Economics Vocabulary

123456789101112131415161718192021
Across
  1. 5. Anything with monetary value that can be used for your business
  2. 6. The rate at which the prices for goods and services rises and falls, and how valuable money is
  3. 8. The part of economics concerned with large-scale economic factors
  4. 11. A person, group, or country that makes things to sell
  5. 13. When there is not enough supply for the demand
  6. 14. Taking a risk and starting a business on your own
  7. 15. A state where the market supply and demand balance each other and prices become stable
  8. 16. How much of a product people overall want or need
  9. 17. The difference between the cost of your products and the amount of money earned
  10. 18. An economic system where a country's trade and industry are controlled by private owners for profit rather than the state
  11. 19. A supply of money, materials, and other assets used for a business to function effectively
  12. 21. Tangible things bought, sold, and exchanged
Down
  1. 1. Added value to a product
  2. 2. The price of a commodity when sold in a given market
  3. 3. The basic structures and facilities needed for a society or enterprise to function
  4. 4. This measures the amount of goods and services(or real gross domestic product) produced by an hour of labor
  5. 7. The total value of goods produced and services provided in a country during one year
  6. 8. The part of economics concerned with single factors and the effects of individual decisions
  7. 9. A person who purchases and uses something
  8. 10. The degree of wealth and material comfort available to a person or community
  9. 12. Intangible acts bought, sold, or exchanged
  10. 20. How much of a product is available