Across
- 3. gifts of nature
- 4. not having enough resources
- 6. basic requirement for survival
- 9. risk taker in search of profits
- 10. process of creating goods and services
- 11. tools, equipment, machinery and factories used in production
- 12. study of how people balance their wants and needs and scarce resources
Down
- 1. people who work, entrepreneurs
- 2. dollar value of all final goods and services during a 12 month period
- 5. way of expressing a need
- 7. resources required to produce the things, land, capital, labor, entrepreneurs
- 8. money used to buy equipment