Economic Terms
Across
- 2. type of economy where the Govt determines what & for whom Goods are produced
- 5. primary indicator used to gauge the health of a country's economy
- 7. the % of the labor force that is without work, but seeking work
- 12. type of economy where customs govern the economic decisions that are made
- 14. type of resources that include people's knowledge, efforts, and skills
- 15. business cycle with renewed economic growth
- 18. measures change in the prices of goods over time
Down
- 1. type of economy that is a combination of different economies.
- 3. type of economy that is characterized with mainly private ownership
- 4. type of resources that include raw materials that are found in nature
- 6. business cycle with economic growth and expansion
- 8. where supply and demand meet
- 9. type of resources that focus on new ideas and inventions
- 10. shortage of resources
- 11. where buying and selling occurs
- 13. occurs when the average price of goods rises sharply
- 16. business cycle with long term recession
- 17. business cycle with economic slowdown
- 18. type of resources that focus on financing for goods and services