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Economics Basics

Across
An area in which commercial dealings are conducted
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
A person, company, or country that makes, grows, or supplies goods or commodities for sale
The amount of goods and services that people want to buy
An economic system combining private and public enterprise
Money paid regularly at a particular rate for the use of money lent
A system of production and distribution of goods and service s within a society or a given area
What is used in the production process to produce finished goods and services
The difference between the amount earned and the amount spent in buying, operating, or producing something
The financial management which an individual or a family unit performs to budget, save, and spend their money
An act of selecting or making a decision when faced with two or more possibilities
An organization or person that lends money
The amount of goods and services that are available for people to buy
Down
Any type of physical or mental exertion used to produce
An area and all the gifts of nature which affect production
An economy in which production, investment, prices, and incomes are determined centrally by a government
Money that an individual or business receives in exchange for providing a good or service
Things people have to have to easily live
A system that relies on customs, history, and time-honored beliefs
The cost required for something, the money spent on something
The loss of potential gain from other alternatives when one alternative is chosen
An estimate of income and expenditures for a set period of time
A person who purchases goods and services for personal use
The purchase of goods made with money in production
something a person would like to have, but not necessary to live