Economics Crossword by Naomi
Across
- 1. _____ are products you buy.
- 5. ________ markets are where productive resources are bought and sold.
- 8. The people who buy stuff.
- 9. free and willing exchange of goods and services between buyers and sellers.
- 13. Things used to make other things.
- 15. Economic _______________ is when others rely on us and vice versa to provide goods and services.
- 16. Things needed for survival, like food and clothing.
- 18. The economy where there is only trade, no money.
- 19. The Law of ______ states the more you sell something, the more producers can produce.
- 23. Goods that are used in place of others.
- 25. Economics dealing with one individual.
- 26. Opposing businesses working to make the highest profit against all other companies.
- 28. ________ markets are where producers offer goods and services for sale.
- 31. ______ of labor is breaking down a job into small tasks preformed by other workers.
- 32. ___________ cost are the choices we must give up in order to pick another choice.
- 33. The economy where consumers and producers share responsibility.
- 37. Only having one company that focuses on a specific good.
- 38. The people who sell stuff.
- 39. Something people offer to each other.
- 40. Natural resources.
- 41. When a market is dominated by a few businesses.
Down
- 2. When you have way too many products than demanded.
- 3. ________ is how much a producer is willing to sell.
- 4. The supply _____ helps us determine the price we will buy something for in a store.
- 6. Measure of the amount of goods and services produced in a specific time period.
- 7. The economy where people control 100% of business.
- 10. The problem of not having enough resources to produce all the things we want.
- 11. The _________ cost is the total cost it takes to run a business for a month or a year.
- 12. Things we would like to have, like entertainment and fashion.
- 14. People who own businesses, invest money, or invent something.
- 17. Economics dealing with the big picture, with more people and businesses.
- 20. The economy where the government controls 100% of business.
- 21. When people or businesses concentrate on making goods that they produce better than everyone else.
- 22. A record of the money that flows in and out of your household.
- 24. Goods that you use together.
- 27. The ___________ point is where supply and demand meets. Profit is maximized here.
- 29. Workers who work in a company.
- 30. A sacrifice needed to chose between two options; a compromise.
- 34. Making the best use of scarce resources.
- 35. How much people are willing to buy.
- 36. When you do not have enough products to meet the demand.