Economics Puzzle

3. Use of a good or service to impress others.
6. Items used in the creation of other goods. factory machinary, trucks, etc.
10. The study the production and distribution of goods and services, it is the study of human efforts to satisfy unlimited wants with limited resources.
12. Simply the desires of citizens.
15. inventive and risk taking spirit.This is a rather new addition to a tradirtional list.
16. Any good that lasts more than three years when used on a regular basis.
17. assignment of the highest value to those things we need the least, like water and the highest things we often don't need at all like diamonds.
19. the fundemental economic problem facing ALL societies.
20. Air, sunshine are and other items so plentiful no one could own them.

1. Any item that lasts less than 3 years when used on a regular basis.
2. tangible commodity. These are bought, sold, traded and produced.
4. capacity to be useful.
5. people who use these goods and services.
7. Work that is performed for someone.
8. the sum collection of those economic products that are tangible, scarce and useful.
9. tangible commodity. These are bought, sold, traded and produced.
11. the cost of an economic decision.
13. the ability to produce vast amounts of goods (economic products) in an efficient manner.
14. Basic requirements for survival (like food, water shelter).
18. An assignment of worth