Economics
Across
- 2. – The amount of a good or service consumers are willing and able to buy.
- 7. – Money earned from working or investing.
- 9. – Focusing on producing certain goods efficiently.
- 11. – Goods brought into a country.
- 12. – Money owed to another person or institution.
- 14. – A tax placed on imported goods.
- 15. – When supply is greater than demand.
- 17. – The point where supply and demand meet to determine price.
- 24. – Expenses required to operate a business.
- 25. – The act of organizing resources and taking risks to start a business.
- 27. – Giving up one thing in order to gain something else.
- 29. – The exchange of goods and services between countries.
- 30. – A general increase in prices over time, which reduces purchasing power.
- 31. – The study of how people make choices about using limited resources.
Down
- 1. – A market situation where one company controls the entire market.
- 3. – When demand is greater than supply.
- 4. – Borrowed money that must be repaid later.
- 5. – Human effort used in the production of goods and services.
- 6. – Items that improve quality of life but are not necessary for survival.
- 8. – Goods sold to other countries.
- 10. – Basic essentials required for survival (food, water, shelter).
- 13. – Revenue minus costs.
- 16. – The amount of a good or service producers are willing to sell.
- 18. – Using money to try to earn more money over time.
- 19. – Businesses trying to attract the same customers.
- 20. – Money earned from saving or paid for borrowing money.
- 21. – Not having enough resources to satisfy all wants.
- 22. – Total money earned from sales.
- 23. – Tools, machines, and equipment used to produce goods and services.
- 26. – Money set aside for future use.
- 28. – Natural resources used to produce goods and services.