Economy Definitions
Across
- 4. Individuals have interaction through the market, government does not intervene.
- 7. Is the study of communities and human social phenomena.
- 9. The curve that defines the combinations of goods that can be produced.
- 14. Studies the juridical norms that make a community to be established and regulated.
- 15. Factor of production where human has influence on the production process.
- 16. defined as the expected behavior for each individual taking into account its function/participation in society.
- 17. In this type of economy, decisions are made by the government.
- 20. It is the study of life in prehistoric times; it studies fossils that tell us about the past and evolution.
- 21. The cost of an alternative that must be forgone in order to pursue a certain action.
- 23. the ideas, customs, and social behavior of a particular people or society
- 24. Factor of production where money is used, physical resources .
- 25. Studies the behavior of humans, the structure of human groups.
Down
- 1. science It is the study of the government, political behavior, political processes and systems.
- 2. Two or more people joined together by an affinity or a bond. An individual may belong to one ore more groups.
- 3. a way of life and set of attitudes opposed to or at variance with the prevailing social norm
- 4. the branch of economics concerned with large-scale or general economic factors, such as interest rates and national productivity.
- 5. When you make a decision of consuming one good and stop consuming another one.
- 6. Process that explains interaction between agents and their exchange of goods.
- 8. Is the study of the past, it helps you to understand also the present.
- 10. Process in which abilities, habits, values, beliefs and expectations are learned in order to successfully participate in society.
- 11. Studies how the scarce resources are managed. It deals with the production, distribution and consumption of goods and services.
- 12. The community of people living in a particular region and having shared customs, laws, and organizations.
- 13. Space where exchange of goods is made.
- 18. Factor of production that includes natural resources.
- 19. the part of economics concerned with single factors and the effects of individual decisions.
- 22. Social sciences are acknowledged as a science that studies human behavior and society; they also study the human being as an individual.
- 25. the knowledge that makes you ask, observe, propose and test. It has to do with nature, the information is gathered in a systematic way and proposes explanations that can be proven if examining.