Basic of Economics
Across
- 5. Permanent unemployment;industry change
- 8. The study of behavior of the overall economy
- 10. The study of how individual businesses,householders, and consumers make decisions.
- 11. Off-season unemployment
- 12. Only a few sellers exist
Down
- 1. An economic system that allows freedom of choice and encourages private ownership.
- 2. Temporary unemployment between jobs
- 3. Only 2 suppliers exist in the industry.
- 4. An economic system in which a states government makes all economic decisions.
- 6. A system whereby the government owns or controls basic businesses and services and the profits f
- 7. One company dominates the entire industry.
- 9. Workforce cutbacks and rehires