Economics Review Crossword
Across
- 4. Economic system with government control
- 5. Resources provided by nature
- 6. The problem of "what, how, and for whom" to produce
- 10. Combining factors of production innovatively
- 13. The total output of an economy
- 14. Flow of goods and services in an economy
- 15. Basic economic questions all societies must answer
- 17. The ability to satisfy wants
- 21. Economic philosophy of minimal government intervention
- 23. Economic system with private ownership
- 24. Reward for entrepreneurship
- 25. Graphical model of economic interactions
- 27. A sustained increase in the general price level
Down
- 1. Flow of resources from households to businesses
- 2. Limited resources compared to unlimited wants
- 3. Traditional, command, market, and mixed are types of these
- 6. Person who organizes factors of production
- 7. Visual representation of production tradeoffs
- 8. Economic system combining market and command elements
- 9. Government spending and taxation to influence the economy
- 11. The exchange of goods between countries
- 12. The next best alternative given up
- 16. Goods used to produce other goods
- 18. Human effort in production
- 19. Natural resources as a factor of production
- 20. A period of economic decline
- 22. The study of the economy as a whole
- 26. Tools and equipment used in production