Chapter 2 Economics

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Across
  1. 3. you, we, they, us rely on one another to provide the goods and services we consume.
  2. 6. organizing work so that a person can perform and complete a specific task more efficiently
  3. 7. is improving one's skills,knowledge and abilities which can have a substantial payoff for individuals.
  4. 9. it is manufactured goods that produces other goods for example a machinery, factories, tools.
  5. 11. resources businesses use to make, buy, sell products and it is how individuals earn their income.
  6. 12. total output of goods and services increase over time
  7. 14. this allows people to buy and sell specific products
  8. 15. a good that lasts more than 3 years or more when it is used regularly during the days.
Down
  1. 1. a measure of the amount a good and services is produced according to a specific time and resources
  2. 2. refers to an individual that indulges in the goods and services to satisfy ones wants and needs.
  3. 4. the worth of something expressed in money.
  4. 5. all food has an expiration date therefore makes it what type of good
  5. 8. usefullness or pleasure a consumer can get from a good or service
  6. 10. it is not tangible it cant be touched but it is performed by a lot of employees.
  7. 13. useful item such as a computer, necklace, sweater that pleases our wants.