Across
- 9. Consumer choices determine how industries and financial markets operate. (2 words)
- 10. things that are necessary for survival
- 11. This question is really concerned with how the goods and services are allocated or distributed to society. (4 words)
- 13. things that satisfy our wants through the efforts of other people or by equipment
- 15. Based on culture and rituals (2 words)
- 16. all of the materials that come from the earth, the water, or the air (2 words)
Down
- 1. Relies on government to make all economic decisions. (2 words)
- 2. the tools, equipment and buildings that are used to produce, goods and services (2 words)
- 3. the people who work to produce goods and services (2 words)
- 4. Scarcity (3 words)
- 5. Limited government involvement while also applying free market concepts. (2 words)
- 6. things you can see and touch
- 7. This question asks what combination of scarce resources will we use to produce those goods and services that we have decided to produce. (3 words)
- 8. things not necessary for survival but which add comfort and pleasure to your life
- 12. The conflict between unlimited wants and limited resources.
- 14. This question is concerned with how we allocate our scarce resources. (3 words)