Across
- 3. an economic sense, is the accumulation of those products that are tangible, scarce, and useful
- 4. occurs when a nation's total output of goods and services increases overtime
- 5. The first type of economic product is
- 6. Who uses goods and services to satisfy wants and needs
- 7. For something to have value, it must also have
- 9. a location or other mechanism that allows buyers and sellers to exchange certain economic products
- 13. markets where producers sell their good and services to comsumers
- 14. the sum of skills, abilities, health, and motivation of people
Down
- 1. the markets where productive resources are bought and sold
- 2. that we rely on others, and others rely on us, to provide the goods and services that we consume
- 8. worth that can be expressed in dollars and cents
- 10. takes place when work is arranged so that individual workers do fewer tasks than before
- 11. Economic product or work that is performed for someone.
- 12. which measures the amount of output produced