Economics and Finance Crossword Puzzle

QUESTIONS LIST:

• economics : the study of how a society manages all of its resources to produce and distribute goods and services
• supply and demand : the price of goods and services are based on the supply of something and the demand for it
• scarcity : when there is a greater demand for something than the amount actually available
• inflation : the general increase in the price of goods and services over time measured as an annual percentage increase (or decrease)
• opportunity cost : the financial opportunity that is given up because you choose to do something else with your money
• profit : the positive difference between the total revenue from a business or investment minus total expenses
• capital : refers to money; specifically financial assets or the financial value of someone’s assets
• capitalism : a system of economics based on the private ownership of business and the products (goods and services) made and sold
• p&l statement : profit and loss statement
• retained earnings : business income you save for emergencies and future expenses
• resource management : the effective use of all the resources you have available to your business
• socialism : an economic system based on public or collective (such as government) ownership of resources and production