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