Description

a rivalry between two or more businesses trying to sell products to the same customer or market
refers to come much of a product or service is desired by the buyers
the study of how individuals and societies make decisions about production and consumption of goods and services
refers to how much the demand for an item changes based on a change in the price of that item
a person who uses their ideas and takes risks in order to create a new business
one of the factors of production that involves taking the actions and risks necessary to produce a new product or business
the price at which quantity demanded meets quantity supplied
a natural resource that is irreplaceable
a side effect of an action that effects a third party other than the buyer or the seller
the human natural and capital resources that are used to produce a product or service good that we consume to satisfy our needs and wants
things that satisfy human wants
an action or reward that motivates someone to behave in a certain way
the item is considered a necessity, so a price change does not significantly affect the demand of an item
increase in the overall prices for goods
the satisfaction that one receives from one more unit of a good service
the additional effort or price of producing or using one or more of good or service
anything that is generally excepted as payment for a good or service
things you must have to survive
benefits you could have received by performing an alternative action to the one you chose to do
the highest price buyers must pay for a product
the lowest price buyers must pay for a product
a natural resource that can be replaced
a shortness pf supply
activities used to satisfy your wants and needs
the total amount the market is currently producing
things you would like to have but can go without

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Economic Terms

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running a venture

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Unit 4 Review

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ECONOMIC JARGON

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KEY TERM TOPIC 2.3

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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.