Intro to Economics

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Across
  1. 4. Money, time, or resource a person gives up to make his final choice
  2. 7. The condition where unlimited human wants face limited resources
  3. 9. What motivates you to make you want to do something
  4. 10. A limited resource including minerals, vegetation, animal life, and climate
  5. 12. A chart that shows a combination of goods and/or services that can be produced when all productive resources are used
Down
  1. 1. Desired for satisfaction
  2. 2. Land, capital, labor, and entrepreneurs
  3. 3. means by which something is produced and includes money, tools, equipment, machinery, and factories
  4. 5. Required for survival
  5. 6. Workers who apply their effor, abilities, and skills to production
  6. 8. The alternative choices people face in making economic decisions
  7. 11. Risk takers who combine land, labor, and capital into new products