Across
- 2. work performed for someone
- 3. alternative that must be given up when one choice
- 6. markets in which productive resources are bought
- 10. basic requirements for survival
- 12. a social movement that was aimed at promoting
- 13. value of a nonessential item
- 16. meeting place or mechanism through which buyers and sellers buy the product
- 17. market in which goods and services are bought and sold
- 18. simplified version of a complex concept
- 19. natural resources not created by humans
- 20. sum of tangible economic goods
- 21. Something that is not necessary for survival
- 26. representing all possible combinations
- 29. mutual dependence on the economic activities
- 30. sum of people's skills and abilities
- 31. people with all their abilities and efforts
- 32. tool or equipment manufactured
- 33. of labor division of work into a number of separate tasks
- 34. assignment of tasks to the worker's factories
- 36. good that lasts more than 3 years
- 37. competing needs and wants with the use of resouces
- 38. ability or capacity of a good service
Down
- 1. market economy in which privatelownedbusinesses
- 4. capable of being passed from one person to another
- 5. monetary worth of a good or service
- 7. gradual collection of goods
- 8. comparison of the cost of an action
- 9. quality of life
- 11. productive resources needed to produce goods
- 14. measure of the amount of output
- 15. monetary value of all final goods
- 22. Combination of scarce resources
- 23. item that does not last more than 3 years
- 24. Tangible economic product
- 25. good intended for final use
- 27. cost of the next best alternative use of money
- 28. growth increases a nation's total output of goods
- 35. tools equipment and factories