What is Economics?

123456789101112131415
Across
  1. 4. Combination of limited resources and unlimited wants and needs
  2. 5. Basic requirement for survival
  3. 6. Social science that studies how and why people make decisions
  4. 7. Economic study of large groups such as governments and whole countries
  5. 9. Cost Cost of the next best alternative use of your resources
  6. 12. Something we would like but not required for survival
  7. 13. tangible product that is useful
  8. 14. Work or labor performed for someone.
  9. 15. All the abilities and efforts of the people
Down
  1. 1. The capacity to be useful and give satisfaction to someone
  2. 2. Risk-taker in search of profit who does something new with the other factors of production
  3. 3. Economic study of single businesses and individuals
  4. 8. Tools, equipment, and factories used in production
  5. 10. Alternative that must be given up when a choice is made
  6. 11. Natural resources not created by human effort