Economics Vocab
Across
- 3. When there is not enough of something to satisfy how much everyone wants
- 5. A measure of how well people live
- 6. An item that can be traded for goods or services
- 8. The cost of the next best alternative among a person’s choices-the time, money or resources that are gibbon up to make the final choice
- 9. how much is available
- 10. Things you would like to have but you don’t need to survive
Down
- 1. A person who organizes and operates a business
- 2. how much and item costs
- 4. An economy system in which the government makes all economic decisions
- 7. The using up of goods or services