Across
- 3. Human effort used to produce something
- 4. When a producer controls all of the production of a good or service
- 7. Money given by citizens to government to provide for their needs/wants
- 8. Working together for the interests of all
- 9. Control of decision making by individuals and business
- 10. How much people want a product or resource
- 11. Man made things or tools used in production
- 12. Anytime you give up one thing to get something else
- 13. Total money owed
- 14. Rule by the people
- 17. The person using or buying a product
- 19. An item produced from nature used to satisfy a want
Down
- 1. Land, Labour and Capital
- 2. How much of a product or resource there is available for use
- 5. A narrow and often extreme view of an ideal or type of person
- 6. The way a society chooses to manage decisions of production, distribution, and consumption
- 15. The study of how people choose to allocate resources to satisfy their wants
- 16. Anything used to satisfy human wants or needs
- 18. When supply is equal to demand
- 20. Natural resources used for production