Econ Vocabulary
Across
- 3. an economic system that uses barter instead of currency
- 4. the way people spend and make money
- 6. condition of being without a job
- 8. make the decisions
- 9. the number of people that can read and write
- 12. money owed by the government borrowed from citizens
- 14. total value of all goods and services produced in a year
- 18. using money in hopes of making a future profit
- 19. study of how people meet their wants and needs
- 21. an economic system where consumers and
Down
- 1. level of comfort enjoyed by a person or society
- 2. an economic system where the government makes all the decisions
- 5. occurs when things are unequal
- 7. bad outcomes for others
- 10. per capita the GDP of a country divided by its population
- 11. externalities good outcomes for others
- 13. when the economy becomes less active
- 15. not having enough money
- 16. government programs to help those at economic risks
- 17. general increase in prices of goods and services
- 20. setting money aside for future use