Across
- 3. too,equipment or other manufacture good used to produce other goods
- 5. monetary wroth of a good
- 6. something that we would like to have but is not necessary for survival.
- 7. capable of being passed from one person to another
- 12. Social science dealing with how people satisfy seemingly unlimited and competing needs and wants with the careful use of scarce resources.
- 13. work or labor performed for someone
- 15. good intended for final use
Down
- 1. item that wears out, is used up or last for fewer than three years when used requraly.
- 2. apparent contradiction between he high value of a nonessential item
- 4. Good that last for at least three years when used regularly
- 8. gradual collection of goods
- 9. ability or capacity of a good
- 10. Fundamental economic problem facing all societies resulting from a combination of scarce resources and people virtually unlimited needs and wants.
- 11. basic requirement For survival, including food,water,clothing,and shelter.
- 14. sum of tangible economic goods that are scarce,useful, and transferable