Across
- 2. ....are man-made resources that can be used for the production of goods and services.
- 5. ....are things that you would liketo have, but these are not necessary for survival.
- 8. Natural resources are used as ...... for the production of goods and services.
- 12. .... is the selection between two or more commodities.
- 13. ... reward for Capital
- 14. ..... must be satisfied before wants.
- 15. .....is the study of resources, its utilisation and how decisions are made by individuals and organisations in an eff ort to satisfy unlimited wants with limited resources.
Down
- 1. ....refer to an economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit.
- 3. are limited in supply and are interconnected.
- 4. resources are those which take a long period of time to get replaced or cannot be replaced once used.
- 6. There are .... types of resources.
- 7. ... are the inputs that are required to create outputs which are products and services.
- 9. The goods and services available for the production of valuable consumer products are also referred to as...
- 10. .....is the use of goods and services to satisfy human wants.
- 11. are resources those which can be replaced in a reasonable time.
- 16. are basic requirements or necessities of life.
- 17. ...is any place where the sellers of a particular goods or services can meet with the buyers of that goods and services.
