Finance & Econ Vocab
Across
- 4. When making a decision, this is the choice that is not chosen.
- 7. How we distribute resources.
- 9. (FOP) Uses all resources (Land, Labor, & Capital.) to produce products.
- 12. Rules placed on the production of goods by government agencies.
Down
- 1. (FOP) Tools, machines, etc. That are used in production.
- 2. Things or services that aren't needed but desired. Ex. Toys, Video Games.
- 3. The reason behind our decision.
- 5. A state of unlimited wants exceeding limited needs.
- 6. (FOP) Human resources. Skills and physical abilities.
- 8. Resources for basic survival. Ex. Food, Water.
- 10. Resources that are temporarily unavailable.
- 11. (FOP) Natural resources. Comes from Nature.