Core Concepts Pt 2 Crossword

Study of how people meet their wants and needs
Amount of goods or services available for use
having limited quantity of resources to meet unlimited wants
Person or business that makes and sells products
cost of what you have to give up when making a choice
person or business that buys, or consumes, products
desire for a particular good or service
factor that encourages people to behave in a certain way
organized way for producers and consumers to trade goods and services
struggle among producers for consumers’ money
money a company has left over after subtracting the costs of doing business
general increase in prices
money earned by selling goods and services and by taxes
zero or negative economic growth for six months or more in a row
act of concentrating on a limited number of goods or activities
economy in which people make economic decisions based on their customs
economy that combines elements of traditional, market, and command economic systems
economy in which individual consumers and producers make all economic decisions
economy in which the central government makes all basic economic decisions
exchange of goods and services in a market
good or service produced within a country and sold outside the country’s borders
good or service sold within a country that is produced in another country
tax on imports or exports
something that keeps goods and services from entering a country
removal of trade barriers
plan that shows income and expenses over a period of time
setting aside money for future use
price paid for borrowing money
arrangement in which a buyer can purchase something and pay for it over time
the act of using money in the hopes of making a future profit
share of ownership in a company
certificate issues by a company or government promising to pay back borrowed money with interest