Economics 1
Across
- 4. System used to manage resources
- 7. How people choose to use resources to satisfy their wants
- 10. Condition that results because people have limited resources but unlimited wants
- 11. Anything used to produce an economic good or service
- 12. Known as the Father of Modern Economics
- 13. exchange one benefit for another
Down
- 1. a quantity that can vary, or change
- 2. what is gained from something in terms of money, time, experience or other improvements
- 3. A method of rational inquiry with six steps
- 5. Something that motivates a person
- 6. spent in money, effort or other sacrifices to get something
- 8. factual information
- 9. The border or outer edge of something