Economics Review

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Across
  1. 1. A person, company, or country that makes, grows, or supplies goods or commodities for sale
  2. 7. tax: A tax on people's earnings
  3. 8. people not working who have looked for work during previous 4 weeks
  4. 11. off: told that you no longer have a job because there is not enough work for you to do
  5. 13. When a company comes up with new ideas or products.
  6. 15. Security: tax paid by workers to cover government programs
  7. 16. A share of ownership in a business or company.
  8. 18. economy: Economic decisions are made by individuals based on consumer demand
  9. 19. force: the total number of workers, including both the employed and the unemployed
  10. 20. Things we would like to have, such as entertainment, vacations, and items that make life comfortable and enjoyable
  11. 23. economy: Producers don't compete because everyone works to meet the community's survival needs.
  12. 24. money taken out of your paycheck to pay for your current healthcare
  13. 27. card: A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder
  14. 28. account: a bank account that earns interest
  15. 29. the difference between the amount earned and the amount spent producing something
  16. 30. the desire to own something and the ability to pay for it
  17. 31. The study of how individuals and nations make choices about ways to use scarce resources to fulfill their needs and wants
  18. 33. a formal contract to repay borrowed money
  19. 34. A system by which goods and services are produced and distributed
  20. 36. The amount of goods available
  21. 37. the area where things are bought and sold
Down
  1. 2. A slowdown in a nation's economy
  2. 3. A reason to act a certain way or to make a certain choice
  3. 4. When a business tries to convince you to buy their product over another company.
  4. 5. Economy: has different aspects of the other types of economies (some government regulations)
  5. 6. The things you would not survive without.
  6. 9. taxes to pay for the health care of the elderly
  7. 10. Forces: supply and demand
  8. 12. A person who purchases goods and services for personal use
  9. 14. economy: An economic system in which the government controls a country's economy.
  10. 17. card: plastic card used to buy things on loan with interest
  11. 21. Limited quantities of resources to meet unlimited wants
  12. 22. forced to leave a job
  13. 25. work performed by a person for someone else
  14. 26. to set aside money for a certain time so that it can be used later.
  15. 32. cost: whatever must be given up to obtain some item
  16. 35. Earnings from work or investment