Economics

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Across
  1. 2. What each economy must deal with
  2. 3. Where supply and demand meet on a graph
  3. 4. One of the four principles of the US economy
  4. 6. Type of econoomy where the government makes all the decisions
  5. 10. Also called free enterprise system
  6. 12. Hierarcy of needs
  7. 13. Type of economy/goverment. Can be found in Canada
  8. 15. Study of how peoples wants and needs are met
  9. 17. What is given up when a decision is made
Down
  1. 1. Examples are assets like: buildings, power tools, a receptionist, and a delivery truck
  2. 5. Country that operates under a mixed economy
  3. 7. One of the four principles the US economy is based on
  4. 8. If price is up, supply is up and if price is down, price is down
  5. 9. Rivalry among businesses
  6. 11. What a business earns after subtracting it's expenses
  7. 14. What the US dollar is backed by (NOT gold)
  8. 16. Land, Labor, Capital