Unit 1 Vocabulary
Across
- 3. shows the combination of all goods that can be produced annually
- 4. extra left over
- 5. desired but limited
- 8. brings about better products at lower prices
- 9. temporarily out
- 11. producing goods in small or foreign countries to save labor costs
Down
- 1. the best alternative not chosen
- 2. knowledge and skillset
- 6. a good used to produce a good or service
- 7. how we satisfy unlimited wants with limited resources
- 10. a risk taker for big money