Introduction to Economics Crossword Puzzle

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Introduction to Economics Crossword Puzzle

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QUESTIONS LIST:

  • credit : a form of exchange that allows consumers to use items before completing payment for the
  • economics : study of how society choose to use scarce resources to satisfy its unlimited wants and needs
  • resource : anything that people use to make or obtain what they need or want
  • macroeconomics : behavior of entire economies
  • barter : exchange one set of goods for another
  • entrepreneur : a person who attempts to start a new business or introduce a new product
  • exchange : a process in which producers and consumers agree to provide one type of item in return for another
  • technology : use of technical knowledge and methods to create new products or make existing products more efficiently
  • scarcity : limited resources and unlimited wants
  • allocate : to distribute resources in order to satisfy the greatest number of needs and wants
  • value : can be expressed as an amount of money, or a price, that is assigned to goods and services
  • interdependence : events or developments in one region of the world or sector of the economy influence events or developments in other regions or sectors
  • economist : someone who studies the economic choices that people make to satisfy their needs and wants
  • services : actions or activities that are performed for a fee
  • microeconomics : study of economic choices made by households, companies and individuals
  • money : any item that is readily accepted by people in return for goods and services
  • goods : physical objects that can be purchased