Economics Crossword

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 A product or service that is no longer wanted because it's outdated or replaced by something better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