Year 7 Economics

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Across
  1. 2. Human-made tools, machines, or buildings used to produce goods.
  2. 6. The process of distributing resources among competing uses.
  3. 8. Actions or activities that one person performs for another.
  4. 9. Human effort used in the production of goods and services.
  5. 10. A person who buys and uses goods and services.
  6. 12. The study of how people use resources to satisfy needs and wants.
  7. 13. Anything used to produce goods and services.
  8. 15. The point where supply and demand are equal.
  9. 16. The limited nature of society’s resources.
  10. 17. Essential items required for survival, like food, water, and shelter.
Down
  1. 1. The amount of a good or service that producers are willing and able to sell.
  2. 3. A large quantity of something; opposite of scarcity.
  3. 4. Physical items that can be bought or sold.
  4. 5. Non-essential items that people desire to improve their quality of life.
  5. 7. A person or business that makes and sells goods or services.
  6. 11. cost: The value of the next best alternative that is given up.
  7. 14. The amount of a good or service that consumers are willing and able to buy.