SS7 Economics Vocabulary
Across
- 3. a continued rise in prices or the supply of money
- 7. Economy, an economic system in which custom decides what people do, make, buy, and sell
- 9. the amount of a good or service that a producer wants to sell
- 10. Economy, an economic system in which a central government decides what goods will be made and who will receive them
- 11. to trade by exchanging one good or service for another
- 13. Cost, what is given up, such as time or money, to make or buy something
- 14. Money and goods used to help people make or do things
Down
- 1. a period of slow economic growth or decline
- 2. a good sent from one country to another in trade
- 4. a good brought into a country from another country
- 5. the act of running a business and taking
- 6. the growth in free trade between countries
- 8. the amount of something that a consumer wants to buy
- 12. the lack of a resource