Terminology
Across
- 3. Wealth in the form of money owned by a person or organization for a particular purpose such as starting a company or investing
- 6. Goods and Services that are required
- 7. Can be defined as things people want or need
- 8. Resources are scarce compared to the demand for them
- 9. Can be defined as a type of professional activity eg. health, transportation, social services
- 10. Goods and Services that are not needed but desired
Down
- 1. The loss of potential gain from other alternatives when one alternative is chosen
- 2. The Action of doing physical work
- 4. Something that can be used for support or health eg. Local Library
- 5. An expanse of land