Economics Crossword
Across
- 8. A person who uses goods and services
- 13. When goods are ___ the demand for the 2 goods move together (in the same direction)
- 14. Quantity supplied and quantity demanded are equal
- 15. Creating something completely new and original
- 16. Improving products or production using new technology or methods
- 18. The dependence of two or more people or things on each other
- 20. general increase in the price of goods and services over a period of time
- 21. An item that is necessary for survival
- 22. Growth or increase in economic activity
- 24. An item that is not necessary for survival but adds pleasure and comfort to life
- 26. The amount of goods & services people are willing and able to buy at certain prices
Down
- 1. The lowest point of something, like in a cycle or decline
- 2. resources, through which goods & services are made available to consumers
- 3. The amount of goods & services businesses are willing and able to sell at certain prices
- 4. An individual or business that makes a product
- 5. goods, an item which can be seen or touched but is not necessary for survival
- 6. A product or service that is no longer wanted because it's outdated or replaced by something better
- 7. When goods are ___, the demand for the two goods move in opposite directions
- 9. goods, an item that can be seen or touched and is essential for survival
- 10. resources, those raw materials that we get from the earth, water and air
- 11. Sells goods or services to make a profit
- 12. resources, people that work to produce goods & services in a business (workforce)
- 15. Cannot be perceived by touch
- 17. A long period of economic decline
- 19. resources, equipment, building, money, that is used to produce goods & services
- 23. The highest point of something, like in a cycle or growth
- 25. It measures a country's total goods and services output in a given period