Across
- 2. A type of resource that are people who create products and provide services.
- 5. A company or government that needs money can sell these. An owner of these is paid interest and on a certain future date, gets back the amount he or she paid for the ___.
- 8. A type of resource that are materials from nature that are used to produce goods and services.
- 10. A type of good that is used immediately or within three years and have to be replaced.
- 11. A type of account to keep money that will be used to pay bills or make purchases.
- 13. The abbreviation for a type of account that a person deposits money for a certain amount of time and earns interest. The larger the amount of time, the higher the interest rate.
- 14. The amount of product people want.
- 16. A type of account that requires larger amounts of money in them and earn higher interest than regular accounts.
- 18. An economy based on consumer needs for goods and services. Demand dictates production and price. Citizens are free to develop businesses,so there is a wide choice of goods and services.
- 19. Allows a stockholder to "own" a small portion of a company. A stock-holder receives the right to part of the company's profits.
- 20. An economy where the government controls resources and industries. It determines which goods and services are produced, the amount of goods produced and services available, and who receives them.
- 21. A type of goods that are used to make other goods. (also known as producer goods.)
- 22. A type of resource that are produced and used to make other goods or provide services.
Down
- 1. A type of good that is expected to last more than three years.
- 3. Materials that are available to produce goods and provide services. There are several different kinds.
- 4. A type of goods made for use by individuals to meet their needs and wants.
- 6. A type of account that is a place to keep money and earn interest on it.
- 7. A system that controls the way the country organizes its money and resources to produce and distribute goods and services to satisfy peoples wants and needs.
- 9. An economy based on family and/or community and customs. Work methods and tools change little over time.
- 12. Products people use or consume. There are several different types.
- 15. An economy that is a combination of market economy and command economy. The involvement of privately owned companies and the government are both important to economic success.
- 17. Amount of money needed to buy a product or service.
- 19. The amount of product available for purchase.