Introduction to Economics Crossword Puzzle

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