Across
- 4. the dollar value of all final goods and services
- 6. the sum of skills and abilities of people
- 7. occurs when a nations total output of goods and services increases
- 8. condition that results from society not having enough resources to produce all the things people would like to have
- 9. people with all their efforts and skills put into the workplace
- 10. capacity to be useful
- 12. when a factor of production performs tasks so they can be more efficient then others
- 13. place to go to buy or sell goods
- 14. an economically useful item
- 15. an act done for someone else
- 16. "gifts of nature"
- 17. worth
Down
- 1. the study of how people try to satisfy unlimited wants with limited resources
- 2. risk taker
- 3. the things used in production of goods and services
- 5. the process of creating good and services
- 11. we rely on others and others rely on us to provide for eachother