Across
- 2. A business that operates out of a physical facility (instead of online)
- 3. Intermediaries who help move goods between producers and retailers by buying goods from producers and selling them to retailers
- 5. Giving up all or a part of one thing in order to get something else
- 8. A type of producer that constructs roads, bridges, buildings, houses, etc.
- 9. Productive acts that are useful, scarce, and transferable and which satisfy economic wants
- 12. The organized way in which a country handles its economic decisions and solves its economic problems.
- 14. People who work to produce goods and services
- 16. People who use goods and services to satisfy their wants
- 17. physical objects that are useful, scarce, and transferable and which satisfy economic wants
- 19. A desire for something that can only be satisfied by spending money
- 21. Businesses that buy and sell goods to others; retailers and wholesalers
- 22. A type of producer that changes the shapes or forms of materials so that they will be useful to consumers
Down
- 1. An economic system in which the questions of what, how, and for whom goods will be produced are answered by individuals and businesses in the marketplace
- 4. The study of how to meet unlimited, competing wants with limited resources
- 6. Retailers who operate solely online
- 7. A desire for something that is not required
- 10. The duty of business to contribute to the well-being of society
- 11. the human and natural resources and capital goods used to produce good and services
- 13. A type of producer that changes the shapes or forms of materials so that they will be useful to consumers
- 15. A command economic system in which the government controls the economic system and does not allow private ownership of the means of production and distribution.
- 18. A type of business that performs intangible activities that satisfy the needs and wants of consumers or industrial users
- 20. Something required or essential that is lacking