Across
- 2. The people who purchase goods and services
- 4. Companies or individuals who make or provide goods and services
- 5. The quantity of goods and services a business is willing to sell at a specific price and a specific time.
- 6. Mathematical tools and equations that Economists use to measure the health of the economy.
- 9. _________ of production: The resources that are used to make goods and services
- 12. The knowledge and skills gained from education and experience
- 13. Social rules and customs.
- 20. An economic downturn.
- 21. any human-made resource used to produce goods and services
- 23. The type of capital that consists of human-made objects used to create other goods and services
- 25. The term commonly used for the growing integration of the world's economies.
- 27. The cost that is the next best choice that you give up in order to do something else.
Down
- 1. The number of people who are out of work and actively seeking work.
- 3. The quantity supplied is greater than the demand.
- 7. Hiring people in other countries to do certain jobs.
- 8. All natural resources used to produce goods and services
- 10. How Economics measure the changes in the prices of goods and services.
- 11. People's language, beliefs, attitudes, customs, manners and habits.
- 14. The ideal quantity and price
- 15. The study of how people produce, distribute and use goods and services.
- 16. The idea that there is never enough of everything to satisfy everyone completely.
- 17. The total value of all goods and services produced in a country. (init.)
- 18. The quantity of goods and services consumers are willing to buy at a specific price and a specific time.
- 19. The usefulness of something or the measure of how much happiness it brings.
- 22. When the quantity supplied can't meet demand.
- 24. The effort people devote to tasks for which they are paid
- 26. A person who decides how to combine resources to create goods and services.