Across
- 1. Requirements for survival
- 3. What you got from scarcity
- 8. resources being used effiecently to produce goods and services
- 12. of living well-being of an individual or group
- 15. percent of people without a job that are looking for one
- 16. increase in general level of prices
- 17. collar Physical labor force that works with hands
- 18. not enough of something
- 20. Domestic Product total dollar value of all final goods and services
- 21. collar Mental labor force
- 22. Demand greater than supply
- 23. Amount of something that is available
Down
- 2. Amount of good or service that people are willing to buy
- 4. price point where supply and demand meet
- 5. risk takers
- 6. resources gifts of nature that makes production possible
- 7. Tangible products that we use to satisfy our wants and needs
- 9. Cost What you have to give up because of scarcity
- 10. resources Labor provided by man
- 11. Advantage the ability of a country to produce a good at a lower oppotunity cost than another country can
- 13. Things we would like to have but don't need
- 14. Price Index Measure of the change in price
- 19. goods Previously manufacted goods used to make other goods and services
- 22. Supply is greater than demand