Across
- 4. the process of concentrating on and becoming expert in a particular subject or skill.
- 6. the state of being scarce or in short supply; shortage.
- 7. is a person or a group of people living in the same residence.
- 11. a useful or valuable thing, person, or quality.
- 12. an amount of something left over when requirements have been met; an excess of production or supply over demand.
- 13. wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
- 15. the resource that encompasses the natural resources used in production
- 16. the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- 18. a person who supports or believes in the principles of communism.
- 20. the activity or condition of competing.
- 21. a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another
Down
- 1. a situation in which nothing can be improved without something else being hurt.
- 2. is 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. a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
- 5. to utilize less than fully or below the potential use.
- 8. work, especially hard physical work
- 9. the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved
- 10. for-profit business, usually formed as a partnership that provides professional services, such as legal or accounting services
- 14. something, typically money, that is owed or due.
- 17. require the payment of (a specified sum of money) before it can be acquired or done.
- 19. are items that satisfy human wants and provide utility