Intro to Economics

1234567891011121314151617
Across
  1. 6. a synonym for shortage
  2. 8. services can be __________ or unpaid
  3. 10. one type of scarcity is scarcity of ______
  4. 11. these are the basic materials used to make a product; they come from natural resources
  5. 14. these kinds of resources are found directly in nature
  6. 15. we have to make _______ because of scarcity
  7. 16. another term for money (or other type of wealth used for a purpose)
  8. 17. you cannot survive for more than 3 days without this natural resource
Down
  1. 1. a self-made businessperson
  2. 2. these are merchandise or possessions
  3. 3. work, especially physical work
  4. 4. the study of choice under conditions of scarcity
  5. 5. one type of scarcity is scarcity of ____
  6. 7. merchandise means things that are for ___
  7. 9. this raw material comes from sheep
  8. 12. anything you own that has value
  9. 13. the action of helping or doing work for someone