Across
- 1. People who work to produce goods & services
- 5. Raw materials that we get from the earth, water and air.
- 7. Cannot be perceived by touch
- 9. Increase of price of goods and services over a period of time
- 10. Increase in employment, output, prices, and income
- 11. Goods that can be replaced with each other due to changed conditions
- 13. The quantity of supply and demand is equal
- 15. An item that can be seen or touched.
- 18. An item necessary for survival such as foods
- 19. Equipments or money that is used to produce goods&services
- 21. High unemployment rates, decrease in income, and a decrease in standard of living
- 22. A person who uses goods or services
- 23. An individual or business that makes a product
- 24. An item that can be seen or touched but is not necessary for survival.
- 25. Government is the most important decision-maker
Down
- 2. Goods that both give each other values
- 3. An item not necessary for survival but that adds pleasure and comfort to life.
- 4. Consumers and businesses make the decisions
- 6. Products that are used less as people's income increases
- 8. Consumers, businesses, and governments make the decisions
- 12. People or businesses that buy goods or services.
- 14. Businesses rely on other businesses to keep going
- 16. a product or service that consumers no longer want because it has become outdated or outmoded or has been replaced by a new or improved product.
- 17. Decrease in income, employment, investments, prices, and profits
- 20. Using new technologies or processes to improve a product or on how they are produced and distributed