Economics Crossword
Across
- 6. Individuals or entities that purchase goods or services from a business.
- 7. The increase in the general price level of goods and services in an economy over time.
- 8. Products that are typically used together, and the demand for one is linked to the demand for the other, such as smartphones and mobile data plans.
- 9. Products that can replace each other in fulfilling a particular need or want, such as different brands of soda.
- 10. An organization engaged in activities such as producing, selling, or providing goods and services in order to generate profit.
- 14. Abraham Maslow's theory of human motivation categorizes human needs into a hierarchical structure, with basic physiological needs at the base and self-actualization needs at the top.
- 17. The creation or application of new ideas, methods, or technologies to improve products, services, or processes.
- 18. The people who work for a company, including employees, managers, and executives.
- 19. The quantity of a product or service that producers are willing and able to provide at various prices.
- 21. Desires or preferences for goods and services beyond basic needs.
- 22. The quantity of a product or service that consumers are willing and able to purchase at various prices.
- 24. High-end or non-essential products and services.
- 25. The mutual reliance or dependence of different businesses, industries, or individuals on each other within an economic system.
Down
- 1. Raw materials and elements derived from the environment, such as water, minerals, and forests.
- 2. The inputs, including labor, land, capital, and entrepreneurship, used in the production of goods and services.
- 3. No longer in use or relevant, often referring to products, technologies, or practices that have been replaced by newer alternatives.
- 4. Intangible actions or tasks provided by a business to fulfill customer needs or wants.
- 5. A person or entity that purchases and uses goods or services.
- 11. Man-made tools, machinery, and equipment used in the production of goods and services.
- 12. Products or services that are necessary for basic living and well-being, such as food and healthcare.
- 13. Basic requirements for survival and well-being, such as food, clothing, and shelter.
- 15. The creation of a new product, process, or idea.
- 16. products or items that can be touched that are produced and can be bought or sold.
- 20. A business or individual that creates goods or services for sale.
- 23. A state in which the supply and demand for a product or service are in balance, resulting in stable prices.