Economics Crossword Assignment

2. Anyone who makes or grows a good, or provides a service to sell.
4. The desire and ability to purchase goods or services at a certain price.
8. The phase when business is at its highest and there is a rise in standards of living.
11. Businesses rely on other businesses.
14. The relationship between the quantity sellers want to sell during some time period and price
16. When the price of goods and services increases, the amount that businesses want to supply increases, and vice versa.
18. The level of need that includes the basic human needs.
20. The increase of the prices for goods and services over time.
22. Using new technology to improve existing products.
23. The relationship between price and the amount of a good or service people want to buy
24. Anyone who buys goods and services.
25. An economy that makes decisions based on the past.

1. The phase when there is a rise in output, income, employment, prices and profit.
3. The work people do to produce goods and services.
5. The phase when the state of the economy is at its worst.
6. The phase when demand decreases.
7. The level of need that includes safety and security.
9. The amount of goods or services that are able to be for sale.
10. The level of need that includes love and belonging.
12. The point where the amount supplied and demanded are at equal.
13. An economy where the government owns everything and makes all the decisions.
15. The theory that states a person does not feel a higher need until the level of their current needs is fulfilled.
17. An economy where consumers, businesses, and the government make the decisions
19. Equipment used to help produce another good efficiently.
21. When the price of goods and services increases, the quantity demanded for them decreases,