Across
- 1. true/false: Recessions increase unemployment.
- 5. field of economics large-scale national factors.
- 7. is a severe, long-term recession.
- 8. study of decisions made by individuals/ businesses.
- 9. is considered the Father of Economics
- 10. Number of how many distinct US econonic traits
- 11. is where the public owns all private resources
Down
- 2. GDP decreases for two or more quarters (3-month period).
- 3. president when Great Depression Started
- 4. Competition & individual benefit are the driving forces
- 5. value determined by # of hours required to produce product
- 6. government has complete control over the economy.