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7th Grade Economic Terms

Name_________________________
Date__________________________
Across
short for gross domestic product.
a person who purchases goods and services for personal use.
into a country from abroad for sale
send to another country for sale
controlling trusts
Government System
total percent of population
a tax on imports or exports between sovereign states
determined centrally by a government.
raw materials
nature that can be used for economic gain.
a report
a general increase in prices and fall in the purchasing value of money.
act of placing cash with some entity
backup supplies or resources
payment fee from a borrower
medium of exchange
lend
Down
common way to motivate and reward salespeople
without cost
materials that satisfy human
remove or take away
a person who organizes and operates a business
a transaction in which no physical goods are transferred from the seller to the buyer
An act to protect trade and commerce
control of the supply of
easy access to the funds in your bank account
Money
An Act that upholds various rights of labor
the system of rules
studies the production, distribution, and consumption of goods and services
Income not spent
commercial dealings are conducted
an amount owed
private and public enterprise
bound to contribute