Economics Crossword Puzzle

1. Rewards that encourage positive behaviors that make people better off.
3. The value/benefit of the best alternative you must pass up.
4. The act of buyers and sellers freely and willingly engaging in economic/market transactions.
8. Used to pay for goods and services
9. A person who decides how to combine resources to create goods and services.
11. A market-based economic system in which the government is involved to some extent.
13. The effort people devote to tasks for which they are paid.
15. Options that must be given up when one is chosen rather than another.
16. An economic system in which decisions on the three key economic questions are based on supply and demand and the voluntary exchange between buyers and sellers in markets.
18. The principle that limited amounts of goods and services are available to meet unlimited wants.
20. The knowledge and skills a worker gains through education and experience.
21. The human-made objects used to create other goods and services.
22. The physical objects that someone produces.
23. The method used by a country/society to produce and distribute goods and services.

2. Penalties that are intended to discourage behaviors that make people worse off.
5. The actions or activities that one person performs for another.
6. An item that people can use to transfer purchasing power from the present to the future.
7. All natural resources used to produce goods and services.
10. Something essential for survival.
12. An economic system in which the government makes all decisions on the three key economic questions.
14. Something that people desire, but that is not necessary for survival.
17. The study of how people seek to satisfy their needs and wants by making choices.
19. Used to compare goods and services in terms of money.