Economics Crossword

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Across
  1. 2. Resources like this include a bulldozer, factory equipment, or computers.
  2. 5. Resources like this include not man-made things such as water, forests, coal, and oil.
  3. 6. Economy that produces based on both consumer demand and government priorities, includes private ownership as well as government regulation.
  4. 7. Law of _____ states that as the price of a good or service increases, the quantity demanded by consumers decreases, and vice versa.
  5. 8. Equilibrium _____ is the point where the supply and demand curves intersect is the market-clearing price.
  6. 9. Resources like this include skills and knowledge of a companies employees.
Down
  1. 1. Law of _____ states that as the price of a good or service increases, the amount supplied by producers will increase, and vise versa.
  2. 2. Economy where production is based on the central governments planning and decisions.
  3. 3. Economy that produces what has been already produced historically, produces the same way it has been, produces for the community based on tradition.
  4. 4. Economy that produces based on consumer demand and profitability, efficiency and profit are most important.