Economics Key Terms

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Across
  1. 4. Cost The value of the next best alternative that you give up when making a choice
  2. 5. People who buy and use goods and services
  3. 7. Things that are not essential but add comfort (video games clothes)
  4. 9. Actions that someone performs for another (teaching cleaning haircuts)
Down
  1. 1. People or businesses that make goods or provide services
  2. 2. Physical items that can be bought or sold (food clothing cars)
  3. 3. Something that motivates a person or business to act in a certain way (sales tax breaks)
  4. 6. A general rise in prices over time
  5. 8. Things essential for survival (food water shelter)
  6. 9. Limited resources because of drought or famine or high demand