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Economics Crossword
Down
:
2) using resources in such a way as to maximize production or output of goods and services.
4) to sell state-run firms to individuals
5) large farms leased from state to groups of peasant farmers.
6) actions or activities that one person performs for another.
9) hi
11) total value of all final good and services produced in a particular economy; the dollar value of all final good and services produced within a country's borders in a given year.
13) goods and services provided for free or at greatly reduced prices.
Across
:
1) own personal gain.
3) most desirable alternative given up as the result of a decision.
7) level of economic prosperity.
8) method used by a society to produce and distribute goods and services.
10) using fewer resources than economy is capable of using.
12) effort that a person devotes to a task for which that person is paid.
14) concerns of public as a whole.
15) physical objects such as shoes and shirts.
16) income people receive for supplying FOPS- land, labor, capital, or entrepreneurship.
17) goods and services that firms produce are purchased by households.
18) doctrine that states government generally should not intervene in market place.
19) someone who wouldn't choose to pay for a certain food or service, but who would get benefits of it anyway if were provided as a public good.
20) income level below that which is needed to support families or households.
21) part of economy that involves transactions of individuals and businesses.
22) when producers will not or cannot offer goods or servies at current prices.
23) laws requiring companies to provide full information about their products.
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