Economics vocabulary Unit 1

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Across
  1. 5. involves tools and machines
  2. 6. The value of the choice we could have had.
  3. 8. Take a risk to bring the productive resources together
  4. 9. indicates the place.
Down
  1. 1. studies choices
  2. 2. goods and services that people would like to obtain
  3. 3. refers to the workers
  4. 4. condition that exists because human wants and needs are greater than available resources
  5. 7. items that people must have to live; food, water, shelter, basic clothing