Economics Crossword BEP20

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Across
  1. 5. Steady increase in employment, demand, income and investments; improving economic situation
  2. 8. Additional percentage rate at which it costs to borrow money
  3. 11. Severe reduction in demand, income and investments; overwhelming levels of unemployment
  4. 14. Economic system in which businesses respond to consumer desires; private ownership may exist
  5. 16. Needs; need to make one feel included; part of a community
  6. 18. Goods used less as income increases
  7. 19. Needs; need to give confidence and a sense of security
  8. 24. System in which customs are passed through time
  9. 25. Goods used together; Goods often purchased by consumers at the same time
  10. 26. An assembly line; where each party works exclusively on the component assigned to them; what they are good at
Down
  1. 1. Increase in prices, decrease in purchasing power of money
  2. 2. Whom something originates from; goods made or grown; services provided
  3. 3. needs; Must haves for survival
  4. 4. Desire to purchase goods and services at a certain price
  5. 6. Goods that can replace one another
  6. 7. A web; the reliance between various organizations and businesses
  7. 9. The price that supply is equal to demand
  8. 10. Decrease in demand, income and investments; increase in unemployment
  9. 12. Time with increase in standard of living, investments, and optimal general state of economy
  10. 13. User; person who utilizes a good or service
  11. 15. An asset acquired in order to gain value over time
  12. 17. Economic system in which government controls nearly every aspect of the economy
  13. 20. Needs; needs that make one feel better about oneself
  14. 21. Amount of goods and/or services in a market available to consumers
  15. 22. Initialism; monetary value of goods and services and total economic activity in a specific area, over a specific time period
  16. 23. Something of value; often in the form of equipment to produce goods efficiently