Across
- 3. The number of products that businesses are willing to sell at different prices at a specific time.
- 6. the supply of the product equals the demand of the product.
- 8. The condition in which a percentage of the population wants to work but are unable to find jobs
- 9. An economic system in which the government owns and operates basic industries, but individuals own most businesses.
- 10. Study of how resources are distributed to produce goods and services within a social system.
- 11. The number of goods and services that consumers are willing to buy at different prices at a specific time.
Down
- 1. A condition characterized by a continuing rise in prices
- 2. an economic system in which individuals own and operate most businesses that provide goods and services.
- 4. A condition in which unemployment is high consumer spending is low and business output in reduced.
- 5. a society in which the people, without regard to class, own all the nation's resources.
- 7. A decline in production, employment and income