Y7 Economics Crossword

5. The problem that people have unlimited wants but limited resources to satisfy them.
6. The idea that consumers influence what businesses produce through the choices they make when buying goods and services.
8. The amount of a good or service that producers are willing and able to sell.
12. The resources used to produce goods and services.
13. A place or situation where buyers and sellers exchange goods and services.
14. When there is not enough of a resource to satisfy everyone’s wants and needs.
15. A person or business that makes or sells goods and services.
17. The ability to bring land, labour and capital together to start or run a business.
18. Something people would like to have, but can live without.

1. The next best option given up when a choice is made.
2. Human-made resources used to produce goods and services, such as tools, machines, buildings and equipment.
3. The human effort, skills and work used to produce goods and services.
4. Something people must have to survive or live safely, such as food, water, shelter and clothing.
7. Things used to produce goods and services, including land, labour, capital and enterprise.
8. Actions or jobs done for people, such as haircuts, teaching, banking and transport.
9. Natural resources used to produce goods and services, such as water, soil, minerals and forests.
10. A person who buys or uses goods and services.
11. Physical items that people buy or use, such as food, clothes, phones and cars.
16. The amount of a good or service that consumers are willing and able to buy.