Economic Terms

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Across
  1. 2. type of economy where the Govt determines what & for whom Goods are produced
  2. 5. primary indicator used to gauge the health of a country's economy
  3. 7. the % of the labor force that is without work, but seeking work
  4. 12. type of economy where customs govern the economic decisions that are made
  5. 14. type of resources that include people's knowledge, efforts, and skills
  6. 15. business cycle with renewed economic growth
  7. 18. measures change in the prices of goods over time
Down
  1. 1. type of economy that is a combination of different economies.
  2. 3. type of economy that is characterized with mainly private ownership
  3. 4. type of resources that include raw materials that are found in nature
  4. 6. business cycle with economic growth and expansion
  5. 8. where supply and demand meet
  6. 9. type of resources that focus on new ideas and inventions
  7. 10. shortage of resources
  8. 11. where buying and selling occurs
  9. 13. occurs when the average price of goods rises sharply
  10. 16. business cycle with long term recession
  11. 17. business cycle with economic slowdown
  12. 18. type of resources that focus on financing for goods and services