Across
- 3. any activity that one person or group performs for another for payment
- 6. how individual markets for goods and services work
- 8. the total amount of money a bank loans a consumer
- 12. how the overall economy works
- 14. materials that occur in nature that can be used for economic gain
- 15. trading goods and services
Down
- 1. a resource that can not be replaced in our lifetime
- 2. anything that can be used to produce goods and services
- 4. the study of how things are bought and sold
- 5. the willingness to take risks to combine resources and start businesses
- 7. something that the bank can repossess if loans are not paid
- 9. any physical or mental efforts of people who work
- 10. materials needed to produce goods and services such as machines
- 11. a resource that can be replaced in a relatively short amount of time
- 13. a fee paid for the use of money
- 16. any item that can be bought or sold