Intro to Economics
Across
- 2. What is the type of economy where buyers and sellers trade goods and services?
- 4. Prices will go down when the _____ goes down
- 6. refers to the limited resources in an economy.
- 7. the part of economics concerned with large scale or general economic factors.
- 8. What indicates the willingness to sell?
- 9. a market structure in which there is only one producer/ seller for a product.
- 10. a historical economy system in which traditions, customs, and beliefs shape the goods and products the society.
Down
- 1. a country that is an example of a market economy
- 3. the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- 5. _____ is the part of economics concerned with single factors and the effects of individual decisions.