Economics - Ch1 and Ch2 - Crossword Labs

4. Any system for the production, distribution, and consumption of goods and services
7. The establishment of colonies and extensive territories created to benefit mother countries
8. Taxes that governments apply only to imported goods.
9. The name given to scholars of the production, distribution, and consumption of goods.
11. The human desire to have and use a certain good.
13. The amount of a good that is bought at a certain price under certain conditions.
15. A person who works to provide goods.
17. The old word for the bad habit of spending more than one can afford.
19. The economic system that Governor Bradford found contrary to God's wisdom.
20. The famous book written by Pierre Samuel du Pont.
23. The type of good that is used in the production and distribution of goods and services.
25. The type of good produced to directly satisfy people's wants
26. an intangible good produced by labor for which people expect to pay
27. The Father of Economics

1. The quantity of a good for sale at a certain price under certain conditions; the amount of a good that is produced.
2. The worth that consumers attach to a good.
3. The study of the choices that individuals and societies make in the production, distribution, and consumption of goods.
5. The production of goods by people working at the jobs they do best.
6. The founder of the Austrian school of economics
10. A mechanism that allows people to exchange goods.
12. Adam Smith's most famous book.
14. An economic system that advocates the building up of the state's treasury with the goal of accumulating bullion
16. The separation of work into individualized tasks
18. The difference in value of the goods that a country imports and exports
21. French economists who favored a natural or lassez-faire economy.
22. A person who uses goods.
24. A tangible item that people want and for which they will pay