Economics Review Crossword

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