Across
- 1. having limited resources to meet all the needs and wants
- 7. one of four factors of production soil
- 8. you can only use it once it will not last forever
- 11. the way participants in an economy rely on each other for goods and services they cannot produce
- 12. time and labour given without payment in return
- 14. machinery, tools and building used to produce goods and services
- 16. The person who buys goods and services
- 18. the value of the best alternative given up when making a choice for something else
- 20. something you would like to have
- 21. The exchange of goods and services amongst buyers and sellers
Down
- 2. work type that is often irregular hours
- 3. type of work that is ongoing and more than 35 hours per week
- 4. A focus on the production of a particular good or service
- 5. money earnt from working in the form of a wage
- 6. combines all factors of production together
- 9. something you need to survive
- 10. The way we distribute the scarce resources
- 13. the study of how society uses resources for needs and wants
- 15. a job type that is ongoing but less that 35 hours per week
- 17. The people or organisations that supply goods and services
- 19. factor of production representing workers effort