Review of the Basics of Economics
Across
- 2. Economic system based on the consumer
- 3. Quantity of a good or service for sale
- 5. # of a good/service people will to buy
- 7. Products of the Earth that are valuable
- 8. Tax on imports
- 12. Voluntary exchange of good and services
- 14. Economic system run by the government
- 15. An expert in one part of a market
- 16. Govt gives money to help some businesses
- 18. Air, food, water, clothing, shelter
- 19. The work people perform, for a fee
- 20. Limit placed on the number of imports
- 21. Uses resource to make goods/services
Down
- 1. Tools used in making goods and services
- 3. Govt put rules on goods and services
- 4. Stop all trade with another country
- 6. Take the risk to start your own business
- 9. Comparing two countries currencies
- 10. Tangible items such as food, clothing etc
- 11. Things that make lives more comfortable
- 12. Econ system where people tend to barter
- 13. Unlimited wants with limited resources
- 17. Get a need/want by buying a good/service