Money Matters terminology

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Across
  1. 4. This is opportunities forgone because consumers are faced with unlimited choice but limited time or money.
  2. 7. -------- are something we receive for our money and is great assistance to us however we don’t receive anything physically. Examples are education, doctors, dental care ect.
  3. 9. Equipment such as technology, machinery and infrastructure used in the production of goods and services.
Down
  1. 1. The use of human work and skill in the production of goods and services.
  2. 2. Things that people would like to have but can live without.
  3. 3. This is when resources make something people can physically buy and receive. ----- are things like books, laptops, jewelry, foods and skin products.
  4. 5. Anything that can be used or has the potential to be used to satisfy our needs or wants.
  5. 6. Things that we cannot live without.
  6. 7. This occurs because people have unlimited wants but there is limited resources to provide for them. ------- often increases the value of a resources.
  7. 8. These are natural resources, e.g forests, soil, water, minerals (to be mined), which are used to produce goods and services.