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