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Economics Crossword Puzzle

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Economics



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6 what you are willing to give up to get or produce an item
8 contest between businesses to win more customers
10 a type of economic system where producers can earn a profit; also known as free enterprise
11 countries needing each other to meet wants and needs
13 the person known as the founder of Economics
14 a type of economic system where the government controls everything
15 refers to the amount of a good or service that people are both willing and able to buy
16 consists of growth, expansion, peak and recession
17 when prices rice
19 the name of this course
1 goods and services sent out to other countries
2 goods and services brought into a country from other countries
3 total revenue minus total cost
4 the idea that resources are not unlimited (such as toilet paper at this time!)
5 when a company or country is more efficient at producing an item or service, it has the...
7 amount of resources or product available
9 one who makes goods using the factors of production
12 one who buys and/or uses goods or services
18 Things that have earning power or some other value to their owner
20 used as a store of value and a medium of exchange
Answer
 
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