crossword

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Across
  1. 5. It occurs when there is only one supplier of a service
  2. 6. Who examined wealth accumulation and inquired whether property should be in the hands of private or public institutions
  3. 8. One of the features of economic analysis when there is not enough of resources to satisfy human wants
  4. 9. Explains the total value of goods and services that all households and firms would like to spend in a given period of time
  5. 11. He was considered the father of modern economics for his treatise An Inquiry into the Nature and Causes of the Wealth of Nations
  6. 12. It refers to all types of human input used in producing goods and services
  7. 13. It consists of all goods which help in the productive process– often known as capital goods
  8. 15. Resources provided by nature
  9. 17. It is often called factors of production
  10. 19. It’s the process of reasoning from particular to general
  11. 22. He rebuked the capitalist system, which he portrayed as exploitative and alienatin
  12. 23. It talks about the supply of money– the total quantity of money in the system and how fast it is rising or falling
  13. 25. A theory thaw was developed by the Birmingham School and Malthus (early 19th century) argued that government intervention must alleviate unemployment and economic fluctuations
  14. 26. It is one of the market structures that dominated by few firms
  15. 29. Is a social science that focuses on the study of past events
  16. 30. Typically results in a greater output being produced with the same or fewer inputs
Down
  1. 1. They have a large number of buyers and suppliers and no individual buyer or seller has influence over the market price
  2. 2. A distinguished school of thought, campaigned for free trade against mercantilism
  3. 3. Who provided modern macroeconomics with the basic analytic tools of demand and supply, consumer utility, and a mathematical framework for using those tools
  4. 4. It explains how many workers are needed to produce the goods and services needed to meet that demand
  5. 7. Originated in France and were most popular during the second half of the 18th century headed by Anne-Robert-Jacques Turgot and Francois Quesnay
  6. 10. A systematic study of the state and government
  7. 14. The first well-developed theory of economics
  8. 16. He is considered as the father of macroeconomics
  9. 18. A branch of science that studies the biological, psychological, social, and cultural aspects of human life- anthropology
  10. 20. A single purchaser in a market that has few or many sellers
  11. 21. It is the economic counterpart of political absolutism
  12. 24. The one who brings together all the resources of land, labor, and capital that are needed to produce a better product or service
  13. 27. The word “economics” is derived from ____ which means skilled in household management
  14. 28. Guides man in mind conditioning or individual perception decision-making