"Introduction to Economics" Glossary

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Across
  1. 2. the industry of resource extraction
  2. 6. the process of gathering objects of value or assets
  3. 7. the industry of processing raw materials
  4. 9. goods or services provided to the whole community either by government or private enterprise
  5. 10. another word for industry
  6. 11. the rate of output
  7. 12. repayment of extra money for money lent or borrowed
  8. 14. the analysis of the economy as a whole
  9. 15. minimum use of resources in production
  10. 16. buying
  11. 19. sacrificing current income for gain in the future
Down
  1. 1. the cost incurred in making a choice
  2. 3. the produced means of production
  3. 4. the action of spending money
  4. 5. an imbalance in the economy
  5. 6. the production which relies heavily on machinery
  6. 8. an assignment or allotment
  7. 13. the market in which the factors of production are bought and sold
  8. 17. the relationship between price and the quantity sold
  9. 18. the relationship between price and the quantity bought