Economics Crossword

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Across
  1. 4. The physical or financial resources used to produce value in an economy
  2. 8. Physical work is, an important part of the factors of production
  3. 10. Ways to compare and contrast the costs and benefits of a product or service
  4. 11. What you lose by choosing something else over it
  5. 12. An organisational unit producing goods and services
  6. 15. Wants, and most needs are unlimited, it is how to satisfy unlimited wants and needs with limited resource
  7. 16. The inputs needed for creating a good or service, which includes land, labour, enterprise, and capital.
  8. 18. People always want something more, there is always another product they want to have
  9. 19. Money paid, for a product or service to satisfy a want or need
  10. 20. The ability to initiate the production
  11. 21. Data is used to gauge the health and growth trends of a nation's economy, or of a specific industry sector.
  12. 22. Same as opportunity cost
  13. 23. A naturally occurring resource, one of the factors of production
  14. 24. mixture of public and private enterprises with some intervention from the gov
Down
  1. 1. Education, training, and quality of equipment with which the labour will use
  2. 2. The total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period.
  3. 3. Goods and services that can be substituted
  4. 5. Where a customer gives up one thing for another
  5. 6. A limited number of something
  6. 7. Age, size, gender, and hours worked
  7. 9. Wants A product that increases in appeal when the popularity of its compliment increases
  8. 13. When there is not enough of something
  9. 14. Wants that are never satisfied and keep recurring
  10. 17. An economic system that combines private and state enterprises.