Across
- 2. A system of financial institutions that accept deposits from the public, make loans to individuals and businesses, and provide other financial services like managing money, facilitating transactions and creating credit.
- 8. The process of paying employees and the total sum of money a company pays to its employees for a given period.
- 9. A situation where two or more individuals, businesses, regions, or countries rely on each other economically to meet their needs, often due to specialization.
- 11. An individual's total possessions and their assets, including real estate, investments, and other belongings, minus their liabilities which are often considered at the time of death.
- 15. Laws and regulations designed to promote fair competition in the marketplace by preventing monopolies and other practices that restrain trade.
- 17. Branch of economics that studies the economic behavior of individuals, households, and businesses, focusing on how they make choices to allocate limited resources.
- 18. A risk taking individual who identifies opportunities to start new businesses, create new products or services, and organize resources to meet market demands.
- 19. Governments approach to managing the economy using its spending and taxation powers to influence aggregate demand and economic activity.
- 20. The voluntary, mutually beneficial exchange of goods, services, or financial assets between two or more parties such as individuals, companies, or countries.
- 22. The part of the economy composed of businesses, individuals, and other organizations that are not owned or controlled by the government but instead owned by private individuals or groups and are often operated for profit.
- 24. Profit realized from the sale of a capital asset, such as stock, bond, or real estate, for a price that is higher than it's purchase price.
- 25. A direct or indirect financial payment, concession, or privilege granted by a government to individuals, businesses, or institutions to promote a public objective, such as lowering prices, increasing production of a certain good, or supporting a specific industry.
Down
- 1. Branch of economics that studies an entire economy as a whole, focusing on broad factors like national output, unemployment, inflation, and government policies.
- 3. A government imposed limit on the quantity or value of a specific good or service that can be imported or exported over a given period.
- 4. A market situation where a single company or entity has exclusve control over the entire supply of a particular good or service.
- 5. The value of one country’s currency relative to another currency The value of one country’s currency relative to another currency
- 6. The increasing interdependence of the world's economies through increased cross-border trade, investment, and information flow.
- 7. Rules imposed by a government on individuals and firms to alter their economic behavior, often to correct market failures, protect public interests or promote social goals like safety and fairness.
- 10. Intangible assets derived from human creativity, such as inventions, literary and artistic works, designs, and symbols, which grant creators exclusive rights for a limited time to their creations
- 12. A situation where government budget deficits indirectly influence a central bank's monetary policy decisions or actions.
- 13. Income is the flow of economic value an individual or entity receives during a period, including wages, salaries, profits, interest, rent and other forms of compensation or gains minus any costs or losses.
- 14. A business, industry, or service that is owned, controlled, and funded by the government to benefit the public and society rather than to make a profit.
- 16. The governments inherent right to take private property for public use.
- 21. A tax is a compulsory levy imposed by a government on individuals or businesses to raise revenue for public services, regulate economic activity, and redistribute wealth.
- 23. A governmental ban on trade and other commercial activities with a specific county, often used as a political or economic tool to pressure or punish that nation