Economics Crossword

6. 3 basic economic questions
8. individuals who use all three categories of factors of production to produce goods and services
9. Basic term in Economics, supply of a good is available, demand is the amount that consumers are willing to buy
11. measures how efficiently resources are used to produce goods and services
13. are based on morals or ethics
17. Domestic Product the total value of the final goods and services a country produces
18. individuals who are not working but are seeking work
19. limited resources
21. Stability prices remain constant
22. tools, machinery, factories, or manufactured goods used to produce goods and services
23. choosing one option over the other option
24. assurances people have
25. financial plan that outlines expected income over a certain period of time
26. Next best alternative

1. resources used to produce goods and services
2. incentives that alter the cost or benefits
3. increase in the value of goods and services
4. where goods and services are bought or exchanged
5. the goods and services you can manufacture or create with the resources that are available
7. resources that are natural
10. using resources efficiently (7 Econ Goals)
12. fair distribution of wealth
14. making your own economic decisions
15. rewards or penalties that motivate individuals or businesses
16. individuals or groups who purchase and use goods and services
20. resources that require human effort to produce goods and services