My Puzzles
Report bug
Collected Puzzles
User listed puzzles
Random Puzzle
Log In/Out

Economics Vocab Review


Section One and Two Vocabulary Review

2 3            
    5 6 7     8 9
      12                 13 14        
18                                           19  
26   27                      
29             30                             31
    32   33   34                    
35   36                
  40                 41                          
  42                   43                

3.the financial gain made in a transaction
10.economic system that relies on habit, custom, or ritual to decide questions
12.government programs that protect people experiencing bad times
15.sell state-run firms to individuals
18.economic system in which a central government makes all decisions on the production and consumption of goods and services
20.the most desirable alternative given up as the result of a decision
21.using resources in such a way as to maximize the production of goods and services
22.an organization that uses resources to produce a product, which it then sells
23.limited quantities of resources to meet unlimited wants
24.social and political philosophy based on the belief that democratic means should be used to evenly distribute wealth throughout a society
25.the power of consumers to decide what gets produced
27.ambitious leader who combines land, labor, and capital to create and market new goods and services
29.any human-made resource that is used to create other goods and services
30.economics system in which decisions on production and consumption of goods are based on voluntary exchange in markets
33.market in which firms purchase the factors of production from households
36.Necessary for survival
37.range with no clear divisions
38.Government generally should not intervene in the marketplace
39.private or corporate ownership of capital goods; determined by private decision
40.an expectation that encourages people to behave in a certain way
41.requiring strict obedience to an authority, such as a dictator
42.how people seek to satisfy their needs and wants by making choices
43.a political system characterized by a centrally planned economy with all economic and political power resting in the hands of the central goverment
44.physical objects such as clothing or shoes
1.the income people receive for supplying factors of production, such as land, labor, or captial
2.economic system in which a central authority is in command of the economy
3.the market in which households purchase the goods and services that firms produce
4.the concentration of the productive efforts of individuals and firms on a limited number of activities
5.a phrase that refers to the trade-offs that nations face when choosing whether to produce more or less military or consumer goods
6.item that is desired but not essential
7.level of economic prosperity
8.a graph that shows alternative ways to use an economy's resources
9.An arrangement that allows buyers and sellers to exchange things
11.property owned by individuals or companies
13.alternative that we sacrifice when we make a decision
14.a person or group of people living in the same residence
16.industry that requires a large capital investment and that produces items used in other industries
17.actions or activities that one person performs for another
19.the line on a production possibilities graph that shows the maximum possible output
26.economy moves away from centrally planned economy toward a market-based system
28.term economist use to describe the self-regulating nature of the marketplace
30.market-based economic system with limited government involved
31.the love of one's country; the passion that inspired a person to serve his or her country
32.a situation in which good or service is unavailable
34.that struggle among producers for the dollars of consumers
35.large farm leased from the state to groups of peasant farmers

Use the "Printable HTML" button to get a clean page, in either HTML or PDF, that you can use your browser's print button to print. This page won't have buttons or ads, just your puzzle. The PDF format allows the web site to know how large a printer page is, and the fonts are scaled to fill the page. The PDF takes awhile to generate. Don't panic!

Web armoredpenguin.com

Copyright information Privacy information Contact us Blog