Economics Vocabulary Crossword
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          
 
 
Down: 1) The study of the economic behavior and decision making of small unites, such as individuals, families, and businesses2) The effort that people devote to a task for which they are paid3) Actions or activities that one person performs for another5) To sell state-run firms to individuals6) Owned by people10) How the nation's total income is distributed among its population11) The financial gain made in a transaction12) The study of the behavior and decision making of entire economies13) Requiring strict obedience from the authority, such as a dictator16) A person or group of people living in the same residence17) The skills and knowledge gained by a worker through education and experience20) A social and political philosophy based on the belief that democratic means should be used to evenly distribute wealth throughout a society21) Working at a job for which one is overqualified, or working part-time when full time work is desired22) Users of goods and services (us)23) An economic system characterized by private or corporate ownership of capital goods; investments that are determined by private decision rather than by state control; and determined in a free market26) The minimum income level set by the federal government27) The income level below which income is insufficient to support a family or household30) A political system characterized by a centrally planned economy with all economic and political power resting in the hands of the central government32) The doctrine that states that government generally should not intervene in the marketplace35) A period in which prices of goods and service rise (Businesses charge more because consumers have more to spend)37) The study of how people seek to satisfy their needs and wants by making choices38) Owned by government39) An item that we desire but that is not essential to survival40) All the alternatives we give up when choose one course of action over another41) Any human-made resources that is used to create other goods and services48) Something like air, food, or shelter that is necessary for survival Across: 4) The concentration of the product efforts of individuals and firms on a limited number of activities7) Limited quantities of resources to meet unlimited wants8) Ambitious leader who combines land, labor, and capital to create and market new goods and services9) Property owned by individuals or companies, not by the government or the people as a whole14) Government-issued coupons that recipients exchange for food15) Land, labor, and capital; the three groups of resources that are used to make all goods and services18) Business owners, managers, and workers who make or operate goods and services19) The percentage of the nation's labor force that is unemployed21) An individual who is able and willing to work but cannot find work24) A period of macroeconomic expansion followed by a period of contraction25) Level of economic prosperity28) The way in which a society organizes itself for production; the method used by a society to produce and distribute goods and services29) A person who wants a job but has given up looking31) The percentage of the total population living below the poverty level33) The income people receive for supplying factors of production, such as land, labor, or capital34) An organization that uses resources to produce a product, which it then sells36) Government programs that protect people experiencing unfavorable economic conditions42) Large farm leased from state to groups of peasant farmers43) To purchase goods or subcontract services from an outside supplier or source44) An arrangement that allows buyers and sellers to exchange things45) A program requiring work in exchange for temporary assistance46) Physical objects such as clothes or shoes47) The average cost of the necessities of life such as food, shelter, clothes and medical expenses, etc.49) A severe, long term economic slowdown50) All human-made goods that are used to produce other foods and services; tools buildings51) Natural resources that are used to make goods and services52) The level of employment reached when there is no cyclical unemployment53) A situation in which a good or service is unavailable; it occurs when producers will not or cannot offer goods and services at the current price
 

 

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