Economy

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Across
  1. 4. something necessary for survival
  2. 5. human-made resources used in production
  3. 7. implies limited quantities of resources to meet unlimited wants
  4. 9. Capital knowledge and skills a worker gains through education and experience
  5. 11. all natural resources
  6. 12. when producers cannot offer goods or services at current prices
  7. 13. all of the effort which people devote to a task for which they are paid
Down
  1. 1. the study of how people seek to satisfy needs and wants by making choices
  2. 2. physical objects provided to consumers
  3. 3. actions that one performs for a consumer
  4. 6. leaders who combine factors of production to create new goods and services
  5. 8. Capital human-made objects used in the production of others
  6. 10. of Production land, labor, and capital