Type
Word Search
Description

allowance
availability
budget
capital
consumer
currency
demand
economics
goods
government
human
interdependent
interrelated
money
natural
needs
producer
resources
salary
services
supply
tax
wage
wants

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 Word Search

Type
Word Search
Description

money
barter
trade
hiring
revenue
resource
scarcity
produce
cost
demand
supply
wants
needs
choice
consumers
producers
services
goods

Economic Systems Crossword

Type
Crossword
Description

Way in which humans allocate scarce resourced to produce various commodities and how those commodities are distributed for societal consumption Economics
Goods and services desired but not necessary for survival Human wants
Goods and services necessary to survival Human necessities
Human skills required to start and run a business Entrepreneurship
Materials used to make goods and services Factors of Production
Amount of a product available to the market Supply
Consumer's willingness to buy a product Demand
Occurs when a product is produced in larger quantities than it is demanded Surplus
Occurs when a product is demanded in larger quantities than it is produced Shortage
Occurs when a product is demanded in the same quantity it is produced Equilibrium
Amount of goods and services the people of a country can buy Standard of Living
General increase in the cost of goods and services Inflation
General decrease in the cost of goods and services Deflation
When the government spends more on programs than it collects in taxes Budget Deficit
Total amount of money owed by the federal government National Debt
When the government collects more in taxes than it spends on programs Budget Surplus
Rise and fall of economic activity over time Business Cycle
Decline in economic activity Recession
A deep, long-term decline in economic activity Depression
Rise in business activity after a recession or depression Recovery

Introduction to Business Word Search

Type
Word Search
Description

mixed economy
command economy
supply
entrepreneurial resources
economic systems
demand
price
market economy
market research
economics
capital resources
natural resources
scarcity
business
competition
resources
goods
needs
wants
services
profit
consumer

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

Free Enterprise System Word Search

Type
Word Search
Description

opportunity cost
marginal
disincentives
incentives
decisions
economics
intangible
tangible
services
goods
resources
human
natural
capital
equilibrium price
transfer payments
purchasing power
monopoly
price fixing
competition
supply
demand
wants
needs
scarcity
consumers
producers

Introduction to Business Ch 1 & 2 vocabulary Word Search

Type
Word Search
Description

mixed economy
command economy
equilibrium price
demand
supply
price
market economy
economic systems
economics
entrepreneur
entrepreneurship
entrepreneurial resources
capital resources
;abor resources
natural resources
factors of production
scarcity
consumer
market research
competition
profit
business
resources
services
goods
needs
wants

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 Terms Crossword

Type
Crossword
Description

People HumanResources
Tools and machinery used to make goods and provide services capitalresources
Raw materials used to make goods or provide services naturalresources
Private businesses operating in competition freeenterprise
a person who comes up with a product or service, or a better way to produce one entrepreneur
the money that the government collects from individuals and businesses to pay for public goods and services. taxes
when people/countries depend on one another. interdependence
producing a good or service better than others as to make it more efficient specialization
when a producer loses money loss
When a producer makes money profit
process of choosing one good or service over another opportunitycost
anyone who buys a good or a service consumer
anyone who makes or grows a good or performs a service producer
there are limited resources, and therefore, people must make choices scarcity
amount of a good or service available supply
what people are willing and able to buy demand
something you can feel, or any kind of merchandise good
any kind of work performed for others service
trading one item for another without the exchange of currency barter
the study of the making, buying, and selling of goods or services economics

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