SS7 Economics Vocabulary

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Across
  1. 3. a continued rise in prices or the supply of money
  2. 7. Economy, an economic system in which custom decides what people do, make, buy, and sell
  3. 9. the amount of a good or service that a producer wants to sell
  4. 10. Economy, an economic system in which a central government decides what goods will be made and who will receive them
  5. 11. to trade by exchanging one good or service for another
  6. 13. Cost, what is given up, such as time or money, to make or buy something
  7. 14. Money and goods used to help people make or do things
Down
  1. 1. a period of slow economic growth or decline
  2. 2. a good sent from one country to another in trade
  3. 4. a good brought into a country from another country
  4. 5. the act of running a business and taking
  5. 6. the growth in free trade between countries
  6. 8. the amount of something that a consumer wants to buy
  7. 12. the lack of a resource