Basic of Economics

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