Intro to Economics

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Across
  1. 2. in this type of economy skills are specialized and people barter and trade
  2. 5. a product that will help you create another product for profit
  3. 7. branch of economics dealing with smaller units like towns or businesses
  4. 8. working class works, and wealth is redistributed
  5. 9. when prices go up and purchasing power does not go up
  6. 10. alternatives you did not choose when making a decision
  7. 11. stagnant economic growth combined with inflation
Down
  1. 1. the price that balances quantity demanded and quality supplied
  2. 3. the social science concerned with the problem of scarcity
  3. 4. wrote the Communist Manifesto
  4. 6. this model explains how money moves from businesses to households and back into the economy