Across
- 5. businesses rely on many other businesses in order to keep going, this is called:
- 8. economic system where a combination of consumers, businesses and government make the decisions
- 10. quantity provided at a specfic price and point
- 12. good that helps complete another in some way
- 16. economic system where everything is government owned and government is decision maker
- 18. demand increases resulting in economic recovery and _
- 19. good that are not necessary for survival
- 20. an item that can be seen or touched
- 21. good people use less as their income increases
- 22. economic system that emphasizes the individual, consumers and businesses make the decisions
- 24. visual illustrating the relationship between price and the amount of a product people want to buy
- 25. anyone who buys/uses good and services
Down
- 1. visual illustratng the relationship between the quantity sellers want to sell during some time period and price
- 2. quantity desired at a specific price and point
- 3. demand decreases resulting in economic decline called a
- 4. goods that satisfy the same set of goals or preferences
- 6. economic system where decisions are based on the past and customs from generation to generation
- 7. business exist to _ what costumers demand
- 9. the desire and the ability to purchase good or service
- 11. anyone who makes, grows a good or provides service to sell
- 13. term of where quantity supplied and quantity demand are equal
- 14. lowest point in the state of an economy ; also known as depression
- 15. economy's highest point with everything high or/and increasing
- 17. extra money paid regularly at a particular rate for the use of money lent
- 23. people perfecting and doing only part of a process ; how the assembly line originated