Type
Crossword
Description

What is the first sector of the economy that involves the extraction of raw materials? Primary
What is the type of good that are used together eg shoes and socks? Complementary
What are the non-tangible actions that are linked to goods? Services
What is the sector of the economy that the buying and selling of services are involved in? Tertiary
What is the factor of production that uses her physical and mental efforts that goes into doing a job properly? Labour
What are goods that are luxurious? Veblen
What factor of production involves the business’ owner? Entrepreneur
What term is used for goods that are desires and secondary needs? Wants
What is the sector of the economy that uses technology and research? Quaternary
What are the goods call that you can replace for each other? Substitute
What is the factor of production that the buildings, vehicles and equipment that the business owns are involved in? Capital
What is a good that the government provides, like schools and hospitals? Merit

Crossword Macroeconomics

Type
Crossword
Description

A firm's expenditure on capital goods that will be used in the production of goods and services investment
Three sector economy is also known as Closed economy
Investment that depends on the national income induced
Investment that fixed and independent of income autonomous
Factor that influence imports inflation
The total income received by household in an economy that is available to purchase goods and services or for savings disposable income
Four sector economy is also known as open economy
This tax burden can be transferred to other parties indirect tax
What is formula of consumption function? C=a+bYd
The main component in aggregate demand are Investment and? consumption

Microeconomics Crossword

Type
Crossword
Description

A diagram used to represent the monetary transactions in an economy. Circular Flow Diagram
The market place in which final goods or services are offered for purchase by consumers, businesses and public sector. Product market
A type of business entity that's owned and run by one person. Sole proprietorship
A type of business owned or run by two owners. Partnership
A financial gain. Profit
A company or group of people authorized to act as single entity. Corporation
A state of limited competition, in which a market is shared by a small number of producers. Oligopoly
Only one market gives services Monopoly
A type of market that sells similar products. Monopolistic Competition
The part of economics concerned with single factors and the effects of individual decisions. Microeconomics
A market where a business can go and purchase resources to produce goods and services Resource Market
Buyers will exchange with sellers when they want to purchase goods or services from sellers. Medium of exchange
All else equal, an increase n price results in an increase in quantity supplied Law of Supply
All other factors being equal, as the price of a good or service increase Law of Demand
Price of good or service of which quantity supplied is equal to quantity demand Market clearing price
A measure used in economics to show the responsiveness of the quantity demanded of a good or service to change in its price Price elasticity of demand
A measure used in economics to show the responsiveness or elasticity of the quantity supplied of a good or service to a change in price. Price elasticity of Supply
A market that has a broad range of cometitors who are selling identical products Pure Competition
Something that motivates or encourages someone to do something Incentive
An excess of production Surplus

fundamentals of economics Crossword

Type
Crossword
Description

a steady long term increase in real GDP economic growth
the loss of potential gain from other alternatives when one alternative is chosen opportunity cost
goods used to produce more goods capital goods
a person who uses a good or service consumers
another name for a centrally planned govt. comand economy
there is no such thing as a free lunch TINSTAAFL
give up one benefit to gain another trade-off
the rivalry among sellers trying to achieve such goals as increasing profits competition
a general increase in prices across an economy inflation
a risk-taker in search of profits entrepreneur
a income that does not increase even when prices go up fixed income
study of how people satisfy unlimited wants through careful use of realtive scarce resource economics
physical objects that somone produces goods
the power of consumers to decide what gets producded consumer sovereignty
a financial gain profit
economic system that relies on habit traditional economy
any government system that provides monetary assistance to people with an inadequate or no income. social security
gross domestic product GDP
how much it is worth in money value
the accumulation of products that are tangible, scarce, useful, and transferable from one person to another wealth
mental/physical work or production labor
shortage scarcity
an economy in which prices and wages are determined mainly by supply and demand market economy

Economics Chapter 1 Crossword

Type
Crossword
Description

condition that results from not having enough resources to produce all the things we would like to have scarcity
The study of how people try to satisfy seemingly unlimited and competing needs and wants. economics
a basic requirement for survival need
something we would like to have want
tangible economic product good
work performed for someone service
land, labor, capital, and entrepreneurs factors of production
the value of the next best alternative given up opportunity cost
consumer rights were part of the a movement called consumerism
sum of people's skills, abilities,health, and motiviation human capital
learning a task very well specialization
where all of the factors of production are bought and sold factor market
market in which goods and services are bought and sold product market

Economics Chapter 3 Crossword

Type
Crossword
Description

the force that encourages people and organizations to improve their material well being Profit motive
The concept that everyone can compete in the marketplace Open opportunity
The concept of giving everyone the same legal rights Legal equality
The concept that people have the right and privilege to control their possessions as they wish Private property rights
this allows people to decide what agreements they want to enter into Free contract
This allows people to decide what and when they want to buy and sell, rather than forcing them to buy or sell at certain times or prices Voluntary exchange
The rivalry among sellers to attract customers while lowering costs Competition
A private organization that tries to persuade public officials to act or vote according to the interest of the group's members Interest group
requires companies to give consumers important information about their products Public disclosure laws
The concerns of the public as a whole Public interest
The study of the behavior and decision making of entire economics Macroeconomics
the studyof the economic behavior and decision making of small units such as individuals, families and businesses microeconomics
This part of the economy involves the transactions of the government Public sector
The part of the economy that involves the transactions of individuals and businesses Private sector
The total value of all final goods and sevices produced in a particular economy gross domestic product
a period of macroeconomic expansion followed by a period of contractioon, or decline Business cycle
someone who would not choose to pay for a certain good or service but would get the benefits of it anyway free rider
A situation in which the market, on its own, does not distribute resources efficiently - example of free rider Market failure
this is an economic side effect of a good or service that generates beneefits or costs to someone other than the person deciding how much to produce or consume Externality
an income level below that which is needed to support families or households Poverty threshold

Government & Economy Word Search

Type
Word Search
Description

capitalism
communism
corporation
ecommerce
economic institution
factors of production
free enterprise systems
free trade
laissez faire capitalism
law of demand
law of supply
multinational
oligopoly
primary sector
protectionism
secondary sector
socialism
tertiary sector

Economic Terms Crossword

Type
Crossword
Description

The way a society organizes to produce, distribute, and consume goods and services. Economic System
Tradition determines how a society is organized to produce, distribute, and consume goods/services. Traditional
Individuals make most of the major decisions about production and distribution of goods and services Market
A central authority makes most of the major decisions about production and distribution of goods and services Command
Economic decisions are made by individuals, businesses, and government. Mixed
The worth of a good or service that is determined by the total cost of economic resources that went in to producing and providing a good or service. Value and Price
The amount of a resource, good, or service sellers are willing to sell at possible prices. Supply
How much people want of a good or service at a certain price at a certain time. Demand
People have desires that can be satisfied with goods or services Economic Wants
Human, natural, and capital resources used to produce a good or service. Economic Resources
Wants are unlimited and resources are limited. Scarcity
Goods and services are produced in better quality, quantity, and speed when someones focuses on one particular task. Specialization
People, businesses, and nations depend on others to produce their goods. Interdependence
Any place that allows buyers and sellers to trade goods and services Marketplace
Something that is used to buy and sell goods or services. Currency

Economics Chapter 2 Vocabulary Part 2 Crossword

Type
Crossword
Description

one's own personal gain self-interest
the market in which households purchase the goods and services that firms produce product market
the financial gain made in a transaction profit
market in which firms purchase the factors of production from households factor market
a person or group of people living in the same residence household
the concentration of the productive efforts of individuals and firms on a limited number of activities specialization
level of economic prosperity standard of living
government programs that protect people experiencing unfavorable economic conditions safety net
the income people receive for supplying factors of production, such as land, labor or capital factor payments
mixed economy, leans towards free market side. Canada's economy
mixed economy, leans towards the centrally planned side China's economy
(1723-1790) Scottish philosopher. "wealth of nations" advocated the idea of laissez faire; or government not involving themselves in the economy. Adam Smith

Economics Grade 9 Crossword

Type
Crossword
Description

The products and services created by producers supply
The wants and needs of consumers for products and services Demand
In economics, rivalry among producers to sell products competition
In economics, the idea that land, labour and capital, limit the supply of what people want and need scarcity
Money made from a product or service profit
An economic theory, about goods and services and why people buy things consumerism
An organization of workers that protects workers' rights and interests labourunions
A period of temporary economic decline recession
The exclusive possession or control of the supply or trade in a service monopoly
The activity of producing advertisements for commercial products or services advertising
A system of government in which most of the important decisions are made by government officials Bureaucracy
A fixed, regular payment wage
Work, especially hard physical work labour
A stock or supply of money, materials, staff, etc. resource
Wealth in the form of money owned by a person or organization capital
Those who create products and services producers
Those who use products and services consumers
What’s best for society as a whole publicgood
In economics, the part of the economy owned and controlled by government and paid for by taxes publicowned
In economics, the part of the economy owned and controlled by businesses and individuals privatelyowned
The resources and processes involved in the production, distribution and consumption of goods and services Economy
The way a society organizes the production, distribution and consumption of goods and services economicsystem
The study of the production, distribution and consumption of goods and services economics
A type of economy in which some central authority makes a wide range of decisions pertaining to production and wages. EX: The former Soviet Union plannedeconomy
an economic system where the laws of supply and demand direct the production of goods and services marketeconomy
An economic system combining private and public enterprise. mixedeconomy

Entrepreneurship Vocab Review Crossword

Type
Crossword
Description

Person who works for someone else employee
Person who provides a product or service for someone else for money entrepreneur
Process of running a business of one's own entrepreneurship
Things used to create products or services resources
Person who is a customer consumer
Business that makes the products it sells manufacturing
Money made from providing a good or service income
Costs for supplies used in business expenses
Result when income is greater than expenses profit
Amount added to the cost to determine selling price markup
Federal, state, or local government tax charged on goods sales
Creative problem-solving method that involves coming up with a large number of fresh ideas brainstorming
List of things to be discussed or done in a meeting agenda
Amount subtracted for the retail price to determine the selling price markdown
Making choices and satisfying the wants and needs of consumers economics
Occurs because people's wants and needs are unlimited while the resources needed to produce goods and services are limited scarcity
How much of a good or service a producer is willing and able to produce at different prices supply
Costs that must be paid no meter how much of a good or service is produced fixed
An individual's need or desire for a product or service at a given price demand
Value of the next best alternative opportunity cost
Costs that go up and down depending not he quantity of the good or serve produced variable
Products and services that are brought in from another country to be sold exports
Expenses that a business has every month operating
Financial statements based on estimates pro forma
Item of value owned by a business assets
One-time only expenses that are paid to open a business start up costs
Amount of sales that must be made to cover all of the costs of a business breakeven point