Economics Crossword by Naomi

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Across
  1. 5. The economy where consumers and producers share responsibility.
  2. 7. Things we would like to have, like entertainment and fashion.
  3. 9. When people or businesses concentrate on making goods that they produce better than everyone else.
  4. 10. A record of the money that flows in and out of your household.
  5. 13. ________ is how much a producer is willing to sell.
  6. 15. Workers who work in a company.
  7. 17. Economic _______________ is when others rely on us and vice versa to provide goods and services.
  8. 18. ___________ cost are the choices we must give up in order to pick another choice.
  9. 21. The people who buy stuff.
  10. 26. People who own businesses, invest money, or invent something.
  11. 27. Things used to make other things.
  12. 31. The supply _____ helps us determine the price we will buy something for in a store.
  13. 32. _____ are products you buy.
  14. 33. A sacrifice needed to chose between two options; a compromise.
  15. 35. The economy where the government controls 100% of business.
  16. 37. The people who sell stuff.
  17. 38. Opposing businesses working to make the highest profit against all other companies.
  18. 39. The economy where people control 100% of business.
  19. 40. Measure of the amount of goods and services produced in a specific time period.
  20. 41. Something people offer to each other.
Down
  1. 1. ________ markets are where productive resources are bought and sold.
  2. 2. When you do not have enough products to meet the demand.
  3. 3. The _________ cost is the total cost it takes to run a business for a month or a year.
  4. 4. ______ of labor is breaking down a job into small tasks preformed by other workers.
  5. 6. Economics dealing with one individual.
  6. 8. Natural resources.
  7. 11. The ___________ point is where supply and demand meets. Profit is maximized here.
  8. 12. free and willing exchange of goods and services between buyers and sellers.
  9. 14. The economy where there is only trade, no money.
  10. 16. ________ markets are where producers offer goods and services for sale.
  11. 19. Goods that you use together.
  12. 20. How much people are willing to buy.
  13. 22. When a market is dominated by a few businesses.
  14. 23. When you have way too many products than demanded.
  15. 24. The problem of not having enough resources to produce all the things we want.
  16. 25. Goods that are used in place of others.
  17. 28. Only having one company that focuses on a specific good.
  18. 29. Things needed for survival, like food and clothing.
  19. 30. Making the best use of scarce resources.
  20. 34. Economics dealing with the big picture, with more people and businesses.
  21. 36. The Law of ______ states the more you sell something, the more producers can produce.