Description

The total amount of goods and services consumers are willing to buy.
The total supply of all the goods and services available in an economy.
A graph illustrating the relationship between real GDP and time. The y-axis is real GDP. The x-axis is time. The four main parts of the business cycle includes the recovery/expansion, the peak, contraction/recession, and trough.
Economic measure of inflation in the domestic economy, and is determined by tracking the prices of a specific set of goods and services purchased by the public.
Phase of the business cycle is a period in which real GDP is declining.
Unemployment that is caused by a downturn in the business cycle.
General decrease in the level of prices.
Prolonged period of economic decline with large numbers of unemployed, shrinking incomes, and general economic hardship.
Increase in the value of the goods and services produced by an economy.
Lasts until real GDP reaches the level of the previous peak.
Based on transaction made in the product market. The purchases made in the product market include household and business expenditures, government spending, and foreign expenditures. (Changes in these result in a shift of the aggregate demand curve)
Unemployment caused by people changing jobs.
When a government spends more money than it takes in.
Total value of all the goods and services produced within a country in a given year.
Based on transactions made in the factor market. Each of the factors of production earn a specific income payment. Firms pay rent for land, pay wages for labor, pay interest for capital, and pay profits who start /own businesses.
This is the study of an economy as a whole.
GDP uses market prices of goods and services for calculations. The use of market prices is one problem with the accuracy of GDP because people often buy at discounted prices.
Total amount of money a nation owes its creditors.
Refers to the highest point of real GDP between the end of an economic expansion and the beginning of an economic contraction.
A decline in a country's GDP for two or more successive quarters. It is usually characterized by a significant decline in economic activity
Occurs when real GDP becomes positive after a period of negative real GDP.
This is a period of large price inflation combined with no output growth, increasing unemployment, and a recession.
Unemployment that is caused by changes in technology or reduced demand for certain products.
The lowest point of real GDP between the end of a contraction and the beginning of a recovery.
Refers to the percentage of the civilian workforce who are available for a job but do not have one.
This is the lack of jobs for willing workers.

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Unit 3 vocabulary

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running a venture

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Unit 4 Review

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ECONOMIC JARGON

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Frequently Asked Questions

What is a crossword?

Crossword puzzles have been published in newspapers and other publications since 1873. They consist of a grid of squares where the player aims to write words both horizontally and vertically.

Next to the crossword will be a series of questions or clues, which relate to the various rows or lines of boxes in the crossword. The player reads the question or clue, and tries to find a word that answers the question in the same amount of letters as there are boxes in the related crossword row or line.

Some of the words will share letters, so will need to match up with each other. The words can vary in length and complexity, as can the clues.

Who is a crossword suitable for?

The fantastic thing about crosswords is, they are completely flexible for whatever age or reading level you need. You can use many words to create a complex crossword for adults, or just a couple of words for younger children.

Crosswords can use any word you like, big or small, so there are literally countless combinations that you can create for templates. It is easy to customise the template to the age or learning level of your students.

How do I create a crossword template?

For the easiest crossword templates, WordMint is the way to go!

Pre-made templates

For a quick and easy pre-made template, simply search through WordMint’s existing 500,000+ templates. With so many to choose from, you’re bound to find the right one for you!

Create your own from scratch

  • Log in to your account (it’s free to join!)
  • Head to ‘My Puzzles’
  • Click ‘Create New Puzzle’ and select ‘Crossword’
  • Select your layout, enter your title and your chosen clues and answers
  • That’s it! The template builder will create your crossword template for you and you can save it to your account, export as a word document or pdf and print!

How do I choose the clues for my crossword?

Once you’ve picked a theme, choose clues that match your students current difficulty level. For younger children, this may be as simple as a question of “What color is the sky?” with an answer of “blue”.

Are crosswords good for students?

Crosswords are a great exercise for students' problem solving and cognitive abilities. Not only do they need to solve a clue and think of the correct answer, but they also have to consider all of the other words in the crossword to make sure the words fit together.

Crosswords are great for building and using vocabulary.

If this is your first time using a crossword with your students, you could create a crossword FAQ template for them to give them the basic instructions.

Can I print my crossword template?

All of our templates can be exported into Microsoft Word to easily print, or you can save your work as a PDF to print for the entire class. Your puzzles get saved into your account for easy access and printing in the future, so you don’t need to worry about saving them at work or at home!

Can I create crosswords in other languages?

Crosswords are a fantastic resource for students learning a foreign language as they test their reading, comprehension and writing all at the same time. When learning a new language, this type of test using multiple different skills is great to solidify students' learning.

We have full support for crossword templates in languages such as Spanish, French and Japanese with diacritics including over 100,000 images, so you can create an entire crossword in your target language including all of the titles, and clues.