Podcast
Questions and Answers
Match the following terms with their corresponding definitions based on the provided crossword puzzle clues:
Match the following terms with their corresponding definitions based on the provided crossword puzzle clues:
economics = Concerned with allocation. motive = Drive for profit. profit = Reward for risk. value = Created by limited supply and excess demand.
Match the terms with their corresponding definitions based on the crossword puzzle clues:
Match the terms with their corresponding definitions based on the crossword puzzle clues:
enterprise = Another name for business. land = Considered real property. capitalism = An economic system. free = U.S. economy is _____ capitalism.
Flashcards
Economics
Economics
The study of how people make choices under scarcity.
Profit motive
Profit motive
The desire to make a profit.
Capitalism
Capitalism
An economic system where private individuals own and control the means of production.
Profit
Profit
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Private property
Private property
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Study Notes
Crossword Puzzle - Economic Principles
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Across
- 1: Business - Another name for business
- 3: Profit - Drive for profit
- 5: System - An economic system
- 7: Enterprise - Another name for private enterprise system
- 8: Smith - Pioneer of capitalism
- 9: Property - Considered real property
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Down
- 1: Allocation - Concerned with allocation
- 2: Risk - Reward for risk
- 4: Demand - Created by limited supply and excess demand
- 6: Capitalism - U.S. economy is capitalism
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Word Bank
- Capitalism, economics, enterprise, free, land, mixed, motive, profit, Smith(referring to Adam Smith), value
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Description
Test your knowledge of economic principles with this engaging crossword puzzle. Solve clues related to key concepts such as capitalism, profit, and allocation. Perfect for students and enthusiasts of economics!
