Chapter Seven Crossword

The nonmaterial equivalent of a good
The promotion of consumer's interests
The adoption of industrial methods of production and manufacturing by a country or group, with all the associated changes in lifestyle, transport, and other aspects of society
Any interdependent or mutually beneficial relationship between two persons, groups
A social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services
Without material qualities, and so not able to be touched or seen
A quantity of something on hand or available, as for use
The quantity of a commodity or service wanted at a specified price and time
Something that remains above what is used or needed
When there is excess demand and limited supply
The manual or automatic process of applying prices to purchase and sales orders
To make fit, suitable, or congruous; to bring into agreement or concord
To replace something with another similar product or good
Having a practical application or serving a useful purpose
A real or imagined "choice" between alternatives and the possibility of rank ordering these alternatives, based on the happiness, satisfaction, gratification, enjoyment, and utility they provide
A personal preference or liking
A distinctive or peculiar or often habitual manner or way; mode of action or operation
People ages 16 years or older who are employed or looking for work
The percentage of people seeking employment but without work at the current time
Workers who have decided to leave one job and look for another; typically, frictionally unemployed workers are out of the labor market for short periods of time
The increase in unemployment that occurs as the economy goes into a slowdown or recession
Unemployment caused by basic changes in overall economy, as in demographics, technology, or industrial organization
An opportunity forgone; what is lost because a decision is made
A good or token that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and settlement of debts
Something that is in circulation as a medium of exchange
To trade by exchanging one commodity for another; to trade or exchange
An asset's ability to quickly be liquidated or converted through an action or buying or selling without causing a significant movement in the price and with minimum loss of value
An increase in the supply of currency or credit relative to the availability of goods and services, resulting in higher prices
A group of individuals occupying a house, apartment, group of rooms, or a single room that is considered a housing unit
Goods that have a life span or 3 or more years
Items that generally last for only a short time