Across
- 2. The finance, machinery and equipment needed for the manufacture of goods.
- 7. When the demand for a good or service is greater than the availability of the good or service.
- 8. All of the natural resources provided by nature and includes fields and forests, oil, gas, metals and other mineral resources.
- 9. Intangible items that cannot be felt, touched or seen, but are experienced by the consumer.
- 10. A good or service essential for living.
- 11. The skill and risk-taking ability of the person who brings the other resources or factors of production together to produce a good or service, for example, the owner of a business.
Down
- 1. When people and business concentrate on what they are best at.
- 3. It is a good or a service
- 4. A desire (something people would like to have) that is not necessary for living or survival.
- 5. Tangible items that can be felt, touched or seen.
- 6. The number of people available to make products.