Across
- 1. the amount of money given or asked for goods and services.
- 4. The motive of business.
- 6. With inflation, one's buying power_____.
- 8. Who undertakes the creation, organization, and ownership of a business.
- 10. The lack of resources.
- 12. Downtruns in major industries can bring on one.
- 14. Type of research about wants and needs.
- 15. We determined that the U.S. has this type of economy.
- 16. Something I need.
- 18. Pairs of ice skates are an example of this.
- 22. Few people have enough to satisfy all of their wants.
Down
- 2. GDP, standard of living, rate of inflation are all examples of economic _________.
- 3. The number of factors of production.
- 5. The number of steps in the decision making process.
- 7. Any commercial activity that seeks profit.
- 9. Scarcity of resources force countries to develop this type of system.
- 11. the contest between businesses to win customers.
- 13. The type of economic system that involves a central authority.
- 17. There are four stages of the _______ cycle.
- 19. Amazon is an example of this type of industry.
- 20. Grains are an example of what resource.
- 21. China owns the majority of our nations ______.