Scarcity, Choice and Economic Resources

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Across
  1. 2. The basic building blocks that people use to create goods and services (9 letters).
  2. 3. The willingness and ability of consumers to buy goods and services (6 letters).
  3. 5. The overall system in which goods and services are produced and distributed in a country (7 letters).
  4. 6. A natural resource like land, water, and minerals used to produce goods and services (4 letters).
  5. 8. The effort and work of people in the economy (4 letters).
  6. 9. A system in which decisions about production and distribution are made by individuals or businesses (6 letters).
  7. 10. A system that combines elements of both market and command economies (5 letters).
  8. 11. The amount of a product or service available to consumers (6 letters).
Down
  1. 1. This type of economic system is based on traditions and customs (9 letters).
  2. 4. The ability to create new products and take risks to start businesses (14 letters).
  3. 7. Money, tools, and machines used to produce goods and services (7 letters).