Across
- 4. a general increase in prices and fall in the purchasing value of money
- 9. the reduction in supply of circulated money in any economy.
- 11. send goods or services to a different country
- 12. consumer's desire to purchase goods
- 14. the branch of knowledge concerned with the production
- 15. an economy that the people have little to no say in
- 16. the amount of something in stock for buying
- 18. something you don't need
- 20. the final value of the goods and services produced
- 23. a period of economic contraction, where businesses see less demand and begin to lose money
- 25. someone who buys goods of services
Down
- 1. to trade for goods and services
- 2. a person who organizes and operates a business
- 3. dividing the factors of production into four categories
- 5. asset prices appear to be based on implausible or inconsistent views about the future
- 6. goods or services from different countries
- 7. an economy that lets answer the factors of production
- 8. an expert
- 10. to switch a good or service for another good or service as payment without money
- 13. the owe of money
- 17. an economy combines aspects of both capitalism and socialism
- 19. an limit of goods that needs to be sold
- 21. someone who makes goods or services
- 22. a long recession
- 24. something you have to have to live