Economic Word Scramble
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| Term | Definition |
| Unemployment Rate | The number of people without jobs who are looking for work divided by the number in the labor force. |
| Business Cycle | Recurring slowdown and growth of an economy. |
| Expansion | The phrase of economic activity during which the economy's total output increases. |
| Recession | A decline in total production lasting at least two consecutive quarters, or at least six months. |
| Depression | Major slow down of economic activity. |
| Recovery | The increase in the overall economic activity. |
| Prosperity | A successful, flourishing, or thriving condition, esp. in financial respects; good fortune. |
| Laissez-faire | Economic system in which the government minimizes its interference with the economy. |
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