Colonial Economics Vocabulary

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Across
  1. 2. workers
  2. 4. people resources; employees
  3. 5. measure the strengths of alternatives
  4. 8. the quantity on hand
  5. 9. a person who buys or uses a commodity
  6. 10. the wealth and resources of region
  7. 12. income exceeds expenses
  8. 16. the quantity people want
  9. 17. costs incurred
  10. 18. expenses exceed income
  11. 20. resources occurring naturally
  12. 21. money paid to or received by workers
  13. 22. money spent to gain profitable returns
Down
  1. 1. shortness of supply
  2. 3. choice made has cost of potential gain
  3. 6. good sold in another country
  4. 7. a person who buys and sells to earn
  5. 11. property resources(included slaves)
  6. 13. a cruel and oppressive person
  7. 14. tangible commodities
  8. 15. good made in another country
  9. 19. money received for goods or service