Economics Lingo

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Across
  1. 6. Having more food or resources than necessary, which can be traded
  2. 8. When people's basic needs and wants are satisfied by their own hunting, gathering and ability to make things for themselves is a ... economy
  3. 9. When economic activities are determined by both market forces and planning. A .... economy
  4. 10. When distribution, quantities and prices are determined by the supply and demand of market forces. A .... economy
  5. 12. The public's desire to purchase certain goods at certain prices
Down
  1. 1. Natural resources that can be replaced over a short period of time are ... resources. e.g. trees, animals, solar and wind power
  2. 2. Goods or services that are essential for life
  3. 3. Goods and services that are not essential to life
  4. 4. Exchanging goods or services for other goods or services
  5. 5. The amount of goods available
  6. 6. Having people do what they do best
  7. 7. When economic activity is managed by a central authority. A .... economy
  8. 11. People's efforts, skills and knowledge provided in exchange for some reward