Economics Crossword
Across
- 1. An item which is necessary for survival (ex.water)
- 4. satisfy the same set of goals or preferences (ex.Hamburger and pork)
- 6. An individual who purchase goods or services (ex.customers)
- 10. Things that can not be perceived by touch (ex.copyright)
- 11. Goods that help complete another in some way (ex. ketchup and hamburger buns)
- 12. Equipment, building, money, which is used to produce goods and services (ex.vehicles)
- 16. A type of economy where a combination of consumers, businesses and government make the decisions (Ex.Canada)
- 17. State of the economy where there is an increase in output, income, employment, prices and profit
- 18. The amount of goods/services people are willing to buy at certain prices
- 19. Goods that are a result of changed conditions, can replace each other in use or consumption (ex.Coke vs Pepsi)
- 21. An individual or business whcih makes a product (ex.McDonalds)
- 22. A product/service that consumers no longer want as it is outdated/outmoded or has been replaced by a new/improved product (ex.layer disk)
- 23. An expensive item that can be seen/touched but is not necessary for survival (ex.sports car)
- 25. People/businesses which buy goods/services (ex.people)
- 26. Using new technology, materials or processes to improve existing products, or on how they are produced and distributed (ex.electric cars)
Down
- 2. Means through which goods and services are made available to consumers (ex.land)
- 3. People who work to produce goods/services in a business (ex.training)
- 5. To come up with a new unique idea, thought, or production for a new object, device, or process, which a person has not seen or heard of before (ex.light bulb)
- 7. Raw materials we get from earth, water and air (ex.cotton)
- 8. An essential item for survival which can be seen and/or touched (ex.food)
- 9. General increase in the price of goods and services over a period of time
- 13. Goods which are used together (ex.phone+data)
- 14. An item which is able to be seen and/or touched (ex.pencil)
- 15. An item which is not necessary for survival but adds pleasure/comfort to life (ex.playstation)
- 19. Amount of goods/services businesses are willing and able to sell at certain prices
- 20. State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases (ex.Great Depression)
- 24. Assistance provided which satisfied needs/wants of people/businesses but is not a product that can be touched (ex.babysitting)