Chapter 1 vocab

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Across
  1. 2. All naturally occurring resources
  2. 4. An alternative choice
  3. 7. Increase in a nation's total output of goods and services over time
  4. 9. Goods that last less than 3 years when used on a regular basis
Down
  1. 1. Individuals who start business or bring a product to the market
  2. 3. Author of "Wealth of Nations"
  3. 5. Value of the item that you gave up
  4. 6. Tools, equipment, and factories use in production
  5. 7. How people meet their needs and wants
  6. 8. Sum of people's skills, abilities, health, knowledge and motivation