Economics Crossword - Kalkie

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Across
  1. 2. Theory Stating that a person does not feel a higher need until the needs of the current level have been satisfied.
  2. 4. Anyone who creates or grows a good, or supplies a service to sell.
  3. 5. Assistance given in exchange for payment, satisfying necessities and luxuries of people or businesses, but does not resolve in a product that can be touched physically.
  4. 8. Goods which could replace one another.
  5. 11. Items which can be seen or touched and are crucial to survival.
  6. 14. Supplied The amount supplied at a specific price.
  7. 16. Fundamental and necessary item for survival.
  8. 18. The quantity of goods and services consumers are willing to purchase at a specific price.
  9. 19. Items which can be seen or touched but are not crucial to daily life.
  10. 21. Unnecessary and luxury items which add pleasure and comfort to daily life.
  11. 23. An economy where the consumers, businesses, and government unanimously make the decisions.
  12. 24. Resources which goods and services are available to consumers.
  13. 26. An economy where decisions are based on customs and traditions passed on from the generations before.
  14. 27. A system that emphasizes the government as the sole important leader and decision-maker.
Down
  1. 1. A product or service that has become outdated and replaced by a new or improved product, and consumers no longer want.
  2. 3. People of the working class.
  3. 6. Resources which aid to creating another resource with increased efficiency.
  4. 7. Resources where people work to produce services and goods in a business (workforce)
  5. 9. A system where consumers and businesses make the decisions, and people are given importance as individuals.
  6. 10. When a business relies on multiple other businesses to thrive.
  7. 12. Curve The visual demonstrating the correlation between the quantity supplied and the price.
  8. 13. Where amount supplied and demanded are equivalent.
  9. 15. Raw material resources that we extract from water, air, and the earth.
  10. 17. Curve The visual demonstrating the correlation between the price and the quantity of product consumers want to purchase.
  11. 20. Equipment, building, money, that is utilized to create goods and services.
  12. 22. The quantity of goods and services businesses are willing and are able to sell at a specific price.
  13. 25. Goods which complement one another.