CHAPTER 2 VOCAB/stetsonzens

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Across
  1. 3. Lack of resources
  2. 4. economic system decisions are made in the marketplace
  3. 5. people who make the goods or
  4. 8. amount of money asked for when bought or sold
  5. 11. the point at witch the quantity supply and demand meet
  6. 12. an individual who undertakes the creation organization or ownership
  7. 14. things used to produce goods and services
Down
  1. 1. there are four _____ of production
  2. 2. all the economic resources necessary
  3. 6. raw material from nature
  4. 7. the amount of goods and services that producers will provide
  5. 9. an economy system in witch a central authority makes the key decision
  6. 10. amount of quantity of goods that contains both private and public enter prizes
  7. 13. the study of how individuals strive to satisfy there needs