Unit 6 Economics Review

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Across
  1. 1. when supply is greater than demand
  2. 4. getting more of one good but getting less of another
  3. 6. something that motives another to take action
  4. 7. a partial owner of a corporation
  5. 10. splitting up work among a group
  6. 11. incentive that offers money/material rewards
  7. 13. installment plan to buy a house
  8. 18. organization that regulates the banking system of the U.S
  9. 20. when one company buys out/bankrupts all competition
  10. 21. physical or mental work
  11. 22. any resource found in nature
  12. 24. money a business has left after expenses
  13. 28. small business owned by one person
  14. 29. one company hiring workers in another country
  15. 30. spreading risks over a large amount of people
  16. 33. company owned and traded on the stock market
  17. 34. when supply and demand are the same
  18. 37. one who buys and uses goods and services
  19. 38. tools that create new products
  20. 39. integration of economies around the world
Down
  1. 2. money that can not be refused as a medium of exchange
  2. 3. not a brand name
  3. 5. organization that does not earn money
  4. 7. government required insurance for retired and disabled
  5. 8. the four categories of resources
  6. 9. inventor or business/company owner
  7. 12. incentive that offers approval or recognition
  8. 14. most valued alternative sacrificed when making a decision
  9. 15. willingness and ability to purchase a good or service
  10. 16. business owned by two or more people
  11. 17. willingness and ability to sell a good or service
  12. 19. economy where decisions are made privately by individuals
  13. 23. focus of a worker on a single task/activity
  14. 25. smallest amount of resources to get the greatest output
  15. 26. when demand is greater than supply
  16. 27. insures bank accounts up to $250,000
  17. 31. coins and paper money
  18. 32. when unlimited wants meets limited resources
  19. 35. a punishment for an action
  20. 36. economy where government owns all resources/production