Economics 1

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