Social Studies: Economics Terminology Crossword Puzzle

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Social Studies: Economics Terminology Crossword Puzzle

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QUESTIONS LIST: depression : a severe decline in the economy with high unemployment, recession : a period of reduced economic activity with rising unemployment, per capita income : average income per person in a country, tariff : a tax on imported goods, duty, import : bring goods into a country, free enterprise : private businesses can organize and compete with little government interference, fiscal policy : congress raises or lowers taxes to influence the economy, communism : an economic system based on government ownership of property, industries, and businesses, producer : a person or company that makes or produces goods, export : sending goods out; selling to other countries, consumer : a person who buys goods, capital : money or machinery used to create more wealth, capitalism : an economic system based on private ownership of property and businesses, surplus : when the supply of a product exceeds the demand for it, inflation : when money loses value and prices become higher, socialism : an economic system where major industries are owned by the government