Across
- 2. will you determine if something is a want or a need, Need is something for survival a want is something that u just think you need
- 5. are the 3 basic economic questions, What , how, whom to produce
- 9. labor
- 11. The branch of knowledge concerned with the production
- 15. ,study of decision made by people and business regarding
- 16. ,Resources are limited wants
- 17. Statements, Descriptive and clearly statements
- 18. event lead to capitalism , The wage and hour strike
Down
- 1. Satisfy humans wants and provide utility
- 3. Cost, potential benefits
- 4. Is a branch that deals with the how the economy is full on large scale
- 6. seller to buyer
- 7. Its something someone gives for something else in return
- 8. Paribus ,All else being equal
- 10. Statements ,situation is desirable or undesirable to something
- 12. a capitalist economy, who owns the factors of production? A command economy also ignores the custom that guides a traditional economy
- 13. then the us economy didnt have a pure caplalist economy because , They wanted every thing to go smooth and not create a monarchy
- 14. will Scarcity always exist, Humans want for goods and services exceed the available supply
- 18. is efficiency important to an economy, To keep it stable