.
- Money a person or business receives from work or sales.
- People who buy and use goods and services.
- Individuals or businesses that make goods or provide services.
- measures the total value of goods and services produced in a country.
- Describes how well people can meet their needs and wants.
- Cost is the next best option you give up when you choose.
- Small parts of a business that people can own and trade.
- How much people want to buy something at different prices.
- Things people would like to have but do not need to survive.
- Essential things people must have to survive, such as food, water, and shelter.
- Person who buys goods or services.
- FLOW, Shows how money moves between households, businesses, and government.
- Value of a good or service in money.
- When prices increase over time and money buys less.
- Extra money paid when borrowing money or earned when saving money.
- When supply and demand are balanced.
- How much of a product sellers are willing to sell at different prices.
- Physical items that people can buy and use.
- Limited resources to satisfy unlimited needs and wants.
Down
- Physical and mental effort used in production of goods and services.
- Extra benefit or cost when making one more choice.
- Resources used to make goods and services.
- Organisation that produces goods or services to earn income.
- Something a person or business owns.
- Actions done to others to satisfy needs or wants.
- Money spent to make or buy goods and services.
- Skill of starting and managing a business by taking risks.
- When people, businesses or countries focus on producing a particular type of good or service they are good at producing.
- Decision people make because resources are limited and they cannot have everything.
- The human made tools, machines, and buildings used to make goods and services.
- Allocation is how resources are shared and distributed to make goods and services.
- Where buyers and sellers come together to exchange goods and services.
- RIGHTS, Rules that protect buyers in the marketplace.
- Income a business earns from sales.
- Natural resources like soil, water, and minerals used in production.
- People and countries rely on each other for goods and services.
37 Clues: Person who buys goods or services. • Income a business earns from sales. • Something a person or business owns. • Value of a good or service in money. • When supply and demand are balanced. • Resources used to make goods and services. • People who buy and use goods and services. • Money left after a business pays its costs. • Physical items that people can buy and use. • ...
ESS Units 1-9 Key Words 2025-06-02
Across
- a group of organisms of the same species living in the same area at the same time, and which are capable of interbreeding. These change and respond to interactions in the environment.
- a community and the physical environment with which it interacts. Ecosystems such as lakes and forests can exist across political boundaries.
- diversity refers to the range of different habitats in an ecosystem or biome.
- natural capital either irreplaceable or can only be replaced over geological timescales; for example, fossil fuels, soil and minerals.
- indirectly measures pollution by assaying the impact on species within the community according to their tolerance, diversity and relative abundance. Species used in this test are called indicator species
- the responsible use and management of global resources that allows natural regeneration and minimizes environmental damage.
- can occur when lakes, estuaries and coastal waters receive inputs of nutrients (nitrates and phosphates), which results in an excess growth of plants and phytoplankton.
- describes the conditions in the atmosphere over a short period of time.
- describes how the atmosphere behaves over relatively long periods of time.
- argues that humans must sustainably manage the global system. This might be through the use of taxes, environmental regulation and legislation. Debate would be encouraged to reach a consensual, pragmatic approach to solving environmental problems.
- integrates social, spiritual and environmental dimensions into a holistic ideal. It puts ecology and nature as central to humanity and emphasizes a less materialistic approach to life with greater self-sufficiency of societies.
Down
- illustrates the differences in composition of soils. Familiarity with it is used for soil type classification based on the percentage of sand, silt, and clay in the soil is required.
- a group of populations living and interacting with each other in a common habitat. The interactions of species with their environment result in energy and nutrient flows.
- the amount of yield that can be removed from a system at the same rate it is removed. Stratospheric ozone a key component of the atmospheric system because it protects living systems from the negative effects of ultraviolet radiation from the Sun.
- argues that technological developments can provide solutions to environmental problems. This is a consequence of a largely optimistic view of the role humans can play in improving the lot of humanity. Scientific research is encouraged in order to form policies and to understand how systems can be controlled, manipulated or changed to solve resource depletion. A pro-growth agenda is deemed necessary for society’s improvement.
- a broad concept encompassing the total diversity of living systems, which includes the diversity of species, habitat diversity and genetic diversity.
- an international agreement created by the UN
- a hypothetical concept in which neither energy nor matter is exchanged across the boundary.
18 Clues: an international agreement created by the UN • describes the conditions in the atmosphere over a short period of time. • describes how the atmosphere behaves over relatively long periods of time. • diversity refers to the range of different habitats in an ecosystem or biome. • ...
Watershed Crossword 2025-02-03
Across
- Soil nutrient booster, but a source of water pollution
- Raising awareness and sharing knowledge, in this case about water conservation
- Minimizing waste through eco-friendly practices
- Active support for a cause, driving positive change
- Land area draining to a common waterway
- (abbr.) Rapid, toxic growth in water bodies
Down
- Excessive nutrients causing ecological imbalance
- Substance causing environmental harm
- The US EPA says this is the most effective filtration method removing impurities from water
- Disease linked to environmental pollutants
- Nitrogen compounds affecting water quality
- Water flow carrying pollutants to water bodies
- Baby Syndrome Condition from nitrate-contaminated water, affecting infants
- Floating seaweed influenced by nutrient pollution, impacting coastal ecosystems
14 Clues: Substance causing environmental harm • Land area draining to a common waterway • Disease linked to environmental pollutants • Nitrogen compounds affecting water quality • (abbr.) Rapid, toxic growth in water bodies • Water flow carrying pollutants to water bodies • Minimizing waste through eco-friendly practices • Excessive nutrients causing ecological imbalance • ...
list #21 2026-03-29
Across
- illegal hunting or killing of wild animals and plants
- reserve learning site for sustainable development
- tail a tail that can hold objects
- species non-native organisms that cause environmental harm to new habitats
- species an organism that holds the ecosystem together
- any hoofed mammal
Down
- habitat native environmental area where a specific organism lives
- difficult to find, catch, or achieve
- mild temperature where it doesn't get too hot or too cold
- vocalization keeping the vocal cords healthy by drinking plenty of fluids and eating well
- clearing land intentionally
- when the last animal of a species dies
- canopy the roof of the rainforest that absorbs much sunlight
- happening during the day
14 Clues: any hoofed mammal • happening during the day • clearing land intentionally • tail a tail that can hold objects • difficult to find, catch, or achieve • when the last animal of a species dies • reserve learning site for sustainable development • illegal hunting or killing of wild animals and plants • species an organism that holds the ecosystem together • ...
Subjects 2022-02-03
Vokabeln 8: Kurzfilm 2013-04-01
13 Clues: Deposit • To devour • Glass bottle • Hypocritical • (aluminum) can • Waste separation • Waste management • Law; Legislation • Disposable bottle • returnable bottle • Waste exportation • Environmental policy • Promotion; Sponsorship
Ch 1 Lesson 1 Vocab 2026-01-08
Across
- The exchange of one benefit or advantage for another that is thought to be better
- The branch of economics that uses objective analysis to find out how the economy actually works
- A system used to manage limited resources for the production, distribution, and consumption of goods and services
- A way to compare the costs of an action with the benefits of that action; if benefits exceed costs, then the action is worth taking
Down
- the branch of economics that applies value judgments to data in order to recommend actions or policies. The goal is to advise how things ought to be done
- The condition that results because people have limited resources but unlimited wants
- Something that motivates a person to take a particular course of action
- The study of how people choose to use their limited resources to satisfy their unlimited wants
8 Clues: Something that motivates a person to take a particular course of action • The exchange of one benefit or advantage for another that is thought to be better • The condition that results because people have limited resources but unlimited wants • The study of how people choose to use their limited resources to satisfy their unlimited wants • ...
1/8/26 assignment lesson 1 2026-01-08
Across
- the branch of economics that applies value judgments to data in order to recommend actions or policies. The goal is to advise how things ought to be done
- the branch of economics that uses objective analysis to find out how the economy actually works
- A system used to manage limited resources for the production, distribution, and consumption of goods and services
- the exchange of one benefit or advantage for another that is thought to be better
- The study of how people choose to use their limited resources to satisfy their unlimited wants
Down
- a way to compare the costs of an action with the benefits of that action; if benefits exceed costs, then the action is worth taking
- something that motivates a person to take a particular course of action
- the condition that results because people have limited resources but unlimited wants
8 Clues: something that motivates a person to take a particular course of action • the exchange of one benefit or advantage for another that is thought to be better • the condition that results because people have limited resources but unlimited wants • The study of how people choose to use their limited resources to satisfy their unlimited wants • ...
Le vocab de voyage & act 2023-11-01
1700's 2023-10-14
10 Clues: cushion • founder of georgia • mountainous region • largest of the U.S • following the expiry • granted trustees power • protestants in catholic • large expands of grasses • enact their own laws/taxes • created strict guideliness
DISCIPLINE AND IDEAS IN APPLIED SOCIAL SCIENCES 12 ACTIVITY 2024-07-30
10 Clues: Language • Past events • Human statics • Study of mind • Land features • Giving advice • Study of human • Study of human institution • Condition of resources in a country • Way of sending and receiving information
Chapter 3 Lesson 1-3 Vocabulary 2021-09-28
Across
- an economic system combining private and public enterprise.
- sustained rise in the general level of prices of goods and services.
- a thing that motivates or encourages one to do something.
- act of buyers and sellers freely and willingly engaging in market transactions.
- an event or contest in which people compete.
- concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.
- driving force that encourages people and organizations to improve their material well-being.
- the total of all value added created in an economy.
Down
- role of consumer as ruler of the market in determining the types of goods and services produced.
- the lowest wage permitted by law or by a special agreement
- federal programs of disability and retirement benefits that cover most working people.
- income that does not increase overtime.
- the fundamental right of every human to control his or her own labor and property.
- when there is little to no change in the economy over a period of time.
14 Clues: income that does not increase overtime. • an event or contest in which people compete. • the total of all value added created in an economy. • a thing that motivates or encourages one to do something. • the lowest wage permitted by law or by a special agreement • an economic system combining private and public enterprise. • ...
Home Economics Jorja 2016-10-06
Across
- what needs to be washed before you start cooking?
- What kind of heat is a burn caused by?
- what do you use to store your food in?
- what is the standard serving of vegetables?
- what helps develop growth of your bones?
- the steps on how to cook a dish
- what is an abbreviation of tbsp?
- what can be used to serve food on?
- this type of jewellery should be taken off before cooking
- what do you carry it with the blades facing down?
- what can you use to combine ingredients?
Down
- you will gain this if you eat too much food
- what do you use to remove skin off of foods?
- what can you use to warm/heat food?
- a term for your everyday eating habits
- The food needed to make a dish
- what causes food poisoning?
- what do you use to stir, beat, cut , measure etc?
- what is an abbreviation for kg
- to be above your average weight
- what ingredient helps make a dish rise?
21 Clues: what causes food poisoning? • The food needed to make a dish • what is an abbreviation for kg • the steps on how to cook a dish • to be above your average weight • what is an abbreviation of tbsp? • what can be used to serve food on? • what can you use to warm/heat food? • a term for your everyday eating habits • What kind of heat is a burn caused by? • ...
Economics Crossword Puzzle 2015-12-15
Across
- 500 minimum if you make a little amount
- whether or not to start or stop printing money
- use of monetary or fiscal policy changes to kick start a lagging or struggling economy
- multiple owners
- better measurement of countries economy
- cant go below this price
- the most successful part of an economy
- spending too much
- for old people to retire
- wage smallest amount to pay
- value from government
- cant go above this price
- karl marx
- money goes up in value
- A measure of changes in the purchasing-power of a currency
- no taxes
- A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction.
- american economy
- have too much
- dont have enough
- high taxes
- country produce the most
- An examination of the additional benefits of an activity compared to the additional costs of that activity.
- when a country is growing its economy
- assets minus liabilities
Down
- trade with everyone
- we have too much
- consumer price index or GDP
- the state of being useful, profitable, or beneficial.
- how a country is doing
- the state of being scarce or in short supply; shortage.
- when a country is doing bad but not a deppression
- opposed friedman
- high employment rate
- 12 district banks
- one owner
- country doing the best
- dont trade
- hands off government
- born in vienna
- opposed Keynes
- something backs it up
- how the government handles money
- working well
- sustained increase in the general price level of goods
- founder of US economy
- the least successful part of an economy
- US, MEXICO, CANADA
- use the entire world to trade
49 Clues: no taxes • karl marx • one owner • dont trade • high taxes • working well • have too much • born in vienna • opposed Keynes • multiple owners • we have too much • opposed friedman • american economy • dont have enough • spending too much • 12 district banks • US, MEXICO, CANADA • trade with everyone • high employment rate • hands off government • value from government • something backs it up • ...
Economics Crossword Puzzle 2015-12-14
Across
- Surplus
- Deficit
- Domestic Product
- Policy
- A spur or incentive
- Fund- Money saved up for emergancies
- Analysis-Decision making tool to help maximize profits
- a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive
- Appreciation
- Wage- The lowest amount of money a company can pay you for work.
- What you are entitled to
- The State of being useful
- Advantage
- have so much of a certain good in stock
- Developed by Adam Smith. Free Market or Free enterprise
- a state of limited competition, in which a market is shared by a small number of producers or sellers.
- Faire- No government interference
- Meynard Keynes
Down
- Enterprise-an economic system in which private business operates in competition and largely free of state control.
- IRA
- Reserve System
- Price Index
- Advantage
- per Capita
- Standard
- Indicators
- Hayek
- 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 state of being scarce
- Ceiling- is a situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.
- 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
- Worth- Assets minus liabilities
- exclusive possession or control of the supply or trade in a commodity or service
- enough of a certain product
- Policy
- Smith
- Employment
- Freidman
38 Clues: IRA • Hayek • Smith • Policy • Policy • Surplus • Deficit • Standard • Freidman • Advantage • Advantage • per Capita • Indicators • Employment • Price Index • Appreciation • Reserve System • Meynard Keynes • Domestic Product • A spur or incentive • What you are entitled to • The state of being scarce • The State of being useful • enough of a certain product • Worth- Assets minus liabilities • ...
Economics 8.1 Crosswords 2016-02-16
Across
- Used to describe 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.
- If the quantity of _____________ increases, this will reduce domestic demand pull inflation (AD = C+I+G+X-M).
- What instrument does the government used to protect domestic industries against international competition?
- People often joke about the world shrinking, but in reality, it is simply _______________.
- Old and declining industry
- Driving License but for importing
- What might encourage international specialization between countries?
- A newborn industry
- Competition and ________ are increased due to international trade
Down
- Ban on certain imported good or on all imports from a particular country
- The Limit the government places on import and export (to limit them)
- Where national economy that can engage trade freely with other countries
- What is the movement and exchange of physical goods (materials, component parts, equipment, finished products) as well as services, ideas, currencies and labour across international borders?
- The main arguments against the use of __________ is because they reduce gains of trade
- What neighboring country of the world agreed on to trade freely with each other but imposes tariff on all goods or services from non-member country?
- Increase of international trade can cause ___________ trade
- When you have the ability to make a product or an activity more efficiently than others
- If a country can boost general competitiveness and productivity, then its ____________ will become more competitive and should increase.
- Type of predatory pricing and unfair competition
- A tax or duty to be paid on a particular class of imports or exports
20 Clues: A newborn industry • Old and declining industry • Driving License but for importing • Type of predatory pricing and unfair competition • Increase of international trade can cause ___________ trade • Competition and ________ are increased due to international trade • The Limit the government places on import and export (to limit them) • ...
Economics 101 Crossword 2017-08-29
Across
- an allocation of resources that maximizes total surplus
- the trade of a good or service without a commonly accepted medium of exchange
- taxes levied on imported goods and services
- two goods that are used together; when the price of a complementary good rises, the demand for the related good goes down
- (1) the fairness of the distribution of benefits within the society; (2) the part of an asset that an individual owns. In the case of a house, equity is the part of the selling price that the individual gets to keep after paying off the balance of his or her mortgage
- the market-determined opportunity cost of a good or service; the key determinant of how market economies allocate goods and services
- factors that motivate a person to act or exert effort
- the resources (labor, land, and capital) used in the production process
- a currency's increase in value relative to other currencies
- the production the firm creates
- a group of firms that sell similar products or services
- information conveyed by profits and losses about the profitability of various markets
- the lowest hourly wage rate that firms may legally pay their workers
- a condition existing when a single company supplies the entire market for a particular good or service
- behavior occurring when a foreign supplier sells a good below the price it charges in its home country
- the result of total revenue being less than total cost
Down
- a system that brings buyers and sellers together to exchange goods and services
- a condition existing when a small number of firms sell a differentiated product in a market with high barriers to entry
- a person who conceives and starts a business
- the ability of one producer to make more than another producer with the same quantity of resources
- an attempt to set prices through government involvement in the market
- behavior occurring when resources are used to secure monopoly rights through the political process
- the sum of consumer surplus and producer surplus; also known as social welfare
- a condition occurring at the point where the demand curve and the supply curve intersect
- the study of how people allocate their limited resources to satisfy their nearly unlimited wants
25 Clues: the production the firm creates • taxes levied on imported goods and services • a person who conceives and starts a business • factors that motivate a person to act or exert effort • the result of total revenue being less than total cost • an allocation of resources that maximizes total surplus • a group of firms that sell similar products or services • ...
Economics Vocabulary Review 2017-04-03
Across
- a loan that a person uses to pay for things, but is expected to pay back
- buying stuff without thinking about whether or not you need it Income money earned from working and other means
- something you would like to have but will be okay without
- just like a bank, only its members own it
- a person who is an expert at handling money and can give you information and advice about saving and investing
- something you obtain by going to school and working jobs related to the work you want to do
- the extra fee charged for borrowing money, or the cost of borrowing money
- the knowledge and skills to manage money
- finding out whether or not what you are about to buy can be found for a better price or in better shape at a different store
- a spending plan people make in order to make sure there is enough income to cover all expenses
- Things that are made to be sold
- a place where people put their money for safekeeping, and for ease of use
- when you purchase a security like a stock or bond, in the hopes that over time it will make money
- what you use to pay for something, like cash or a check
- an account that gains interest and allows withdrawals
- payment for work, usually calculated on an hourly, daily, or piecework basis and paid on schedule—usually every week, two weeks, or month
- being trustworthy; being responsible
- a goal that can be achieved in a longer amount of time; it can take months, years, or even an entire lifetime
- what a person owns of value, such as jewelry, savings, art, a home, and a car
- a goal that can be achieved in a short amount of time; it may take a few days, weeks, or months
- a person who starts his or her own business
- an activity or action that might be dangerous
Down
- the price of goods and services rises over time
- a savings certificate that gains interest and has a set time before you can withdraw your money
- stuff you do to make risks less dangerous or not dangerous at all
- considering different information to make a choice
- payment for work, represented as a yearly sum and paid in portions every week, two weeks, or month; can also include sick time and vacation time
- keeping important information to yourself or between yourself and close family members
- helps people pay for medicine and doctors when they are sick or hurt
- a fee added to the sticker price of an item that is paid to the state or city
- the cost we pay when we give up something to get something else
- to use money to buy stuff
- Work people get paid to do
- helps people invest their money
- the cost of the things that people spend money on
- annual tax placed on the money employees make at jobs and collected by the federal government, most states, and some local governments
- doing stuff just because your friends are doing it, or because your friends told you to, because you want your friends to like you and think you are cool
- work you do for money
- giving resources or volunteering time to help those in need
- money set aside for short- or long-term goals
- fees placed on income, purchases, or property to support government programs
- something you truly can not live without
42 Clues: work you do for money • to use money to buy stuff • Work people get paid to do • helps people invest their money • Things that are made to be sold • being trustworthy; being responsible • the knowledge and skills to manage money • something you truly can not live without • just like a bank, only its members own it • a person who starts his or her own business • ...
Economics Group Exercise 2017-03-28
Across
- Key word in partnership
- Answers the question: how much to produce/provide
- Subject to certain laws
- Money generated from operating business
- Provided
- "Going concern"
- ________ has substitutes and complements
- Voting and stating opinion in a business
- Store brand/generic stock
- Anything business owes
- Anything business owns
- Key word in proprietorship
- Legal protection over intellectual property
- Cannot be traced back to source
- The level of economics the Economic Systems operate under
- Determines present behavior
- Non-cutable cost
- Growth, efficiency, equity, security
- Based on expectation
- Price sensitive (responds and reacts to price)
- Tell us that in order to function at all, the economy needs to meet the economic questions
- Business-created shortage
- Price insensitive (does not respond or react to price)
- Used in place of core item
- Parent co can retain percentage of profits and control
Down
- Stays the same regardless of usage
- Traced back to source
- Avoids risk and plays safe
- Ability to differentiate between customers
- What to produce/provide, how to produce/provide, how much, who gets it
- Income left over after bills are paid
- Retain half or more of profits and control
- Person-specific
- Different prices to different customers for the same item
- Used along with core item
- Second advantage of a corporation
- Cutable cost
- Money left over after paying costs
- Type of monopoly that forms from piling up patents and copyrights
- Type of monopoly that forms from out-competing everyone else
- Speed up a project
- Retain 49% or less of profits and control
- Produced
- Legal protection over products
- Varies with usage
- Risk bond
- The level of economics the Economic Environments operate under
- Low mass production, high specialization
48 Clues: Provided • Produced • Risk bond • Cutable cost • Person-specific • "Going concern" • Non-cutable cost • Varies with usage • Speed up a project • Based on expectation • Traced back to source • Anything business owes • Anything business owns • Key word in partnership • Subject to certain laws • Store brand/generic stock • Used along with core item • Business-created shortage • Avoids risk and plays safe • ...
Economics Vocabulary Crossword 2012-01-26
Across
- human factor in production
- money paid to government to provide for public goods and services
- an example of a market economy
- money printed according to amount of gold
- stock prices are dropping
- stock prices are increasing
- an example of a command economy
- some government control, some people control
- amount of goods and services produced in one year
- a reward for owning stocks
- paper money
Down
- when prices increase
- an example of a mixed economy
- comparing product prices from year to year
- very little government control
- services provided by the government
- idea that humans will always want more
- additional money paid when repaying a loan
- raw materials untouched by humans
- place where stocks are bought and sold
- a person who starts their own business
- total government control
22 Clues: paper money • when prices increase • total government control • stock prices are dropping • human factor in production • a reward for owning stocks • stock prices are increasing • an example of a mixed economy • an example of a market economy • very little government control • an example of a command economy • raw materials untouched by humans • services provided by the government • ...
Economics Review Crossword! 2013-04-04
Across
- One positive of capitalism is that is creates _________ between corporations, resulting in better products at cheaper prices.
- An economic system that is capitalist yet provided healthcare/education to the poor is called _____ capitalism.
- America has the _______ highest GDP in the world.
- The percentage of income that is profit, measured year to year
- What GDP stands for (GDP is the measure of the total worth of the total goods of the economy THAT YEAR).
- An economy that has parts of one economic system and parts of another is a ______ economy.
- One of the factors of production; this is the term for the actual people who do the work.
- The amount of money you have from income AFTER taxes/wages/expenditures.
- One of the factors of production; also called resources.
- This negative of capitalism results in a single corporation cornering (controlling) the market on a good.
Down
- An economy that uses supply and demand to determine price is a ______ economy.
- AN economy that has the government determine pricing is a ______ economy.
- An economic theory that private industry should control both land and capital. It is also the primary economic system of America.
- An economic system that is capitalist and has NO government input is called _________ capitalism.
- How badly (or how much) the public wants an item.
- How much of something is put into the market
- One knock of capitalism is that it can create income _______...for example, America's top 1% controls 35-40% of the wealth.
- This negative of capitalism happens when a single firm has too much power, resulting in lower wages for employees.
- One positive of capitalism is that economic freedom usually means more _________ freedom.
- One of the factors of production; this is what we call factories, tools, raw materials, etc.
- An economic system that is capitalist but controlled by the government is called _____ capitalism.
21 Clues: How much of something is put into the market • How badly (or how much) the public wants an item. • America has the _______ highest GDP in the world. • One of the factors of production; also called resources. • The percentage of income that is profit, measured year to year • The amount of money you have from income AFTER taxes/wages/expenditures. • ...
ECONOMICS CROSSWORD PUZZLE 2013-04-14
Across
- pieces of landed property covering tremendous areas, as a way to self-sufficiency.
- Divided the concerns of economics into two separate fields: oikonomiks and chrematistiks.
- A Greek word meaning management.
- Encompassed the activities of money-making as well as some aspects of production.
- ____ Smith, recognized as the founder of Classical School, constructed an explanation on how social behavior is regulated.
- David _______'s most famous work, Principles of Political Economy and Taxation.
- The term _______ Faire meant that the only legitimate form of government revenue derived from the value of land. Also a French phrase meaning "let do".
- He said that with efficient of the Latifunda, it will eventually lead to self-sufficiency.
- He was interested in efficiency .
- "Household-Management"
- An economic concept measured as a ratio of outputs and inputs.
- A Greek word meaning household.
- Dealt with the production and consumption of goods.
Down
- Representation of economic assets, or capital, held by the state (gold, silver, and trade value).
- A group of economists who believed that the wealth of nations was derived solely from the value of land agriculture or land development.
- In 2800 B.C., the Middle East civilization emerged at Iraq, Tigris and _________ river.
- People that wander in large areas and consume resources.
- An economic theory that holds the prosperity of a nation depends upon its supply of capital, and that the global volume trade is "unchangeable".
- He made mention of specialization as the reason for and justification of society.
- In 3000 B.C., the 2nd civilization emerged at India, _____ River.
20 Clues: "Household-Management" • A Greek word meaning household. • A Greek word meaning management. • He was interested in efficiency . • Dealt with the production and consumption of goods. • People that wander in large areas and consume resources. • An economic concept measured as a ratio of outputs and inputs. • ...
Economics Crossword Puzzle 2013-03-03
Across
- Income- total income going to the consumer sector before individual income taxes are paid
- Demand- total quantity of goods and services demanded at different price levels
- Growth- sustained period of which a nation’s total output of goods and services increases
- point in time when real GDP stops declining and begins to expand
- Transaction- economic activity not taking place in the market and, therefore, not included in GDP
- rise in general level of prices
- Unemployment- unemployment caused by fundamental change in the economy that reduces the demand for some workers
- Domestic Product- dollar value of all final goods, services and structures produced within a country’s national borders during a one year period
- combination of stagnant economic growth and inflation
- of Living- quality of life based on ownership of necessities and luxuries that make life easier
- decline in GDP lasting at least 2 quarters or more
- state of being available for work while actively searching for work
- recovery from recession
Down
- Unemployment- unemployment caused by swings in business cycle
- Price Index- index used to measure price changes for a market basket of frequently used consumer items
- Personal Income- personal income less individual taxes
- Unemployment – unemployment caused by workers changing jobs or waiting to go new ones
- point in time when real GDP stops expanding and begins declining
- state of economy with large numbers of unemployed, declining real economies, overcapacity in manufacturing plants, and general economic hardship
- Triangle- table showing the rates of growth of a statistical series between any two dates
- Cycle- systematic changes in real GDP marked by alternating periods of expansion and contraction
- Index-Unofficial statistic that is the sum of monthly inflation and the unemployment rates
- Products- products directly excluded from GDP because they are components of other final products included in GDP
23 Clues: recovery from recession • rise in general level of prices • decline in GDP lasting at least 2 quarters or more • combination of stagnant economic growth and inflation • Personal Income- personal income less individual taxes • Unemployment- unemployment caused by swings in business cycle • point in time when real GDP stops expanding and begins declining • ...
Economics Crossword Puzzle 2013-05-17
Across
- device used to make cashless purchases; money is electronically withdrawn from the consumer's checkable account and transferred directly to the store's bank account
- refers to workers
- exchange of goods and services for other goods and services
- country that has a blend of capitalism and socialism
- an investment for a certain amount of time in which you leave money until it matures
- complete restriction on the import or export of a particular good
- tax placed on an imported product
- The money a business receives for its products or services over and above the costs of producing it
- concept that a nation should produce and export a limited assortment of goods for which is particularly suited in order to maintain profitable
- The various quantities of a good or service that producers are willing to sell at all possible market prices
- system of putting onto computers all the banking functions that in the past were handled on paper
- rate the price of one nation's currency in terms of another nation's currency
- money that has value because a government fiat, or order, has established it as acceptable for payment of debts
- percentage of people in the civilian labor force that is unemployed and actively looking for work
- goods sold to other countries
- partial ownership in a corporation
- goods bought from other countries for domestic use
- unit that allows consumers to do their banking without the help of a teller
- taking over industries by governments without paying for them
- Desire, willingness, and ability to buy a good or service
Down
- use of advertising inform consumers that a new or improved product is available
- Pleasure, usefulness, or satisfaction we get from using a product
- fall in the price of a currency through the action of supply and demand
- change from state ownership of business to private
- offices and agencies of the government that each deal with a specific area
- world’s largest trade organization
- money, goods, and services given by governments and private organizations to help other nations and their citizens
- nations with relatively high standards of living and economics based more on industry than on agriculture
- combination of inflation and low economy activity
- the Federal Reserve System created by Congress in 1913 as the nation's central banking organization
- periods between the time fiscal policy is enacted and the time it becomes effective
- lowering a currency's value in relation to other currencies by government order
- organization of European nations whose goal is to encourage economic integration as a single market
- anything customarily used as a medium of exchange, a unit of accounting, and a store of value
- Total demand for consumers for their good or service
- theory that deals with the relationship between the amount of money the Fed places in circulation and the level of activity in the economy
- The methods, or processes, used to make goods or services
- all the activities needed to move goods and services
- used by Karl Marx for his ideal society
- the absence of spending
40 Clues: refers to workers • the absence of spending • goods sold to other countries • tax placed on an imported product • world’s largest trade organization • partial ownership in a corporation • used by Karl Marx for his ideal society • combination of inflation and low economy activity • change from state ownership of business to private • ...
Public Sector Economics 2013-01-05
Across
- The reluctance of a person to accept a bargain with an uncertain payoff rather than another bargain with a more certain, but possibly lower, expected payoff
- Refers to any tax on non-investment spending, and can be implemented by means of a sales tax, consumer value added tax, or by modifying an income tax to allow for unlimited deductions for investment or savings
- a loss of economic efficiency that can occur when equilibrium for a good or service is not Pareto optimal
- a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others
- a situation in which individuals or organizations consume more than their fair share of a resource, or shoulder less than a fair share of the costs of its production
- A financial charge or other levy imposed upon a taxpayer by a state or the functional equivalent of a state such that failure to pay is punishable by law
- The slope of the production–possibility frontier (PPF) at any given point
- Retrospective (past) cost that have already been incurred and cannot be recovered
- a cost or benefit that is not transmitted through prices
- The proportional share of the initial amount owed (initial liability) that must be paid to delay payment for 1 year
- A branch of theoretical economics which seeks to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that a set of prices exists that will result in an overall equilibrium
- Representation of the (infinite) set of possible efficient allocations
- A tax that is a fixed amount, no matter the change in circumstance of the taxed entity
Down
- A tax imposed so that the effective tax rate increases as the amount to which the rate is applied increases
- a real-valued function that ranks conceivable social states (alternative complete descriptions of the society) from lowest to highest
- a condition on the cost-technology of an industry whereby it is most efficient (involving the lowest long-run average cost) for production to be concentrated in a single firm
- A condition of economic equilibrium which takes into consideration only a part of the market, ceteris paribus, to attain equilibrium.
- the percentage change in quantity demanded caused by a percent change in price
- The cost of any activity measured in terms of the value of the next best alternative forgone (that is not chosen)
- The amount by which consumption of taxed good is reduced because of the worsening of the standard of living
- The study of government policy through the lens of economic efficiency and equity
- A tax system with a constant marginal rate, usually applied to individual or corporate income
- Resource allocations that have the property that no one can be made better off without someone else being made worse off
- The extent to which consumption of taxed good is reduced because of the increased relative price
- The analysis of the effect of a particular tax on the distribution of economic welfare
- The study and implementation of how best to design a tax to minimize distortion and inefficiency subject to increasing set revenues through distortionary taxation in the market.
- A phenomenon occurring when expansionary fiscal policy causes interest rates to rise, thereby reducing investment spending
- A majority rule voting system will select the outcome most preferred by him
28 Clues: a cost or benefit that is not transmitted through prices • Representation of the (infinite) set of possible efficient allocations • The slope of the production–possibility frontier (PPF) at any given point • A majority rule voting system will select the outcome most preferred by him • ...
Labour Economics Crossword 2012-12-27
Across
- Is the point where a person stops employment completely.
- Is a system under which people are treated as property to be bought and sold, and are forced to work.
- Employment level, unemployment level, labour force, and unfilled vacancies could be called as.
- Process of negotiations between employers and a group of employees aimed at reaching agreements that regulate working conditions.
- Occurs when people are without work and actively seeking work.
- Is a financial plan and a list of all planned expenses and revenues.
- Rotation of workers according to physical space.
- Form of unemployment resulting from a mismatch between demand in the labour market and the skills and locations of the workers seeking employment.
- Concept that provides certain guarantees for pregnant women.
- Population that is not included into labour force. Economically...
- Body of laws, administrative rulings, and precedents, which address the legal rights of, and restrictions on, working people and their organizations.
- Is a measure of the work done by human beings.
Down
- Stock of competencies, knowledge, social and personality attributes embodied in the ability to perform labor to produce economic value.
- Insurance against the risk of incurring medical expenses among individuals.
- Solicitation for money or food.
- Indicator of labour mobility that reflects intensity of mobility.
- Indicator of labour mobility that reflects number of mobile population.
- Organization of workers who have banded together to achieve common goals.
- Total hours (adjusted for intensity of effort) that workers wish to work at a given real wage rate.
- People who are crippled or otherwise physically handicapped.
- Rotation of workers across a set of jobs.
- Is the consumption and savings opportunity gained by an entity within a specified timeframe, that is generally expressed in monetary terms.
- Is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.
- Is a contract for a fixed sum to be paid regularly to a person, typically following retirement from service.
- Form of unemployment that occurs when a worker is searching for, or transitioning from one job to another.
- Is generally considered an altruistic activity, and is intended to promote good or improve human quality of life, which in return produces a feeling of self-worth andrespect, but financial gain.
- Is a contract between two parties, one being the employer and the other being the employee.
- The amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year.
- Is remuneration paid by an employer to an employee.
29 Clues: Solicitation for money or food. • Rotation of workers across a set of jobs. • Is a measure of the work done by human beings. • Rotation of workers according to physical space. • Is remuneration paid by an employer to an employee. • Is the point where a person stops employment completely. • People who are crippled or otherwise physically handicapped. • ...
Economics Unit 1 2013-01-07
Across
- / Sum of people's skills, abilities, health, and motivation
- / Benefit until it is no longer scarce and benefit reaches its margin
- / Economic product that is consumed collectively
- / Investing on goods to recieve profit
- / The ability of risk taking individuals to develop new products and start new businesses in order to make profits
- / Relaxation or removal of government regulations on buisness activities
- / The value of the next best alternative given up for the alternative that was chosen
- / A system in which individuals own the factors of production and make economic decisions through free interaction while looking out for their own and their families' best intrests
- / Sacrificing one good or service to purchase or produce another
- / Tools, equipment, and other manufactured goods used to produce other goods and services
Down
- / A market to sell goods
- / Degree to which productive resources are used effectively
- / Assignment of tasks so that each worker performs fewer functions more frequently
- / A system in which the government controls the factors of production and makes all decisions about their use
- / Act of buyers and sellers freely and willingfully engaging in market transactions
- / Extra cost of producing one additional unit of production
- / Previously manufactured goods used to make other goods and services
- / Government adding regulations to buisness activities
- / The result once inputing resources to make goods
- / Division of work into a number of seprate tasks
- / Using resourses to ultimately result with a product which is refered to as the output
- / Condition of not being able to have all of the goods and services one wants, because wants exceed what can be made from all available resources at any given time
- / Market where goods and services are offered for sale
- / Giving money to a certain patent/company to later get a positive profit
24 Clues: / A market to sell goods • / Investing on goods to recieve profit • / Economic product that is consumed collectively • / Division of work into a number of seprate tasks • / The result once inputing resources to make goods • / Government adding regulations to buisness activities • / Market where goods and services are offered for sale • ...
Economics Key terms 2014-06-07
Across
- occurs when there is an excess supply
- the amount of amount of money received for a good or service.
- intersection of supply and demand curves
- quantity of the good sellers are willing to sell at a certain price
- change in price results in a small change in quantity demanded
- party offering the good or service
- The highest price the consumer would be willing to pay for an additional unit
- a network of buyers and sellers to exchange goods and services
- the sense of well being or satisfaction a person derives from a good
- quantity of good the buyers are willing to buy at a certain price
Down
- occurs when there is an excess demand
- Demand increases when income increases
- party seeking the good or service
- change in price results in a large change in quantity demanded
- The cost of producing another unit
- costs of producing the good
- Implemented by government to help consumers
- Implemented by government to help producers
- Demand increases when income decreases
- type of good where an increase of price in one causes a rightward shift of demand curve for the other
20 Clues: costs of producing the good • party seeking the good or service • The cost of producing another unit • party offering the good or service • occurs when there is an excess supply • occurs when there is an excess demand • Demand increases when income increases • Demand increases when income decreases • intersection of supply and demand curves • ...
Chapter 1 Economics 2015-03-18
Across
- goods that we cannot reach out and touch, such as friendship
- the physical and human effort used in the production of goods and services
- the study of choices we make among our wants and limited resources
- the equipment and structures used to produce goods and services
- a testable proposition
- when two events occur together
- intangible items of value provided to consumers
- the process of combining labor, land, and capital to produce goods and services
- a statement or proposition used to explain and predict behavior in the real world
- when an economy gets the most out of its scarce resources
- the process of buyers and sellers exchanging goods and services
- items that we do not desire or want
Down
- when one event brings about another event
- the study of household and firm behavior and how they interact in the marketplace
- items we value or desire that we can reach out and touch
- the natural resources used in the production of goods and services
- the total amount
- the study of the whole economy
- items we value or desire
- when human wants exceed available resources
- inputs used to produce goods and services
21 Clues: the total amount • a testable proposition • items we value or desire • the study of the whole economy • when two events occur together • items that we do not desire or want • when one event brings about another event • inputs used to produce goods and services • when human wants exceed available resources • intangible items of value provided to consumers • ...
Basics of Economics 2015-02-03
Across
- A lot of money
- Off Compromise
- Motive Goal is to make money
- market Business can go and purchase resources to produce goods
- something that is required
- Exchange buyers and sellers engaging in market transactions
- Short supply
- Growth Increase in the amount of goods produced.
- Person who organizes & manages any enterprise.
- Wealth & resource of a country
- Benefit or advantage of something
- Wealth in the form of money
- Useful, profitable, or Beneficial
Down
- To have a strong desire for something
- Enterprise private business operates in competition and largely free of state control.
- Market Referred to when pitching a new product to the public
- Physical work
- The ground
- Producing something
- of Living degree of wealth and material available to people
- Action of helping
- Sovereignty needs of consumers control the output of producers.
- Competing for something
- Cost: Loss of potential gain
- Capital Economic resource in terms of money
- of value Goods that are crucial to humans are cheaper
26 Clues: The ground • Short supply • Physical work • A lot of money • Off Compromise • Action of helping • Producing something • Competing for something • something that is required • Wealth in the form of money • Motive Goal is to make money • Cost: Loss of potential gain • Wealth & resource of a country • Benefit or advantage of something • Useful, profitable, or Beneficial • ...
Economics Unit 2 2015-02-17
Across
- This change in demand would be taking place if a lot of people started moving away from Yarmouth.
- The Law of ______ states that as prices rise, this rises too.
- A change in technology (which is a change in supply)usually reduces the cost of _____________.
- _________want the price to be as high as possible.
- The compromised price between consumers who want the lowest prices possible and sellers who want the highest.
- This change in demand is the understanding that if potential buyers ______ increases, they will be willing to buy more.
- The process by which a buyer and seller arrive at a mutually acceptable price.
- ________ and Environment
- The Law of Demand states that as ______ rise, demand falls.
- Price of ______ outputs is a change in supply in which suppliers shift their production dependent on market prices.
Down
- A restriction placed on the amount of product that a consumer is allowed to produce.
- Price of ________ Goods is basing buying decisions off the cost difference between a desired good and it's _________ good.
- Having more product than is demanded.
- Buyers want the price to be as ____ as possible.
- Having not enough product to satisfy demand.
- Government intervention to prevent sellers from getting to little for their product or service.
- An illegal market outside of the formal economy.
- Government intervention to prevent consumers from paying too much for a product or service.
- This change in supply is related to the flux in supply based on changes in production _____.
- _______ and Preferences
- Expectations, described as consumers buying habits being shaped by future market expectations is a change in _______.
21 Clues: _______ and Preferences • ________ and Environment • Having more product than is demanded. • Having not enough product to satisfy demand. • Buyers want the price to be as ____ as possible. • An illegal market outside of the formal economy. • _________want the price to be as high as possible. • The Law of Demand states that as ______ rise, demand falls. • ...
Economics Ch.5 2021-10-06
Across
- government interference in a market that has an impact on a product's manufacturing
- change in output from result of adding one more unit of labor
- a government payment aiding a company or market
- a graph of the amount of a good provided at different costs
- a chart showing how much of a supply a provider will offer at different prices
- a graph of the amount provided of a good by all providers at different prices
- the profit gained from selling one more unit of a product
- a level of production in which the labor's marginal product rises as the number of workers grows
- a level of production where labor's marginal product drops as the number of worries rises
Down
- a measure of how amount supplied responds to price changes
- a chart showing how much of a supply all merchants will offer at different prices
- a tax imposed on the manufacture or sale of a product
- tendency of providers to offer more of a good at a higher price
- factor that won't change
- a cost that remains constant
- a cost that rises or declines in relation to the amount of goods produced
- amount a provider is willing & able to give at a fixed price
- sum of fixed and variable cost
- amount of goods available
- the price of running a business, such as a store or a facility
- the price of making one or more units of a product
21 Clues: factor that won't change • amount of goods available • a cost that remains constant • sum of fixed and variable cost • a government payment aiding a company or market • the price of making one or more units of a product • a tax imposed on the manufacture or sale of a product • the profit gained from selling one more unit of a product • ...
Economics - Humanities Exam 2021-01-19
Across
- A person who purchases goods and services for personal use
- the physical and mental abilities people use to produce goods and services
- Weighing what you sacrifice compared to what you gain to help you make the best decision
- a transaction where no physical object is being transferred between the producer and the consumer
- the market in which households purchase the goods and services that firms produce
- market in which firms purchase the factors of production (capital, land, labor) from households
- government intervention in a market that affects the production of a good
- a graphic representation of transactions within an economy
- Goods, such as clean air and clean water, that everyone must share.
- benefits given by the government directly to individuals: cash transfers (Social Security payments and retirement payments to former government employees) or (in-kind transfers) food stamps and low-interest loans for college education.
Down
- any material provided by nature that can be used to produce goods and services
- The tools, equipment, and buildings that are used to produce goods and services
- Fees for the support of government required to be paid by people and businesses
- not having enough resources to fulfill all the unlimited wants
- the ability to keep in existence or maintain
- accepting the risk of starting and running a business
- a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
- A person, company, or country that makes, grows, or supplies goods or commodities for sale
- the study of choices people make to satisfy their wants and needs
- what you give up when you make a choice
- external motives/factors that explain people's choices
- physical objects that are produced by producers and consumed by consumers
- something people desire but is not necessary for survival
- something necessary for survival
24 Clues: something necessary for survival • what you give up when you make a choice • the ability to keep in existence or maintain • accepting the risk of starting and running a business • external motives/factors that explain people's choices • something people desire but is not necessary for survival • A person who purchases goods and services for personal use • ...
Exam Review - Economics 2021-12-14
Across
- Opportunity cost states that there is no such thing as a ________ lunch. There is always a cost for the choices you make.
- The key to trade is __________.
- Consists of 27 member states in Europe; also known as the European Community (EC).
- All resources are limited.
- Goods purchased from another country and brought into a home country (coming into a country).
- A good that is unable to be touched or grasped, not having physical presence. Another name for "service."
- A factor of production; people who invest time and money to run a business.
- An example of this kind of good is hot dogs and hot dog buns, waffles & syrup. When one price goes up, it may affect the sales of the other.
- When producers make too much of a product and have to reduce the price to sell it.
- This acronym represents an agreement that was signed by 23 countries; it did away with import quotas and reduced the price of tariffs.
- There is an opposite relationship between price and quantity. When the prices goes down, consumers buy more.
- The study of the way a nation (or business or person) uses its limited resources to satisfy unlimited wants and needs.
- When the price of one country's currency is described in terms of another country's currency.
- A listing that shows the quantity demanded (of a product) at all prices that may occur in a market at a given time.
- Goods bought and used by customers, rather than by manufacturers for producing other goods.
- In this type of economy, government controls the factors of production.
- Goods we buy often and can't live without (toothpaste, water, milk, bread).
- The study of the economics of a small unit, such as a family or business.
- This economic system is commonly found in rural settings or in 2nd/3rd world nations.
- The way a nation uses its productive resources to produce and distribute goods and services.
Down
- This concept means less government involvement; supply and demand will govern the market by themselves, there's no need for government interference.
- The quantities of a product consumers are willing and able to buy at various prices given a period of time.
- This acronym represents a tax in Europe that is distributed to members based on need.
- Limits based on the quantities that can be imported.
- Goods sold from a home country to another outside country (going out of a country).
- In this type of economy, there is market competition and private ownership of land.
- When producers do not make enough of a product.
- There is a direct relationship between price and quantity. If sellers can get a higher price, they will make more of a product.
- An order by government prohibiting movement of ships into or out of ports.
- The quantities of a product that sellers are willing and able to produce at a given price.
- The single currency in Europe that replaced individual nation currencies.
- This acronym represents a trade organization that consists of 142 countries around the world.
- A good meant to last for a short time or have a one-time use.
- Inexpensive items that require little effort to buy, usually unplanned purchases.
- A factor of production; money, buildings, equipment and tools used to run a business.
- When a country is able to produce more of a given product than another, it has a(n) __________.
- When a country earns more on exports than it spends on imports, there is a ________.
- The study of the economics of an entire country.
- The point where the supply curve and the demand curve intersect.
- A factor of production; everything contained in the earth or sea.
- When a country spends more on imports than it earns on exports, there is a ________.
- This acronym represents an agreement that made trade easier among the U.S., Canada, and Mexico.
- In this type of economy, there is more government involvement than capitalist nations, but government runs key industries such as transportation and banking.
- Any good you can physically touch.
- The amount earned when calculating the equilibrium (price x qty).
- The Father of Economics.
- A good meant to last for years.
- A factor of production; all people who work.
- Taxes placed on imports.
49 Clues: The Father of Economics. • Taxes placed on imports. • All resources are limited. • The key to trade is __________. • A good meant to last for years. • Any good you can physically touch. • A factor of production; all people who work. • When producers do not make enough of a product. • The study of the economics of an entire country. • ...
Economics review 1 2022-09-07
Across
- study of the choices that individuals and societies make in the production, distribution, and consumption of goods
- compared to those it purchases from other countries
- desire, a longing, an appetite for something
- of the Austrian School of Economists also found the Diamond-Water Paradox
- Smith was a professor of___________ _______
- value of all the thing people own
- asks why rare items command high prices while necessities usually command low
- the human activity that results in the creation of goods and services
- habit of spending more than one can afford
- the wealth of nations (father of economics)
- in a free market resources are allocated with the greatest________
- that seeks to help those making decisions to make wise choices
Down
- difference in value of the goods that a country sells
- any system for the production, distribution and consumption of goods
- establishment of colonies and extensive territories created to benefit their mother countries
- used in the production and distribution of goods and services
- of goods, or performance of tasks, based upon comparative advantage
- worth that consumers attach to it
- on imported goods
- system for the production,distribution and consumption of goods and services
- source of wealth
- French term meaning "let alone"
22 Clues: source of wealth • on imported goods • French term meaning "let alone" • worth that consumers attach to it • value of all the thing people own • habit of spending more than one can afford • Smith was a professor of___________ _______ • the wealth of nations (father of economics) • desire, a longing, an appetite for something • ...
Economics and Consumerism 2022-06-17
Across
- Health care paid for by taxes.
- Tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service.
- Money made from a product or service above and beyond the cost of providing the product or service.
- Tax based on a percentage of a person's income.
- A condition where the costs of living increases as a result of raising prices and wages.
- A financial plan showing expected income and expenditures over a period of time.
- Healthcare payed for by individuals.
- A person or nation engaged in fighting during a war.
Down
- A concept in statistics that means the middle number in a set of data organized in order of least to most.
- A federal sales tax in Canada.
- Services provided by government to reduce economic inequalities and promote the well-being of citizens.
- Economic activity based on buying and selling products and services illegally.
- A decision made by consumers to stop buying a product or service as a way to bring about change.
- A state formally cooperating with another for a military or other purpose.
- A collection of weapons and military equipment stored by a country, person, or group.
- Misrepresenting what you earn to avoid paying taxes.
- A toll or tax charged by a government on goods which are imported and exported.
- A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.
- A commander of an army, or an army officer of very high rank.
- The wants and needs of consumers for products and services.
20 Clues: A federal sales tax in Canada. • Health care paid for by taxes. • Healthcare payed for by individuals. • Tax based on a percentage of a person's income. • Misrepresenting what you earn to avoid paying taxes. • A person or nation engaged in fighting during a war. • The wants and needs of consumers for products and services. • ...
Economics and Consumerism 2022-06-17
Across
- A condition where the costs of living increases as a result of raising prices and wages.
- Money made from a product or service above and beyond the cost of providing the product or service.
- A federal sales tax in Canada.
- Health care paid for by taxes.
- Tax based on a percentage of a person's income.
- Healthcare payed for by individuals.
- A concept in statistics that means the middle number in a set of data organized in order of least to most.
- A toll or tax charged by a government on goods which are imported and exported.
- A collection of weapons and military equipment stored by a country, person, or group.
Down
- Tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service.
- Services provided by government to reduce economic inequalities and promote the well-being of citizens.
- A financial plan showing expected income and expenditures over a period of time.
- Economic activity based on buying and selling products and services illegally.
- A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.
- A person or nation engaged in fighting during a war.
- A commander of an army, or an army officer of very high rank.
- A decision made by consumers to stop buying a product or service as a way to bring about change.
- Misrepresenting what you earn to avoid paying taxes.
- A state formally cooperating with another for a military or other purpose.
- The wants and needs of consumers for products and services.
20 Clues: A federal sales tax in Canada. • Health care paid for by taxes. • Healthcare payed for by individuals. • Tax based on a percentage of a person's income. • A person or nation engaged in fighting during a war. • Misrepresenting what you earn to avoid paying taxes. • The wants and needs of consumers for products and services. • ...
The Lorax Economics 2022-06-30
Across
- The Aunt's scarf
- "I am the Lorax, I ..... for the trees"
- the degradation of the natural spaces and the living things.
- Ted's family
- Ted's Transport
- the ability to continue doing something indefinitely
Down
- "where the birds never sing, and the grass never grows"
- plastic and fake
- axes
- Loss of species
- 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.
- loves trees
- The Thneed Entrepeneur
- ...... someone like you cares a whole awful lot, nothing is going to get better, its not.
- trufalla trees
- Air pollution from factories
- "A tree falls the way it ....."
- Making Zillions from selling fresh air
- Cuddly furry animals in Paradise
- how a business owner gets an income
20 Clues: axes • loves trees • Ted's family • trufalla trees • Loss of species • Ted's Transport • The Aunt's scarf • plastic and fake • The Thneed Entrepeneur • Air pollution from factories • "A tree falls the way it ....." • Cuddly furry animals in Paradise • how a business owner gets an income • "I am the Lorax, I ..... for the trees" • Making Zillions from selling fresh air • ...
Economics Unit 1 2022-02-11
Across
- A Factor of Production, tools and people
- Irreversible condition, there will not be more later
- Economic System controlled by buyers and sellers
- A point inside the line of a PPF
- Economic System based on tradition
- Economic System that has traits of all others
- A Factor of Production, idea to bring other factors together
- A Factor of Production, work that people do
- The opportunity cost of a curved line on a PPF
- Economic System where government controls all
- Economic System where government acts like a parent
- the method used by a society to produce goods
Down
- A point on the line of a PPF
- The opportunity cost of a straight line on a PPF
- Economic System where government acts like a referee
- Goods and Services, one can go without
- Goods and Services, there is no alternative
- The study of choices
- Economic System controlled by government
- Reversible condition, there will be more later
- Most desirable alternative given up
- Doesn't cost anyone, anything
- A Factor of Production, natural resources
- A point beyond the line of a PPF
24 Clues: The study of choices • A point on the line of a PPF • Doesn't cost anyone, anything • A point inside the line of a PPF • A point beyond the line of a PPF • Economic System based on tradition • Most desirable alternative given up • Goods and Services, one can go without • A Factor of Production, tools and people • Economic System controlled by government • ...
(Somewhat) Everything Economics 2022-10-07
Across
- the value of the next best alternative
- Costs (or benefits) that fall on others
- Trade _____ happens when exports are more than imports for a country
- a minimum price set by the government above equilibrium
- Adam Smith believed that people working in their own _____ would work hard and produce what consumers want
- A sustained decrease in the general price level of goods and services over time
- ____ opens new markets where surplus goods can be sold and allows for cheaper goods to be imported
- the relationship between price and the quantity producers are willing and able to provide
- goods which are produced abroad and sold in the United States
- ____ keeps prices low
- the relationship between price and the quantity consumers are willing and able to purchase
- a maximum price set by the government below equilibrium
- a period of increasing real GDP
- goods which are produced domestically and sold to other countries
- A rapid rise in the price level that leads to extremely high inflation
- Consumers buy more as their income increases and less as their income decreases
- Goods that benefit everyone but are not provided efficiently by the market, like fire protection
- division of labor
- Reduction in the inflation rate to a lower, but still positive rate
- the activity of coming up with the idea for and starting a business
- This type of unemployment occurs when there is a downward cycle in the economy
- _______ occur when you give up something to gain something else.
- _______ Advantage is when an individual, firm, or country has an advantage in the production of a good or service if it can produce more of a good than its trading partner.
- A sustained increase in the general price level of goods and services over time
- things or ideas that are used to encourage or discourage people from making choices
- Assuring consumers (and producers) have accurate information on which to base their decisions
- occurs when quantity supplied exceeds quantity demanded
Down
- Business conduct that reduces market competition
- goods that are excludable but nonrival (i.e. Netflix)
- The government answers the economic questions by dictating output and amount of production
- taxes on imports
- goods that non-excludable and non-rival (public parks, streetlights, national defense)
- an outright ban on imports from and/or exports to a particular foreign nation, usually for political reasons
- History, past actions, and culture determine the answers to the economic questions
- occurs at the price and quantity where the supply and demand curves cross
- Providing essential goods and services and maintaining a fair distribution of income because of this market failure
- Trade _____ happens when exports are less than imports
- Consumers answer the 3 economic questions by choosing which products and services to buy
- human resources ;the effort people make at work
- the end of a contraction in real GDP and the beginning of an expansion
- Consumers buy less as their income increases and more as their income decreases
- The market value of all final goods and services produced within a country’s borders in a given period of time
- occurs when quantity demanded exceeds quantity supplied
- when real GDP stops increasing at the end of an expansion and the start of a contraction
- goods that are excludable and rival (i.e. bicycles and candy bars)
- a measure of how efficiently an economy is using its available factors of production.
- This type of unemployment occurs when a job requiring a specific skill set is no longer needed, either in a specific industry, geographic area, or both.
- limits on the quantity of goods that can be imported
- ________ occurs there are not enough resources to produce all the goods and services that people want.
- goods that are non-excludable but rival (i.e. the environment and wildlife)
- the combination of two or more companies, whether through the creation of a new entity or by one absorbing the other
- Businesses have an incentive to produce what consumers want and to keep their production costs down
- _____ Advantage is when an individual, firm, or country has an advantage in the production of a good or service if it possesses a lower opportunity cost than its trading partner.
- includes tools, machines, buildings
- one of the factors of production; aka natural resources; example: crops, water, and minerals
- This type of unemployment occurs when jobs requiring certain skills are available and people with those skills are available, but the two have not matched up yet.
- shows the maximum amount of output that can be made using the current amount of resources and technology
- a significant, prolonged decline in economic activity spread across the economy, usually indicated by a decline in real GDP
58 Clues: taxes on imports • division of labor • ____ keeps prices low • a period of increasing real GDP • includes tools, machines, buildings • the value of the next best alternative • Costs (or benefits) that fall on others • human resources ;the effort people make at work • Business conduct that reduces market competition • limits on the quantity of goods that can be imported • ...
Social 30 Economics 2021-06-09
Across
- a practice where the government spends more money than they are in possession of or receives in revenue. This action is usually provided by the government when society is facing a recession.
- (two words) a political ideology that enforces the idea of human rights and liberties, as well as full economic freedom. This means that a society with this system condemns government intervention on the economy.
- (two words) set of laws a nation follows in order to regulate flow of money, i.e. the interest rates and value of money in a country.
- amount of money borrowed or owed. Governments suffer from this when they have no money to provide for the country or when facing a recession.
- (two words) a type of government regulation where the government acquire money from the people depending on their income, i.e. more money will be obtained from the rich in order to provide for the poor; Robin Hood
- (two words) the unequal distribution of wealth between social classes and duties.
- last name of a former female prime minister of the UK. Firmly believed in trickle down economics as well. She sold off public property and reduced welfare benefits.
- (two words) mainly associated with Robert Owen, an ideology that advocates for a perfect society where poverty is eradicated. The proletariat has control over the economic and political system.
- (two words) emphasizes the equal distribution of wealth in a society through the process of progressive taxation.
- (two words) established by FDR, it is a multiple of measures to help American citizens to cope and rise back from the adversities of the great crash. Notable measures include the three R’s and alphabet agencies.
- (two words) the use of government revenue relating to the spending and tax rates of an economy. This policy is closely looked upon within Keynesian economics.
- a situation where a person is unable to find a job and cannot find a sustainable form of income/wage. This tends to increase during times of recession and decrease during times of prosperity.
- although there is the presence of inflation, unemployment rate appears to be high and economic growth declines due to lack of consumerism.
- (two words) a time preceding the roaring twenties where the US experienced an economic crash that led to high rates of unemployment and low levels of revenue or economic prosperity. This event affected the whole world too, and was only over due to the rise in economy in World War II.
Down
- (three words) also known as supply side economics, this right-wing theory admonishes government intervention instead. It believes that the invisible hand will maintain economic stability and prosperity.
- (two words) an economic system that focuses on the wellbeing of its people. A government that adopts this system still believes in the idea of private ownership and individualism, but it will prioritize protecting its people with social programs.
- (two words) also known as demand side economics, this left-wing theory advocates for government intervention in the economy increase in government spending, lower taxation and interest rates during recession, while doing the opposite in times of inflation.
- last name of the 40th president of the United states. Formerly an actor, he joined the republican party and later got elected in 1981. Was a believer of trickle down economics.
- (two words) a collection of regulations and programs FDR set up during his New Deal, notable for their acronyms, e.g. AAA, CCC, FERA, WPA, or NRA.
- acronym of the 32nd president of the united states. Succeeding Herbert Hoover, this president established the new deal in response to the great depression.
- (two words) an economic system in which some government intervention is implemented in order to combat unequal distribution of wealth. Although there is a free market economy, the government is allowed a limited amount of regulation in regards to fiscal policies and economics laws such as minimum wage. Sweden adopts this type of economy.
- (two words) the idea that the economy circles through a boom and bust phase, in which tremendous inflation would eventually lead to recession, and vice versa.
- developed by Karl Marx, it is a political and economic ideology that believes in the elimination of social classes. There is a true equal distribution of wealth
- (Two words) This motivating factor of capitalism was first developed by Adam Smith. This selfish motivation will promote a better society as others will work harder. For example, when the common person notices that the Rich spend money on luxurious yachts, cars, and homes it motivates the common person to work harder to achieve a better lifestyle.
- the economic idea that the government should have no involvement in the market. It is an idea that stems from classical liberalism. “Hands off” the economy!
25 Clues: (two words) the unequal distribution of wealth between social classes and duties. • (two words) emphasizes the equal distribution of wealth in a society through the process of progressive taxation. • (two words) set of laws a nation follows in order to regulate flow of money, i.e. the interest rates and value of money in a country. • ...
Economics Final Project 2021-06-06
Across
- What determines your creditworthiness?
- What type of unemployment is when people choose to leave their job to find a better one?
- What is the tax on the manufacture or sale of selected items such as gasoline and liquor?
- The study of economics is about what two things?
- What is a fundamental principle of economic theory which states that keeping other factors consistent and increase in price results in increase in quantity supplied?
- what is aggregate demand also known as?
- When there are more Products then normal its called what?
- Since wealthy people tried to avoid paying the estate tax by giving away their property before they died, what tax was passed to prevent this?
- The power to increase or decrease the money supply is what policy?
- What is the economic indicator for full employment?
- What is the tax a corporation pays on its profits called?
Down
- The ups and downs in the GDP over time is called what?
- What is the risk that the bank takes on when issuing a loan?
- ______ is how much the borrower puts into an investment.
- When a change in price causes a big change in quantity demand it's called what?
- What is a risk taking individual in search of getting money called?
- What can help a borrower secure loans?
- The potential benefits an individual, investor, or business misses out on when choosing one alternative over another is called what?
- What is it called when there is a change in the buyers real income when a price changes?
- A material or thing that is wanted by people is called a what?
- A shrinking economy is also known as what?
- What is the term for the tools, equipment, machinery, and factories used in the production of goods and services?
- What % is the recommended amount you should put into savings?
- What keeps track of how many dollars worth of goods and services are made in a country overtime (Typically one year)?
- The point where the supply curve and demand curve cross is called what?
25 Clues: What determines your creditworthiness? • What can help a borrower secure loans? • what is aggregate demand also known as? • A shrinking economy is also known as what? • The study of economics is about what two things? • What is the economic indicator for full employment? • The ups and downs in the GDP over time is called what? • ...
Economics Crossword Puzzle 2021-08-03
Across
- the purchase of new equipment, buildings, vehicles and plants.
- on capital goods and includes spending on new buildings and infrastructure.
- Tools and machinery that are used to produce goods and services.
- are documents certifying that a proposed building complies with the relevant building regulations.
- a small number of businesses that dominates the market
- when people overseas spend on goods and services that are produced in Australia.
- are products that work in unity.
- factors of production which include land, labour capital goods and entrepreneurship
- the physical activities that people do for others that are sold and purchased
- is when you sell assets such as real estate and shares that will result in large sums of money/income.
- An Australian resident company is subject to company tax, which means a tax is charged on the company’s income.
- is when two or more firms agree to not compete against each other but instead join together to manipulate the market.
- limited
- factors that make it hard for firms to start up or enter a certain industry
- resource rent tax is a tax on profits typically generated from the sales made from oil and gas products.
- is an annual tax based on the total taxable value of all the land you own in Victoria.
- items being sold to consumers
- consumers spend their income on goods and services from overseas producers/businesses.
- the cost to businesses of employing labour.
- Human effort into producing goods and services.
- a model that is used to demonstrate how money moves through society.
- are statistics that are generally used to measure economic growth.
- skills and talent used to successfully produce a concept.
- the process of turning resources into goods and services
- the amount of an item that a business has in stock to sell
- unlimited
- is a tax on cars when the GST is above the threshold of 33%.
- money that is typically received on a regular basis
- goods and services that are necessary in order to service
- is a national broad-based consumer tax on most goods and services sold or consumed in Australia.
- home buyers grant, are individuals who purchase a property for the first time.
- when businesses are able to set the price that they want due to high market power.
- Anything from the Earth that has economic value.
- when businesses are forced to take whatever price is determined by the marketplace due to little market power.
- the number of customers desiring to purchase a good or service being supplied
- is when a business lowers their prices to drive a competitor out of the market.
- refers to the quality of life.
- the responsiveness to price change.
- is when you borrow money to invest.
- is 2% of your taxable income, in addition to the tax you pay on your taxable income. It helps cover medical funds.
- one business that dominates the market
- the rates councils charge on properties in their area. Calculated by the value of the property times rate in the dollar.
Down
- money paid to cover the cost of your waste and recycling services.
- refers to the tax on goods and services when they are transferred across international borders.
- Price of one product in comparison to another.
- competition a market structure where competition is at its best
- allocation of resources maximising the use of resources to satisfy the needs and wants of society.
- is an alternative product.
- cost when you are forgoing something to gain something.
- Income after tax.
- people who make goods and services
- benefits tax is a tax paid by employees to help benefit themselves and their families.
- is statistical data used to determine whether Australia is progressing as a nation.
- expenditures on individual and collective consumption goods
- when responsiveness to price change is low.
- a percentage of income that is levied by the government.
- refers to having access to goods and services.
- the total value of all goods and services that producers are able to supply.
- When consumers are optimistic about their future.
- is a better measure of economic growth as it measures the value of goods and services produced in Australia, however it does not include inflation.
- occurs when there are limited resources and unlimited wants
- it occurs when competitors agree on pricing rather than competing against each other.
- goods and services that are desired but are not necessary to survive
- an oligopoly with 2 businesses
- it is an illegal act in which corporations inform their rivals about price actions and intentions.
- Australian Competition Consumer Commission
- when banks loan money to people/businesses.
- is used as an indicator of changes in well-being in Australia.
- spending the government uses money collected through taxation.
- when a business is optimistic about its future.
- when producers allocate their resources to a point where they feel it is technically efficient.
- What causes consumers to purchase more or less.
- another word for customers ( people who purchase the goods and services)
- is an amount of money that you may have to pay if you are believed to have broken certain laws.
- tax is a self-assessed, general purpose state and territory tax assessed on wages paid or payable by an employer to its employees.
- the study of how individuals, businesses and the government allocate scarce resources
- rather than spending money on goods and services consumers instead store it.
- using all the resources available to produce the maximum amount of wanted goods and services
- is a tax levied by state or territory governments on certain purchases.
- a diagram illustrating the choices or options available when deciding how to allocate scarce resources
80 Clues: limited • unlimited • Income after tax. • is an alternative product. • items being sold to consumers • an oligopoly with 2 businesses • refers to the quality of life. • are products that work in unity. • people who make goods and services • the responsiveness to price change. • is when you borrow money to invest. • one business that dominates the market • ...
Economics Crossword Puzzle 2021-04-19
Across
- the process of concentrating on and becoming expert in a particular subject or skill.
- the state of being scarce or in short supply; shortage.
- is a person or a group of people living in the same residence.
- a useful or valuable thing, person, or quality.
- an amount of something left over when requirements have been met; an excess of production or supply over demand.
- wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
- the resource that encompasses the natural resources used in production
- the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- a person who supports or believes in the principles of communism.
- the activity or condition of competing.
- a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another
Down
- a situation in which nothing can be improved without something else being hurt.
- is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
- a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
- to utilize less than fully or below the potential use.
- work, especially hard physical work
- the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved
- for-profit business, usually formed as a partnership that provides professional services, such as legal or accounting services
- something, typically money, that is owed or due.
- require the payment of (a specified sum of money) before it can be acquired or done.
- are items that satisfy human wants and provide utility
21 Clues: work, especially hard physical work • the activity or condition of competing. • a useful or valuable thing, person, or quality. • something, typically money, that is owed or due. • to utilize less than fully or below the potential use. • are items that satisfy human wants and provide utility • the state of being scarce or in short supply; shortage. • ...
Economics Crossword Puzzle 2021-04-29
Across
- The freedom of individuals and businesses to regulation.
- Process of breaking up a task or job into smaller tasks.
- Legal proceeding involving a person or business that is unable to repay their outstanding debts
- Physical, mental, and social effort used to produce goods and services in an economy.
- An individual who creates a new business.
- Something needed to survive.
- the theory that spending money and consuming goods is good for the economy.
- The amount of an individual's income that is left for spending, investing, or saving after taxes.
- Businesses earn ______ from selling goods or services above their cost of production.
- Storage of resources.
- An economic system in which private individuals or businesses own capital goods.
- the intent to achieve a gain in a project, transaction, or material endeavor.
- The price of producing one additional unit of a good.
Down
- Raw materials found in nature that can be used for economic production or consumption
- The study of a national economy as a whole.
- The marketplace where final goods or services are sold to businesses.
- Common _______ include payments to suppliers, employee wages, and factory leases.
- Something that people desire to have.
- The study of economics at an individual, group, or company level.
- The organization has a large annual ______ that they are allowed to spend every year.
- The state of being able to create at a high quality and quick speed.
- The amount of money that an individual has to spend or save after income taxes have been deducted.
- A place where production factors are purchased and sold.
- The study of how society uses its limited resources.
- An increase in the price of a good or service will decrease the quantity ______.
- The ability to compete fairly and successfully in markets for traded goods and services.
- The buying of goods without planning to do so in advance
- Human-created assets that can enhance one's power to perform economically useful work.
28 Clues: Storage of resources. • Something needed to survive. • Something that people desire to have. • An individual who creates a new business. • The study of a national economy as a whole. • The study of how society uses its limited resources. • The price of producing one additional unit of a good. • The freedom of individuals and businesses to regulation. • ...
Economics Crossword Puzzle 2021-05-11
Across
- Name of person/business who receives the money
- a written order to the bank
- amount of physical, mental, and social
- balance a ____ ___ ___ when you receive the statement
- can be used to ____ money through the mail
- checks are __ than cash
- a cancelled check is a ____ ___ of payment
- money
- item that satisfies human want
- for recording the purpose
- a bank's record of your checking account which you receive monthly
- items offered for sale
Down
- transactions with no physical good
- process of bringing your check record and bank statement into agreement
- a checkbook register when you write each check
- potential benefits
- worth
- resources
- signing the back of the check
- employment
- purchaser
- a deposit account held at a bank
- value of all assets
- Owner of their own business
- electronic fund transfer
- automated teller machine
26 Clues: worth • money • resources • purchaser • employment • potential benefits • value of all assets • items offered for sale • checks are __ than cash • electronic fund transfer • automated teller machine • for recording the purpose • a written order to the bank • Owner of their own business • signing the back of the check • item that satisfies human want • a deposit account held at a bank • ...
Economics ABC book 2023-11-15
Across
- a severe recession that continues for a long period of time.
- when the Federal Reserve buys or sells bonds.
- the rapid increase in prices, inflation that is out of control.
- popular type of auto financing that allows you to “rent” a car from a dealership for a certain length of time and amount of miles.
- The difference between what you owe on your mortgage and what your home is currently worth.
- when an economic expansion hits a high point. The economy is BOOMING
- The Market Value of all final goods and services produced in a country in a year.
- Security that represents the ownership of a fraction of the issuing corporation. Units of stock are called "shares"
- the economy is growing and improving.
- When GDP is negative for two consecutive quarters. The economy is doing poorly.
- The percentage of unemployed workers in the total labor force.
- The money paid to a worker in return for their work.
- The market in which employers search for employees, and where employees search for jobs.
- says that too much money in the economy causes inflation. The general price level of goods and services is directly proportional to the amount of money in circulation
- Current price estimates of GDP that are obtained by expressing values of all goods and services produced in the current reporting period.
- spending by people abroad on U.S. goods and services (exports) minus spending by people in the U.S. on foreign goods and services (imports).
Down
- members of a particular organization or population who are able to work, viewed collectively.
- Central banking system of the United States of America.
- A product used to produce a final good or finished product
- a way of budgeting where your income minus your expenses equals zero.
- an index used to calculate the inflation rate.
- illustrated graph of the growth and decline of an economy as economic activity increases and decreases periodically.
- A bottom or low point. Marks the end of a recession or depression
- The Federal Reserve uses its ______________ tools to increase and decrease the MONEY SUPPLY.
- When you are unemployed because your skills don’t match the job(s) available (consumer preferences) Jobs that are permanently lost; workers skill do not match the jobs that are available or in demand
- Spending by businesses on machinery, factories, Equipment, tools, and construction of new buildings.
26 Clues: the economy is growing and improving. • when the Federal Reserve buys or sells bonds. • an index used to calculate the inflation rate. • The money paid to a worker in return for their work. • Central banking system of the United States of America. • A product used to produce a final good or finished product • ...
economics vocab 1 2023-08-23
Across
- benefits or costs of an action that influence peoples decisions and behavior
- focuses on the workings of an economy as a whole
- use of government spending and taxation to influence the economy
- unlimited wants + limited resources
- balance that remains when all of a business´s operating expenses are subtracted from its revenues
- the inputs used to produce a good or service in order to produce income
- how much a certain product, item, commodity, or service suppliers is willing to make available at a particular price
- a rise in prices
- what you give up when you make a choice
- offering better products at a cheaper price creating turbulance
Down
- looks at economic decision making by individuals, households, and businesses
- targeted fiscal and monetary policy intended to elicit an economic response from the private sector
- when an individual who is not employed
- highest valued trade off is the next best alternative
- a situation where the demand does not meet the supply of goods and services
- one that acquires goods or services for direct use or ownership rather than for resale
- cost of borrowing money, expressed as a percentage of the amount borrowed
- how much of that product, item, commodity, or service consumers are willing and able to purchase at a particular price
- relating to money
- relationship between consumers and producers who benefit from a transaction
- a market in which the industry is dominated by a few companies that are each influential participants in the market
- leave alone
- a market structure where a single seller or producer assumes a dominant position in an industry
23 Clues: leave alone • a rise in prices • relating to money • unlimited wants + limited resources • when an individual who is not employed • what you give up when you make a choice • focuses on the workings of an economy as a whole • highest valued trade off is the next best alternative • offering better products at a cheaper price creating turbulance • ...
Behavioral Economics Vocabulary 2023-08-23
Across
- you go through a positive or negative experience or event
- When a person believes they are better at something than they actually
- Media Marketing The use of social media platforms and websites to promote a product
- Bias A subconscious error in thinking that leads to irrational decision
- Bias The tendency people have to be more confident in their own abilities
- When a person mistakenly believes they are better than others
- Cost Fallacy The tendency to make decisions about a current situation based on
- behavior and to explain economic decision making
- you own has been replaced with cash, then determining whether you would prefer to keep the cash or buy the item back
- (Fear of Missing Out) The tendency to feel anxiety/fear that an exciting or interesting event may currently be happening elsewhere, often aroused by posts seen on a social media website
Down
- Test A strategy used to combat loss aversion by imagining that overnight
- Economics The subfield of economics that applies psychological insights into
- of comparable magnitude
- resources you have already invested in the situation
- and to ignore or distort contradictory evidence
- Adaptation The tendency to return to a baseline level of happiness regardless of
- service
- When a person has an exaggerated certainty that an answer is correct
- Effect The tendency to put more value on things you already own
- you
- Aversion The tendency to regard losses as considerably more important than
- Bias The tendency to search for information that supports our
- Costs Costs that have already been incurred and cannot be recovered
- Mentality The tendency to conform to the behaviors and beliefs of the people
24 Clues: you • service • of comparable magnitude • and to ignore or distort contradictory evidence • behavior and to explain economic decision making • resources you have already invested in the situation • you go through a positive or negative experience or event • When a person mistakenly believes they are better than others • ...
Economics And Business 2023-11-19
Across
- An item that a business has decided not to produce.
- A monetary charge that needs to be paid for borrowing money.
- Items that bring satisfaction and usefulness to consumers.
- The supply and demand for houses
- Selling price - Cost to produce
- The quantity demanded by consumers decreases as prices rise, then increases as prices fall.
- A person who works for a salary.
- The higher the price that a good or service can be sold for, the higher the quantity that suppliers are willing to produce.
- A person who buys goods or services for their own use
- A place where anything can be bought or sold. Also where producers and consumers interact.
- Something that is required to live a safe and healthy life
- When your wants are unlimited, but the resources are limited
Down
- When goods or services affect the supply and demand of goods and services, due to how high or low the demand is to determine the price of a product.
- Make an effort to purchase goods and services that do not have a negative impact on other people, animals, or the environment.
- A person or organisation that recruits people to be employed.
- Something that isn't necessary but will bring satisfaction
- An item that requires money or fortune in return.
- An act that can be bought by a consumer.
- The availability of workers and the cost to employ them.
- A person who owns a property then rents it to others to use.
- A person, company or country that makes, grows or supplies goods or products for sale
- Someone who is using a property owned by a landlord.
22 Clues: Selling price - Cost to produce • The supply and demand for houses • A person who works for a salary. • An act that can be bought by a consumer. • An item that requires money or fortune in return. • An item that a business has decided not to produce. • Someone who is using a property owned by a landlord. • A person who buys goods or services for their own use • ...
Economics Vocab Crossword 2023-11-28
Across
- gap between exports and imports
- supply supply responds less than proportionately to a change in price; i.e. the percent change in quantity supplied is less than percent change in price
- a significant decline in national output. Typically lasting a minimum of six months.
- during the business cycle, the lower point of output in a recession, before a recovery begins.
- an increase by society in the average level of physical and/or human capital per person
- product which is intangible such as entertainment, healthcare or education
- GDP divided by the population
- a good that lasts three or more years.
- when one country can use fewer resources to produce a good compared to another country; when a country is more productive compared to another country
- Advances in knowledge
- all elements that affect people's happiness, whether these element are obtained through market transactions or not
Down
- an especially lengthy and deep decline in output
- the relatively short-term movement of the economy from recession to expansion
- good that has been produced, but not yet sold
- during the business cycle, the highest point of output before a recession begins
- supply responds more than proportionately to a change in price; i.e. the percent change in quantity supplied is greater than percent change in price
- when a country can produce a good at a lower cost in terms of other goods; or, when a country has a lower opportunity cost of production
- the price of an item multiplied by the number of units sold: TR = P x Qd
- quantity of output produced per worker, or per hour worked
- the accumulated skills and education of workers
20 Clues: Advances in knowledge • GDP divided by the population • gap between exports and imports • a good that lasts three or more years. • good that has been produced, but not yet sold • the accumulated skills and education of workers • an especially lengthy and deep decline in output • quantity of output produced per worker, or per hour worked • ...
Year 7 Economics 2023-11-14
Across
- (7): One who purchases goods or services.
- (7): Sketch or summary.
- (5): The amount of money required.
- (8): Commercial activity.
- (7): Examine for similarities and differences.
- (6): Consumer desire for a product.
- (5): A general direction in which something is developing.
- (7): Examine in detail.
- (9): The amount of money spent.
- (8): Assess or judge the value or quality.
- (7): Foretell or estimate a future event.
- (5): Desires that go beyond basic needs.
- (4): A tangible product.
Down
- (6): A location where buyers and sellers meet.
- (7): Make clear or understandable.
- (6): Someone who starts and operates a business.
- (7): The wealth and resources of a country.
- (5): Standard quantities.
- (7): A person or company that makes goods.
- (6): The amount of a product available.
- (5): Essential requirements for survival.
- (7): Intangible work provided.
- (10): Rivalry between businesses.
- (8): Limited availability of resources.
24 Clues: (7): Sketch or summary. • (7): Examine in detail. • (4): A tangible product. • (5): Standard quantities. • (8): Commercial activity. • (7): Intangible work provided. • (9): The amount of money spent. • (10): Rivalry between businesses. • (7): Make clear or understandable. • (5): The amount of money required. • (6): Consumer desire for a product. • ...
Economics Crossword Puzzle 2023-09-18
Across
- all goods and factors of production in an economy are distributed
- a legal entity separate from its owners
- all naturally occurring resources as well as geographic land
- people who fill a position for a short period of time
- share in the ownership of a company
- the activity or condition of competing
- means of distribution should be regulated by the community as a whole
- a political theory derived from Karl Marx
- individuals who engage in hard manual labor
- an arrangement whereby a place of employment requires current membership in a specific union as a condition of employment
- a single producer that excludes competition from providing the same product
- working people, through their unions, negotiate contracts with their employers to determine their terms of employment
- the state of being scarce or in short supply
- man-made goods that assist in the production process
- persons or positions where a level of basic knowledge, experience, or training
- requires the highest levels of education and training
- the loss of potential gain from other alternatives when one alternative is chosen
- tradeoff governments face in spending on national defense or on domestic programs
- a mechanism for resolving disputes between investors and brokers
- work, especially hard physical work
- individuals who work in jobs that require like college degrees and advanced degrees
- the only provider of a product in an geographic location
- when the price of a product goes up, the quantity demanded will go down
Down
- defined by office jobs and management, and not "getting their hands dirty."
- a union founded in 1869
- a loose amalgamation of skilled craft unions
- country's trade and industry for profit
- items that satisfy human wants, provide utility or usefulness and are scarce
- the intervention of a third person, or mediator, into a dispute to assist the parties
- a small number of firms that control the market
- collective refusal by employees to work under the conditions required by employer
- rely on habit,custom or,rituals
- a workforce segment associated with a limited skill set
- use of taxation to redistribute wealth
- the business practice of hiring a party outside a company to perform services
- factors that can prevent newcomers into a market
- requires (something) because it is essential or very important
- gives workers the freedom to choose whether or not to join a labor union in the workplace
- A business that employs workers without regard to union membership
- the economic value of a worker's experience and skills
- have a desire to possess or do (something)Scarcity
- the government grant of monopoly on an invention for a limited amount of time
- Government owns both land and capital
- a financial gain
44 Clues: a financial gain • a union founded in 1869 • rely on habit,custom or,rituals • share in the ownership of a company • work, especially hard physical work • Government owns both land and capital • the activity or condition of competing • use of taxation to redistribute wealth • a legal entity separate from its owners • country's trade and industry for profit • ...
Industrial Revolution-Economics 2023-10-22
Across
- Policies and goods pertaining to WITHIN the country and its colonies
- Countries or areas under the full or partial political control of another country, usually far away from the mother country.
- Prior to the Industrial Revolution Britain’s main source of income came from this.
- The total amount of income generated by the sale of goods or services by a business
- The total amount of costs incurred to operate a business
- and services provided by a producer
- Money used to build, run, or grow a business
- A policy of extending a country's power and influence through diplomacy or military force
- Policies and goods pertaining to OUTSIDE the country
- A person who owns, organizes, and operates a business
- policy demanding all industry and manufacturing were done domestically
- The development of industries in a nation.
Down
- you have a greater supply than you are able to sell
- The largest and wealthiest slave colony for the British Empire
- that purchase goods and services from producers
- An extensive group of states or countries under the rule of a single nation
- Acts designed to ensure all British colonies would ONLY trade with England
- The money earned by a business after all expenses are paid out
- you have a smaller supply than you are able to sell
- An economic and political system in which a country's trade and industry are controlled by private owners for profit
- that provide goods and services
- and services wanted for purchase by consumers
- After the American Revolution, England gained land in the Caribben from wars with this country
- Trade route used to transport goods in exchange for slaves between West Africa, Britain, and the Colonies
- Improvements in credit and _______________ allowed for businesses to get the money they needed.
25 Clues: that provide goods and services • and services provided by a producer • The development of industries in a nation. • Money used to build, run, or grow a business • and services wanted for purchase by consumers • that purchase goods and services from producers • you have a greater supply than you are able to sell • you have a smaller supply than you are able to sell • ...
Intro to Economics 2020-08-04
Across
- when a foreign suppliers sells a good blow the price it charges in its home country
- thinking,requires purposeful evaluation of the available opportunities to make the best decision possible
- voluntary exchange of goods and services
- industry argument, states that domestic industries need trade protection
- surplus, when exports exceed imports
- how people allocate their limited resources
- rate, price of foreign country currency per unit of another foreign countries currency
- advantage, when a person, business or country produces at a lower opportunity cost than other competitors
- exchange market,currencies of different countries traded
- factors that motivate a person to act or exert effort
- taxes levied on imported goods/services
- trading a good they already have for something they want
Down
- limited resources, unlimited wants
- study of individual units that make up economy
- brings buyers and sellers to exchange goods and services
- balance, difference between total exports and imports
- demand, demand for a good or service that derives from the demand for another
- when someone focuses on his or her skills to become an expert in a particular area
- advantage, producing more than another producer with the same amount of resources
- thinking, requires decision makers to evaluate whether the benefit of one more unit of something is greater than its cost
- study of overall aspects and workings of an economy
- deficit, imports exceed exports
- costs, highest-valued alternative that must be sacrificed to get something else
- deprecation,
- appreciation, when currency becomes more valuable relative to other countries
25 Clues: deprecation, • deficit, imports exceed exports • limited resources, unlimited wants • surplus, when exports exceed imports • taxes levied on imported goods/services • voluntary exchange of goods and services • how people allocate their limited resources • study of individual units that make up economy • study of overall aspects and workings of an economy • ...
Economics Glossary Words 2020-04-28
Across
- An organization that sells goods
- Where actions by one party have impacts on another, particularly economically.
- The study of how people use scarce resources to satisfy needs and wants
- Final users of goods and services to satisfy their needs and wants
- Basic units used to make goods and services
- Reward for the use of resources
- A system which allows private ownership of the factors of production
- Physical items used by consumer and services for a profit
- Situation where demand is greater than supply
- Equipment used to make goods and services
- Institution which handles money for households and firms
- Ability to combine all resources to make something (plan, recipe, system etc)
- chain Complex group of firms in many countries each producing a component of a final product.
- Organisations that make goods and services
- Payment earned by entrepreneurs
- Money paid at a particular rate for the money lent
- Compulsory government levy
- Goods and services which we desire but don’t need
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Goods and services sold overseas
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
Down
- Goods and services bought from overseas
- Basic necessities for life
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- All human effort, both physical and intellectual
- That part of earnings not spent
- Organization with authority to make decisions for the population
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- An economy where people produce only enough goods and services for their own family
- Cost The cost of the next-best alternative opportunity
- Financial assistance given to people by the Government
- Action of only doing one part of the process
- market Place where factors of production are bought and sold.
- Payment per hour for labour
- All resources provided by nature
- Place where goods and services are bought and sold.
- A system where factors of production are owned by the government
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Payment per year for labour
- Payment for use of land
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Purchase of new capital
- Actions done for consumers by producers
- Used to pay for goods and services
45 Clues: Payment for use of land • Purchase of new capital • Basic necessities for life • Compulsory government levy • Payment per hour for labour • Payment per year for labour • That part of earnings not spent • Reward for the use of resources • Payment earned by entrepreneurs • An organization that sells goods • All resources provided by nature • Goods and services sold overseas • ...
Year 9 Economics 2020-04-28
Across
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Action of only doing one part of the process
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- All resources provided by nature
- Cost The cost of the next-best alternative opportunity
- Basic units used to make goods and services
- Purchase of new capital
- Basic necessities for life
- Reward for the use of resources
- Place where goods and services are bought and sold.
- A system which allows private ownership of the factors of production
- Payment per year for labour
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- market Place where factors of production are bought and sold.
- Payment per hour for labour
- The study of how people use scarce resources to satisfy needs and wants
- Used to pay for goods and services
- 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
- Equipment used to make goods and services
Down
- Ability to combine all resources to make something (plan, recipe, system etc)
- Financial assistance given to people by the Government
- Payment earned by entrepreneurs
- All human effort, both physical and intellectual
- Final users of goods and services to satisfy their needs and wants
- A system where factors of production are owned by the government
- Goods and services sold overseas
- Physical items used by consumer and services for a profit
- Payment for use of land
- An organization that sells goods
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
- Organization with authority to make decisions for the population
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- Institution which handles money for households and firms
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Actions done for consumers by producers
- Where actions by one party have impacts on another, particularly economically.
- That part of earnings not spent
- Organisations that make goods and services
- An economy where people produce only enough goods and services for their own family
- Goods and services bought from overseas
- Situation where demand is greater than supply
- Goods and services which we desire but don’t need
- Compulsory government levy
- chain Complex group of firms in many countries each producing a component of a final product.
45 Clues: Payment for use of land • Purchase of new capital • Basic necessities for life • Compulsory government levy • Payment per year for labour • Payment per hour for labour • Payment earned by entrepreneurs • Reward for the use of resources • That part of earnings not spent • Goods and services sold overseas • An organization that sells goods • All resources provided by nature • ...
Year 9 Economics 2020-04-28
Across
- An organization that sells goods
- Where actions by one party have impacts on another, particularly economically.
- The study of how people use scarce resources to satisfy needs and wants
- Final users of goods and services to satisfy their needs and wants
- Basic units used to make goods and services
- Reward for the use of resources
- A system which allows private ownership of the factors of production
- Physical items used by consumer and services for a profit
- Situation where demand is greater than supply
- Equipment used to make goods and services
- Institution which handles money for households and firms
- Ability to combine all resources to make something (plan, recipe, system etc)
- chain Complex group of firms in many countries each producing a component of a final product.
- Organisations that make goods and services
- Payment earned by entrepreneurs
- Money paid at a particular rate for the money lent
- Compulsory government levy
- Goods and services which we desire but don’t need
- Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- Goods and services sold overseas
- Income flows that are removed from the Circular Flow model. (savings, tax, imports)
- National Company A company which operates in several countries with its headquarters in the parent country. (Apple)
Down
- Goods and services bought from overseas
- Basic necessities for life
- of production Raw materials used to make goods and services (land, labour, capital & enterprise)
- All human effort, both physical and intellectual
- That part of earnings not spent
- Organization with authority to make decisions for the population
- National Company A company that operates in many countries with independent headquarters in each.(McDonalds)
- An economy where people produce only enough goods and services for their own family
- Cost The cost of the next-best alternative opportunity
- Financial assistance given to people by the Government
- Action of only doing one part of the process
- market Place where factors of production are bought and sold.
- Payment per hour for labour
- All resources provided by nature
- Place where goods and services are bought and sold.
- A system where factors of production are owned by the government
- market Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- Payment per year for labour
- Payment for use of land
- A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- Purchase of new capital
- Actions done for consumers by producers
- Used to pay for goods and services
45 Clues: Payment for use of land • Purchase of new capital • Basic necessities for life • Compulsory government levy • Payment per hour for labour • Payment per year for labour • That part of earnings not spent • Reward for the use of resources • Payment earned by entrepreneurs • An organization that sells goods • All resources provided by nature • Goods and services sold overseas • ...
Economics Crossword Puzzle 2016-05-11
Across
- A situation in which income exceeds expenditures.
- The total assets minus total outside liabilities of an individual or a company.
- The highest point between the end of an economic expansion and the start of a contraction in a business cycle.
- The means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
- An increase in the level of economic activity, and of the goods and services available. It is a period of economic growth as measured by a rise in real GDP.
- An economic system in which the production and distribution of goods are controlled substantially by the government rather than by private enterprise
- The macroeconomic policy laid down by the central bank.
- A policy by which a government does not discriminate against imports or interfere with exports by applying tariffs
- A broad measurement of a nation's overall economic activity
- The lowest remuneration that employers may legally pay to workers.
- A measure of the total output of a country that takes the gross domestic product (GDP) and divides it by the number of people in the country.
- A sustained increase in the general price level of goods and services in an economy over a period of time.
- A situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.
- An agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.
- He is well-known for his stance that national governments should attempt to smooth out the effects of expansion and contraction in the business cycle by using fiscal and monetary policy.
- A ratio between the output volume and the volume of inputs.
- When the demand for a product or service exceeds its supply in a market.
- The economic policy of restraining trade between countries
- The central bank of the United States and the most powerful financial institution in the world.
- An increase in public spending
- States that if countries specialise in producing goods where they have a lower opportunity cost – then there will be an increase in economic welfare.
- A market structure characterized by a single seller, selling a unique product in the market.
- Organization that aims to create economic peace and stability in the world through a multilateral system
- The "useful-ness" that a consumer obtains from any good.
- An individual retirement plan that bears many similarities to the traditional IRA, but the contributions are not tax deductible and qualified distributions are tax free.
- The economic problem of having seemingly unlimited human wants in a world of limited resources.
- A measure of a negative balance of trade in which a country's imports exceeds its exports.
- He is best known for his strong belief in free-market capitalism
- An economic system in which the means of production and distribution are privately or corporately owned
Down
- The level of employment rates where there is no cyclical or deficient-demand unemployment.
- He is particularly famous for his defense of free-market capitalism and is remembered as one of the greatest critics of the socialist consensus.
- A term used to identify federal programs like Medicare and Medicaid
- 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.
- A situation when the price charged is more than or less than the equilibrium price determined by market forces of demand and supply.
- 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.
- System by Karl Marx defining that all means of production are owned in common
- When the supply for a product or service exceeds its demand in a market.
- An economic system where few restrictions are placed on business activities and ownership
- Hands off government
- An increase in the value of one currency in terms of another.
- Type of money that is intrinsically useless object or record
- One of the most frequently used statistics for identifying periods of inflation or deflation.
- Money which is set aside for an emergency situation, such as unexpected unemployment or injury, or a natural disaster which destroys one's home and belongings.
- A market structure in which a small number of firms has the large majority of market share.
- A significant decline in economic activity spread across the economy, lasting more than a few months
- Series of statistical figures, such as the consumer price index or the gross domestic product, used by economists to predict future economic activity.
- A benefit given by the government
- analysis An examination of the additional benefits of an activity compared to the additional costs of that activity.
- He is known as the founding father of modern Economics, defined Economics as the study of the nature and causes of nations' wealth or simply as the study of wealth.
- A low turning point or a local minimum of a business cycle.
50 Clues: Hands off government • An increase in public spending • A benefit given by the government • A situation in which income exceeds expenditures. • The macroeconomic policy laid down by the central bank. • The "useful-ness" that a consumer obtains from any good. • The economic policy of restraining trade between countries • ...
economics chapter 9 2019-03-25
Across
- - tax on the value of a property, usually levied on real estate.
- - a tax on sales or on the receipts from sales.
- - a system that requires an employer to automatically deduct income taxes from an employee's paycheck and send it directly to the government.
- - is a supplemental income tax imposed by the United States federal government in addition to baseline income tax for certain individuals, corporations, estates, and trusts that have exemptions or special circumstances allowing for lower payments of standard income tax
- - A provision in the laws governing taxation that allows people to reduce their taxes
- - is a concept in the theory of taxation from public finance
- - is a tax imposed in such a manner that the average tax rate decreases as the amount subject to taxation increases
- - is a tax system with a constant marginal rate, usually applied to individual or corporate income
- - is a depreciation method whereby an asset loses book value at a faster rate than the traditional straight-line method
- - is the money that is taken out of workers' paychecks to pay older Americans their Social Security retirement and Medicare (Hospital Insurance) benefits
- - is a bureau of the Department of Treasury that is tasked with the enforcement of income tax laws and oversees the collection of federal income taxes
- - is the tax on money or property that one living person gives to another
- - is a tax in which the average tax rate increases as the taxable amount increases.
- - a profit from the sale of property or an investment.
Down
- - is a tariff or tax imposed on goods when transported across international borders.
- tax - An assessment levied by a government on the profits of a company
- - is basically a tax related incentive that allows individuals or entities to deduct a certain percentage of specific investment related costs from their tax liability apart from usual allowances for depreciation.
- - are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.
- - is notification from an employer to an employee or tax office detailing the taxes that have been withheld from an employee's pay.
- - is said to "fall" upon the group that ultimately bears the burden of, or ultimately has to pay, the tax
- - is levied on the wages, salaries, dividends, interest, and other income a person earns throughout the year
- - he tax rate is the ratio at which a business or person is taxed
- - is a progressive taxation principle that maintains that taxes should be levied according to a taxpayer's ability to pay
- - a tax on the amount by which the value of an article has been increased at each stage of its production or distribution.
- - are taxes paid when purchases are made on a specific good, such as gasoline
- - is a fee, tax, or impost payment paid to a facility owner or operator by a facility user as a necessary condition for using the facility
- - a tax on items considered undesirable or harmful, such as alcohol or tobacco.
27 Clues: - a tax on sales or on the receipts from sales. • - a profit from the sale of property or an investment. • - is a concept in the theory of taxation from public finance • - tax on the value of a property, usually levied on real estate. • - he tax rate is the ratio at which a business or person is taxed • ...
Economics Review 1 2019-03-28
Across
- occurs when market price is lower than equilibrium price
- type of economic growth where productive potential decreases
- human wants are ____
- the type of demand that occurs between milk and yogurt
- food, water, shelter, etc
- the type of specialization that occurs between countries
- the sector that includes raw material extraction
- the motivation behind a government's actions
- the demand for this good decreases as income increases
- occurs when market price is higher than equilibrium price
- location on the PPF where production is unattainable
- where quantity supplied is equaled to quantity demanded
- the type of supply that occurs between leather and beef
- a type of resource (ie coal, oil, copper, etc)
- the benefit forgone of the next best alternative
- most countries are this type of an economy
- the demand for this good increases as income increases
Down
- occurs because resources are finite
- the service sector
- the demand for this good increases as the price of another increases
- the demand for this good decreases as the price of another increases
- individuals, firms, government agencies
- output per unit of input employed
- ___ job satisfaction, a disadvantage of specialization
- a type of economy where goods are allocated by the price mechanism
- land, labour, entrepreneurship, ____
- a type of capital
- the sector where raw materials are transformed into goods
- workers who are lazy
- members of the workforce
- a type of economy where goods are allocated by the government
31 Clues: a type of capital • the service sector • human wants are ____ • workers who are lazy • members of the workforce • food, water, shelter, etc • output per unit of input employed • occurs because resources are finite • land, labour, entrepreneurship, ____ • individuals, firms, government agencies • most countries are this type of an economy • ...
Economics CH1 Terms 2019-09-12
Across
- / things people do for others to make money
- / what benefit I might get from something
- / tools, factories and distribution
- / looking the the economy of one group
- / labor, time,basic ability
- / What consumers want from goods and services
- / resources that can be used up eventually
- / looking at the economy as a whole country
- / ideas, processes to create and run/improve business
- / one product more made
- / resources used that cannot be gotten back
Down
- / the need to do the best for yourself
- / land, minerals, plants, animals
- / things given up by choosing one option over another
- / economist use these to predict consumer/country habits
- / resources that can be made again
- / a limited supply of anythings shows s------
- / households, government and the rest of the world
- / anything tangible item made for sale
- / how buyers and sellers meet
- / the cost of choosing the next best thing
- / how much of a thing is out there to buy
- / benefits offered to encourage consumer behavior
23 Clues: / one product more made • / labor, time,basic ability • / how buyers and sellers meet • / land, minerals, plants, animals • / resources that can be made again • / tools, factories and distribution • / the need to do the best for yourself • / looking the the economy of one group • / anything tangible item made for sale • / what benefit I might get from something • ...
Economics Key Vocabulary 2020-10-23
Across
- The human-made objects used to create other goods and services
- The cost added by producing one additional unit of a product or service.
- Land, labor, and capital; the three groups of resources that are used to make all goods and services
- The most desirable alternative given up as the result of a decision
- The study of scarcity and choice
- Basic requirements for human survival
- A reward or other enticement that encourages a behavior
- The development of skills in a specific kind of work; division of labor
- A person who starts up and takes on the risk of a business
- Market-based economic system with limited government involvement
- An economic system in which resources are primarily owned and controlled by the private sector
- Phrase coined by Adam Smith to refer to the self-regulating nature of a free marketplace.
- The principle that people may decide what, when, and how they want to buy and sell
Down
- The limited nature of society's resources
- The value of a particular product compared to the amount of labor needed to make it.
- The additional benefit associated with an action.
- People who work to produce goods and services
- The line on a production possibilities graph that shows the maximum possible output
- The methods societies use to produce and distribute resources.
- A penalty that discourages a behavior
- Raw materials from nature that are used to produce goods
- Desires that can be satisfied by consuming a good or service
- An economy consisting of mostly subsistence agriculture.
- The products and/or services that an organization produces
- An economic system in which the government controls a country's economy.
- The specific economic resources used in producing goods and services
26 Clues: The study of scarcity and choice • A penalty that discourages a behavior • Basic requirements for human survival • The limited nature of society's resources • People who work to produce goods and services • The additional benefit associated with an action. • A reward or other enticement that encourages a behavior • ...
Economics Vocabulary Quiz 2020-11-30
Across
- a written contract for insurance
- income, income after taxes have been deducted
- card, a card that allows users to make purchases through a limited personal loan, with the expectation that the money will be repaid at a later date, often with interest
- income, income before taxes have been deducted
- something that a person wants or works for
- a person's awareness of the special qualities he or she has, including skills, interests, and values
- the amount earned from wages or other sources
- a person's talents or abilities
- clusters, groupings of jobs and industries that are related by knowledge and skills
- the amount paid for an insurance policy
- money paid out-of-pocket before insurance covers the remaining costs
- card, a card that pays for a purchase directly from a checking account
- a charge for a loan, usually expressed as a percentage
- Flying mammal
- making, the process of choosing among alternative courses of action
- the amount spent to make purchases and pay bills
Down
- a person's preferred activities or hobbies
- Large marsupial
- Man's best friend
- a person's beliefs and ideals
- a fixed fee an insured person must pay for a doctor's visit, an outpatient service, or a prescription
- the possibility of financial loss or physical harm
- a careful plan for spending or saving within a certain period of time
- the result of a decision or action
- the ability of a consumer to buy goods or service before paying for them, based on an agreement to pay later
- cost, the next best alternative that is given up when a choice is made
- score, a standardized measurement of the potential for a borrower to repay debt
- the act of pledging yourself to a course of action
- Has a trunk
- Likes to chase mice
- a contract that protects a person against financial loss or damage
31 Clues: Has a trunk • Flying mammal • Large marsupial • Man's best friend • Likes to chase mice • a person's beliefs and ideals • a person's talents or abilities • a written contract for insurance • the result of a decision or action • the amount paid for an insurance policy • a person's preferred activities or hobbies • something that a person wants or works for • ...
