Chapter 1 and 2 Vocabulary
Across
- 3. - human-made goods that people use to produce goods and services; also, money or other resources used to create wealth
- 6. -a natural feature of the Earth’s land surface
- 7. -an economic system in which people and businesses are free to own the means of production and to compete for profit with a minimum of government interference
- 8. -go around completely to; to sail around the world
- 10. -the cost of passing up the second choice when making a decision
- 11. -a community of living things and the surroundings in which they live
- 12. -the sharing of power between the national government and state and local governments
Down
- 1. - a sea passage between the Atlantic and the Pacific along the north coast of North America
- 2. -a tax on imports
- 4. - resistance of an organism to infection or disease; the condition of being unaffected by something
- 5. - spanish explorer in the Americas in 1500
- 9. -an economic system in which individuals and businesses own the factors of production, and buyers and sellers choose to do business with those who satisfy their needs and wants best