Vocab Ch 1

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Across
  1. 2. a useful tangible item
  2. 3. social science that teaches how to satisfy people's needs and wants
  3. 5. of value goes against logic of essential and non-essential items
  4. 7. good not for immediate consumption, used regularly and kept for a period of time
  5. 12. accumulation of tangible items that have utility and transferable
  6. 13. of value being from one person to another
  7. 14. not a necessity for survival
  8. 15. collection of items
  9. 17. an action that is performed by someone
Down
  1. 1. goods goods to satisfy consumers other business
  2. 4. goods for immediate consumption or always immediate consumption, use regularly
  3. 6. can be expressed in dollars and cents
  4. 8. not physical
  5. 9. goods goods used to produce other goods
  6. 10. economic issues being faced in all societies because of limited resources of people's needs and wants
  7. 11. the ability of a good that is or isn't useful to someone
  8. 16. necessity for survival