Economics Key Terms

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Across
  1. 1. The alternative you get when you make an economic choice
  2. 4. of production What or how it is produced
  3. 7. Someone who makes goods or provides service
  4. 10. Human time and effort going in to make a product
  5. 11. To make decisions to what you believe is right
  6. 15. Are things needed in order to survive
  7. 16. Practice of examining the cost and benefits
  8. 17. The satisfaction gained from use of a good or service
  9. 18. When there is not enough resources to meet human wants
  10. 20. Are physical objects such as clothing
  11. 21. Resources made and used by people to distribute goods and services
Down
  1. 2. The willing to take risk and use skill to create and run a bussniess
  2. 3. Where natural resources can be found to produce goods.
  3. 5. The benefit of the good or service received
  4. 6. The way people choose to use their resources and satisfy their wants
  5. 8. Work someone performs for another payment
  6. 9. The cost of using one more unit of good or service
  7. 12. Decision of the next based option
  8. 13. Someone who buys good or service for personal use
  9. 14. Befits offer to encourage people to act in certain ways
  10. 19. Are desires that can be satisfied by a consuming good or service