Economics 101

1. tangible items that people make
3. not enough of something
5. the study of how individuals, businesses, and countries make things and use things, and earn, spend and save money.
7. Resources and materials found in nature
9. those who MAKE goods and services
10. Resources that are created by people to help them produce other things
13. not enough of something
14. People (humans) that make up a workforce

2. the best alternative that was not chosen
3. concentrating on producing whatever they make best
4. too much of something
6. goods and services that manufacturers and merchants make or provide
8. actions that people perform for others
11. those who BUY goods and services
12. how much of a good or service consumers are willing to buy at a particular price.