Econ Vocab Unit 2

Edit Answers
1234567891011121314151617181920212223242526
Across
  1. 2. When a business receives international recognition and is able to become international
  2. 5. The governments' actions to influence the money supply and economic growth
  3. 9. Extensive land (usually with a home) owned by an individual and their family
  4. 10. Revenue usually from a consistent wage
  5. 11. One business has total control over the market
  6. 14. The use of government revenue collection to influence a country's economy.
  7. 17. Economics focused on the "big picture" or the general economic factors
  8. 18. Management of the economy by a set of rules and trends.
  9. 19. A grant by the government to a business in order to keep its product low in price and competitive on the market.
  10. 20. The amount by which spending exceeds revenue
  11. 23. A profit from investment or property sale.
  12. 24. A person who operates a business, usually taking on great financial risks in order to do so
  13. 26. The amount of a resource that an individual or group is entitled to
Down
  1. 1. Economics concerned with how individuals and their economic decisions affect the economy
  2. 3. An original work or creation to which the creator has rights (patent, copyright, trademark, etc)
  3. 4. The value of one currency for the purpose of conversion to another.
  4. 6. A list of workers and their pay
  5. 7. The right of the government to seize private property for public use as long as there is compansation.
  6. 8. The business conducted and services offered at a bank (Checkings, Savings, Loans, etc.)
  7. 12. Private sector businesses are owned and operated by individuals, while public sector organizations are owned and managed by the government on behalf of public needs and interests.
  8. 13. The dependency on mutual trade two or more businesses have
  9. 15. Buying and selling services or goods
  10. 16. Economic activity concerned with the processing of raw materials and manufacture of goods
  11. 21. A mandatory contribution to the government placed on goods, services, labor wages, etc.
  12. 22. Legislation prevents monopolies in hopes to create a more competitive market
  13. 25. The ban on trades and imports from another country