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Economics Word Find

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Economics Word Find

At a remote weather station, Tane and Levi are organising a small supply stall for the research team. Find the economics terms hidden in the grid, then use them to solve the market challenges. In the grid, words run left to right and may continue from the end of one row to the beginning of the next; ignore spaces between words.

Find the economics terms

Circle these eight terms in the grid: SUPPLY, DEMAND, EQUILIBRIUM, TAX, SUBSIDY, SURPLUS, SHORTAGE, PRICEFLOOR. Words run horizontally from left to right and may continue from the end of one row to the beginning of the next.

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1.At the stall, many researchers want hot drinks, but only a few are available. Which word from the list describes this situation? Explain why.
2.The stall has 18 ponchos, but the team buys only 11. What is left over, and which word from the list describes it?
3.Match each term to its meaning: supply; demand; tax; subsidy.
  • Supply
  • Demand
  • Tax
  • Subsidy
  • How much buyers are willing and able to buy
  • Government support that can lower a seller’s costs
  • A payment collected by the government
  • How much sellers are willing and able to offer
4.Choose the best description of market equilibrium: (A) buyers want more than sellers offer; (B) quantity supplied equals quantity demanded; (C) sellers have unsold goods.
  • A
  • B
  • C
5.Tane suggests setting a legal minimum price for the stall’s bottled water. Which word find term names this kind of minimum price?
6.True or false? If demand for hot drinks rises while supply stays the same, a shortage may occur at the old price.
TrueFalse
7.Fill in the blank: A payment added by the government to the cost of selling a product is a .
8.The station subsidises locally delivered emergency supplies. Give one possible effect this subsidy could have on the stall’s supply or price.

3 printable pages

  • Economics Word Find, page 1 of 3: Find the economics terms

    Page 1

  • Economics Word Find, page 2 of 3: R P L U

    Page 2

  • Economics Word Find, page 3 of 3: 3. Match each term to its meaning: supply; demand; tax; subsidy.

    Page 3

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