Chapter 2 Vocab - Abby

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Across
  1. 2. economic decisions are made in the marketplace.
  2. 5. A.K.A socialism.
  3. 6. There are four ______ of production.
  4. 8. amount of money given in exchange for goods/services.
  5. 9. the things used to produce goods/services.
  6. 12. quantity of goods/services consumers want to buy.
  7. 13. ________ include lumber, oil, & stone.
  8. 14. Lack of resources.
  9. 15. people who make the goods/services for which they are paid.
Down
  1. 1. Individual who creates a business.
  2. 3. study of individuals striving to satisfy wants/needs.
  3. 4. work done by employees.
  4. 7. amount of goods/services producers will provide.
  5. 10. referring to a synonym of 'people'
  6. 11. central authority makes key economic decisions.