Carousel carving is a type of woodworking that involves the creation of wooden horses for carousels. It is a craft that requires a high level of skill and precision, as the carvings must be detailed and accurate. The term CAROUSEL CARVING can be broken down into two words: CAROUSEL, which refers to the spinning amusement ride, and CARVING, which refers to the act of cutting or shaping something with a sharp tool. The answer to the crossword puzzle is HORSE, which is the most common type of figure used in CAROUSEL carving.