Fundamental Economic Concept(HRV)
Across
- 11. stuff used to make all things
- 12. work that is performed for someone
- 13. someone in search for profits
- 17. a location that lets buyers and sellers exchange products
- 19. the basic problem in economics
- 20. the worth that is expressed by dollars
- 21. the dollar value of all goods and services
- 22. basic requirements for servial
- 23. the capacity to be useful
- 24. goods intended to be used by people
- 25. the study of hoe people make choices
Down
- 1. peoples skills, abilities, health, and motivation
- 2. quality of life based on ownership of goods
- 3. where consumers and privately of goods owned businesses make most decisions
- 4. work or skills of the people
- 5. land, Labor, capital, and entrepreneurs
- 6. what, how, and for whom to produce
- 7. the cost of the next best alternative
- 8. the number of goods and services that can be made in a given time
- 9. useful, tangible items
- 10. an equation or graph showing how something works
- 14. something we would like, but isn't necessary
- 15. tools used to make goods
- 16. an alternative choice
- 18. natural resources