Economics Crossword
Across
- 4. The physical or financial resources used to produce value in an economy
- 8. Physical work is, an important part of the factors of production
- 10. Ways to compare and contrast the costs and benefits of a product or service
- 11. What you lose by choosing something else over it
- 12. An organisational unit producing goods and services
- 15. Wants, and most needs are unlimited, it is how to satisfy unlimited wants and needs with limited resource
- 16. The inputs needed for creating a good or service, which includes land, labour, enterprise, and capital.
- 18. People always want something more, there is always another product they want to have
- 19. Money paid, for a product or service to satisfy a want or need
- 20. The ability to initiate the production
- 21. Data is used to gauge the health and growth trends of a nation's economy, or of a specific industry sector.
- 22. Same as opportunity cost
- 23. A naturally occurring resource, one of the factors of production
- 24. mixture of public and private enterprises with some intervention from the gov
Down
- 1. Education, training, and quality of equipment with which the labour will use
- 2. The total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period.
- 3. Goods and services that can be substituted
- 5. Where a customer gives up one thing for another
- 6. A limited number of something
- 7. Age, size, gender, and hours worked
- 9. Wants A product that increases in appeal when the popularity of its compliment increases
- 13. When there is not enough of something
- 14. Wants that are never satisfied and keep recurring
- 17. An economic system that combines private and state enterprises.