Ivette's Great Big Economics Vocabulary List

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Across
  1. 1. The ability to borrow money.
  2. 4. Capital/ The knowledge and skills that make it possible for worker to earn a living producing goods.
  3. 5. To pay money out.
  4. 6. To put money to use with the potential of earning.
  5. 8. Buying an selling goods/services between countries.
  6. 9. Economy/ An economy in which most economic decisions are based on customs and on the habitat of how such decisions were made in the past.
  7. 14. The economic continuum of where each country would land.
  8. 15. Creative, original thinkers who are willing to take risk to create a new business and products.
  9. 18. Economy/ An economy where the government makes most of the economic decisions for the workers.
  10. 19. An economic system in which the means of production and distribution are privately or corporate own or developed.
  11. 20. The value of all goods and services produced within a nation in a given year.
Down
  1. 2. A trade barrier in which one country announces that it will no longer trade with another country in order to isolate in cost, problems, with that country's economy.
  2. 3. Economy/ An economy that has the characteristics of both a command and market economy.
  3. 5. The products a county makes best and are in demand on the world market.
  4. 7. A tax placed on goods when they are brought into one country from another country.
  5. 10. A monetary payment received for goods, services, rents or investments.
  6. 11. Economy/ An economy in which a society's economic decisions are made by individuals who decide what to produce and what to buy.
  7. 12. Money
  8. 13. A way of limiting the amount of foreign goods that can come into a country.
  9. 16. The money that you have not spend after buying things needed and wanted.
  10. 17. Barrier/ Anything that slows down or prevents one country from exchanging goods with another.