Economic Systems Crossword

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