Business

6. or business that buy goods or services
9. depression^a sustained period of significant economic decline that sees a nation's GDP drop, unemployment rates rise and consumer confidence suffer
13. resources^equipment, building, money that is used to produce goods and services
14. economy^one that combines aspects of both capitalism and socialism
15. item not necessary for survival but that adds pleasure and comfort to life
18. resources^those raw materials that we get from earth
19. item necessary for survival
21. goods^an item that can be seen or touched and is essential for survival
22. item that can be seen or touched
23. increase in the price of goods and services over a period of time
24. economy^those in which customs and traditions are more important than money

1. goods^an item which can be seen or touched but is not necessary for survival
2. resources^people that work to produce and services in a business
3. economy^ when there is a drastic change in market activity
4. goods^a product or service that consumers see as essentially the same or similar-enough to another product
5. period between a peak and a trough in the business cycle where there is a significant decline in economic activity spread across the economy that can last from a few months to more than a year
7. state in which market supply and demand balance each other, and as a result prices become stable
8. willingness and ability of a consumer to buy goods and services at a specific price
10. goods^products that are typically used together
11. total amount of a specific good or service that is available to consumers
12. system^an economic system where two forces, known as supply and demand, direct the production of goods and services
13. economy^ one in which a centralized government controls the means of production and determines output levels
16. person who uses goods or services
17. resources^means through which goods and services are made available to consumers
20. be perceived by touch