economics

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Across
  1. 5. assistance provided, usually in return of payment that satisfies needs/wants of people/business that doesnt result in product being touched
  2. 7. the practice of making one's living or making money by producing or buying and selling products
  3. 9. to come up with an unique idea that no one has seen or heard of
  4. 10. the amount of goods and services businesses are willing/able to sell at certain prices
  5. 11. State of the economy where there are large unemployment rates, a decrease in income, and standard of living decreases
  6. 13. an item which can be seen or touched but is not necessary for survival
  7. 16. means though which goods and services are made available to consumers
  8. 21. high point in output, income, employment, prices and profit
  9. 22. the amount of goods and services people are willing/able to buy at certain prices
  10. 23. an item not necessary for survival but adds pleasure and comfort
  11. 24. equipment, building, money that is used to produce goods and services
  12. 25. a person who uses goods or services
  13. 27. goods that are used together
  14. 28. an item that can be seen or tocuhed and is essntial for survival
  15. 29. combines aspects of both capitalism and socialism
  16. 30. private actors own and control property in accord with their interests
Down
  1. 1. using new technology, materials, or processes to improve on existing products or on how they are produced and distributed
  2. 2. people or businessess that buy goods or services
  3. 3. demand decreasing
  4. 4. are goods which, as a result of changed conditions, may replace eachother in use/consumption
  5. 6. the point where both sellers and buyers are happy with the price and quantity
  6. 8. demand increases
  7. 12. people that work to produce goods and services in a business
  8. 14. an item that can be seen or touched
  9. 15. an individual or buisness that makes a product
  10. 17. cant be perceived by touch
  11. 18. all property and wealth are communally owned
  12. 19. raw materials that we get from the earth, water and air
  13. 20. an item necessary for survival
  14. 26. a product or service that consumers no longer want because it has become outdated/outmoded or has been replaced