Economics Crossword

8. A type of economy where a combination of consumers, businesses and government make the decisions (Ex.Canada)
10. Things that can not be perceived by touch (ex.copyright)
12. Goods that help complete another in some way (ex. ketchup and hamburger buns)
15. People who work to produce goods/services in a business (ex.training)
16. The production and/or sale of goods and/or services to satisfy the needs, wants, and demands of consumers with a purpose of making a profit
19. An expensive item that can be seen/touched but is not necessary for survival (ex.sports car)
21. Means through which goods and services are made available to consumers (ex.land)
22. An essential item for survival which can be seen and/or touched (ex.food)
25. satisfy the same set of goals or preferences (ex.Hamburger and pork)
26. 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)
27. An item which is necessary for survival (ex.water)
28. A product/service that consumers no longer want as it is outdated/outmoded or has been replaced by a new/improved product (ex.layer disk)

1. Equipment, building, money, which is used to produce goods and services (ex.vehicles)
2. Amount of goods/services businesses are willing and able to sell at certain prices
3. The amount of goods/services people are willing to buy at certain prices
4. Assistance provided which satisfied needs/wants of people/businesses but is not a product that can be touched (ex.babysitting)
5. General increase in the price of goods and services over a period of time
6. Raw materials we get from earth, water and air (ex.cotton)
7. Goods which are used together (ex.phone+data)
9. State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases (ex.Great Depression)
11. State of the economy where there is an increase in output, income, employment, prices and profit
13. An individual who purchase goods or services (ex.customers)
14. People/businesses which buy goods/services (ex.people)
17. Goods that are a result of changed conditions, can replace each other in use or consumption (ex.Coke vs Pepsi)
18. An individual or business whcih makes a product (ex.McDonalds)
20. Using new technology, materials or processes to improve existing products, or on how they are produced and distributed (ex.electric cars)
23. An item which is not necessary for survival but adds pleasure/comfort to life (ex.playstation)
24. An item which is able to be seen and/or touched (ex.pencil)