Economics

1. The amount of a good or service that is available to buy.
2. The part of the economy run by individuals and businesses (like stores, restaurants, and companies). or paste your list of words here
6. The next best thing you give up when you make a choice.
7. Tools, machines, and buildings used to make goods or provide services.
9. The resources needed to make goods and provide services.
12. When there is more of something available than people want to buy.
13. When there is not enough of something to meet everyone’s needs or wants.
14. The people who do the work to produce goods and services.

1. When people focus on doing one type of job or task really well.
3. Work that someone does for you, like teaching, cutting hair, or fixing a car.
4. Things you can touch and buy, like food, clothes, or toys.
5. Materials from nature used to make goods, like water, trees, oil, and minerals.
8. The ability to start and run a business and take risks to make a profit.
10. How much people want to buy a good or service.
11. The part of the economy run by the government (like public schools, police, and parks).