Scarcity and the Science of Economics

12345678910111213141516171819
Across
  1. 1. work or labor
  2. 4. monetary worth of a good or service
  3. 5. basic requirements for survival, including food, clothing, and shelter
  4. 8. tangible economic product that is useful
  5. 9. ability or capacity of a good or service
  6. 11. an item that is worn out
  7. 13. fundamental economic problem facing all societies resulting from a combination of scarce resources
  8. 15. intended for final use by consumers other than businesses
  9. 18. of value prices of certain essential goods and non-essential goods
  10. 19. tool
Down
  1. 2. not physical; something that cannot be touched
  2. 3. sum of tangible economic goods
  3. 6. the study of scarcity and its implications for the use of resources
  4. 7. that lasts for at least three years when used regularly
  5. 10. domestic product monetary value of all final goods, services, and structures
  6. 12. something we would like to have but is not necessary for survival
  7. 14. capable of being passed from one person to another
  8. 16. covering many or all areas
  9. 17. gradual collection of goods