Economic Terms

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Across
  1. 2. Meeting today’s needs without hurting future resources.
  2. 3. When the economy produces more goods and services over time.
  3. 4. Businesses that produce goods and services.
  4. 6. People have the right to make their own economic choices.
  5. 9. An economy where the government makes most economic decisions.
  6. 13. A new idea, product, or way of doing something.
  7. 15. When businesses try to win customers by offering better prices or products.
  8. 16. The fact that there are limited resources but unlimited wants.
  9. 17. A place (real or online) where buyers and sellers meet.
  10. 19. Protecting people from risks like poverty or job loss.
  11. 21. How much people want a product or service.
  12. 23. Fairness in how wealth and opportunities are shared.
  13. 24. The way people use resources to make, buy, and sell things.
  14. 25. The desire to make money, which drives businesses to improve.
  15. 26. A person who buys or uses goods and services.
  16. 28. People freely trade because both sides benefit.
  17. 29. How much work gets done or goods get made in a certain time.
  18. 30. Almost everyone who wants a job can find one.
Down
  1. 1. New inventions or methods that improve the economy.
  2. 5. Prices stay fairly steady instead of rising or falling too much.
  3. 7. An economy based on customs, traditions, and bartering.
  4. 8. Focusing on making one product or service really well.
  5. 10. A person or business that makes goods or provides services.
  6. 11. The way a society organizes how goods and services are made and shared.
  7. 12. Using resources in the best way without waste.
  8. 14. An economy where decisions are made by buyers and sellers.
  9. 18. Something that motivates people to act, like a reward or punishment.
  10. 20. Families or individuals who consume goods and services.
  11. 22. The next best thing you give up when you make a choice.
  12. 27. How much of a product is available to sell.