Econ

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Across
  1. 1. can be found by dividing the gross domestic product by the number of people in the country
  2. 4. the FOP that includes all natural resources not produced by humans
  3. 6. the FOP that includes all manufactured goods that are used in a business or by a nation
  4. 8. the amount of the labor force that is not being utilized
  5. 11. the percentage of the people in a nation that can read and write
  6. 16. the dollar value of all final goods and services produced in a country
  7. 19. the percentage of the population that is living at or below reasonable standard of living
  8. 20. work or labor performed for someone
  9. 21. basic requirement for survival
  10. 24. a system that's economic decisions are made by a central authority or government
  11. 25. bringing goods and services into a country
Down
  1. 2. a system that makes its economic decisions based on ritual, habit, or custom
  2. 3. business owner
  3. 5. all of the alternative choices that you didn't choose
  4. 7. the organized way a society provides for the wants and needs of its people
  5. 9. a location or mechanism that allows buyers and sellers to exchange goods
  6. 10. a system in which there is a combination of government authority, people, and traditional to determine how resources are allocated
  7. 12. the next best option that you didn't choose
  8. 13. the resources required by businesses and nations to produce goods and services
  9. 14. the number one problem in economics
  10. 15. selling goods and services to another country
  11. 17. the quality of life based on ownership of necessities and luxuries that make life easier
  12. 18. a system that makes economic decisions through supply and demand or the people
  13. 22. tangible economic product
  14. 23. luxury or something that is not a necessity