Week 1 vocab

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Across
  1. 2. all human made resources
  2. 5. physical objects that is produced: food, clothing, video games
  3. 6. the study of scarcity and choice
  4. 8. skills and knowledge
  5. 9. basic requirements for human survival
  6. 12. things needed to produce: land, labor, capital
  7. 13. effort for which a person is paid
  8. 14. a person who starts up and takes risk on business
Down
  1. 1. the limited nature of society's resources
  2. 3. buildings and tools
  3. 4. action/activity that a person performs for another
  4. 7. all natural resources
  5. 10. temporary stopping or slowing of production
  6. 11. desire that can be satisfied by consuming a good/service