Economics
Across
- 1. ethnic /the principle that hard work is intrinsically virtuous or worthy of reward.
- 2. / short for gross domestic product.
- 6. /the part of economics concerned with single factors and the effects of individual decisions.
- 7. /a side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost of the goods or services involved,
- 8. /the application of scientific knowledge for practical purposes, especially in industry.
- 10. motive /the desire for financial gain as an incentive in economic activity
- 11. threshold /the measurement of poverty in America.
- 12. benefit /exchange of goods or services for other goods or services with no medium of exchange.
- 13. transfer /programs aim to reduce poverty by making welfare programs conditional upon the receivers' actions.
Down
- 1. /financialsupport given to people in need
- 3. interest /a common concern among citizens in the management and affairs of local, state, and national government.
- 4. /the part of economics concerned with large-scale or general economic factors, such as interest rates and national productivity.
- 5. /an event or contest in which people compete.
- 9. rider /a market failure that occurs when people take advantage of being able to use a common resource, or collective good, without paying for it,