Economics Vocab Quiz

3. Lowest point in the business cycle
4. Financial assets or resources used to produce goods and services
5. Theory stating that supply creates its own demand in the market
8. Unit of measure used to track changes in the stock market
11. Investment in stocks, property, or other ventures in the hope of gain but with the risk of loss
13. Severe and prolonged economic downturn
16. Market where already-issued stocks are bought and sold

1. Where shares of publicly traded companies are bought and sold
2. Pattern of economic expansion and contraction
6. Period of economic growth following a recession or depression
7. Distribution of a portion of a company's profits to its shareholders
9. Economic principle determining prices based on consumer demand and producer availability
10. Business organization where shares of ownership can be bought and sold
12. Phase of the business cycle characterized by economic decline
14. Period of economic decline marked by reduced GDP and increased unemployment
15. Series of economic programs implemented by President Franklin D. Roosevelt during the Great Depression