Across
- 4. Social movement that was aimed at promoting
- 8. Basic requirements for survival
- 9. Interdependence Mutual dependence of economic activities
- 11. of Labor Division of work into a number separate tasks
- 15. good Good intended for final use
- 17. Fundamental econ problem
- 18. Market Market in which goods and services are bought and sold
- 19. Tools, equipment, and factories
- 22. goods Item that wears out fewer than 3 years
- 23. Natural resources
- 25. Markets Markets in which productive resources are bought and sold
- 26. good Good that lasts for 3 years
- 27. possibility curve Diagram represents all possible combos
- 29. Work or labor performed for someone
- 31. Social science deals with satisfying seemingly
- 32. Something you like to have but don't need
- 33. Meeting place or mechanism through which buyers and sellers of economic product conme together
Down
- 1. ModelSimplified version of a complex concept or behavior
- 2. Enterprise Economy Market economy in which privatly owned businesses have the freedom to operate
- 3. Domestic Product Monetary value of all final goods
- 5. Ability or capacity of a good or service to be useful
- 6. Assignment of tasks to the workers
- 7. Measure the amount of output produced
- 10. Analysis Comparison of the cost of an action to its benefits
- 12. Cost Cost of the next best alternative
- 13. goods Tools, equipment, or other manufactured goods
- 14. Tangible economic product that is useful
- 16. Risk-taking individual
- 17. Living Quality of life based on ownership
- 20. People with all their abilities and efforts
- 21. Alternative that must be given up
- 24. Growth Increase in a nations total output of goods
- 25. of Production Productive resources needed to produce goods
- 27. of Value Apparent contradiction between the high value of nonessential items
- 28. Monetary worth of a good
- 30. Caital Sum of peoples skills
- 32. Sum of tangible economic goods