Economics Crossword

2. workforce or people that work to produce goods and services in a business
3. amount of goods and services businesses are willing and able to sell at certain prices
5. a good that helps complete another in some way, ex. ketchup and hamburger buns
10. raw materials that we get from the earth, water and air
13. general increase in the price of goods and services over a period of time
14. an item necessary for survival, ex. food, clothing, shelter
16. anyone who buys or uses goods and services
20. equipment, building, money, that is used to produce goods and services
21. an item that can be seen or touched
22. an individual or business that makes a product
23. a combination of consumers, businesses and government make the decisions
24. a product or service that consumers no longer want because it has become outdated
25. emphasizes the government as the most important decision-maker

1. total value of goods produced and services provided at one place in a period of time
4. low point, economy has large unemployment rates, decrease in income, etc.
6. as the prices of goods and services increases, quantity demanded decreases
7. goods that can be used to replace each other
8. changes that results from changes in the price of a product
9. sense of love and belonging, affection, acceptance and inclusion
11. item not necessary for survival but that adds pleasure and comfort to life
12. as people's income increases, consumption of most products raises
15. used to measure general changes in market prices of a selected group of goods and services purchased by typical urban family
17. when businesses rely on other businesses in order to keep going
18. increase in output, income, employment, prices and profit
19. four parts are recession, depression, expansion and peak