Across
- 1. A person that buys goods and services for personal use (aka you)
- 4. The resources needed to produce goods and services
- 7. The alternative people give up when they make choices
- 9. Someone who combines land labor and capital to produce goods
- 10. Something necessary to remain alive
- 13. Economy in which you work the same job as your parents (EX. Amish)
- 15. An economy known as centrally planned (another name)
- 16. Getting a haircut is
Down
- 2. The value of something that is given up (scarified) to get something else that is wanted.
- 3. Capital resource a good is made in (put together in)
- 5. When a good temporarily runs out
- 6. Water is an example of
- 8. U.S. Economy
- 11. Something not needed for survival
- 12. Donuts are a
- 14. Natural resource that a car uses