Economics Unit 1

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Across
  1. 4. the human resources required in the production process
  2. 6. decision makers in the economy
  3. 7. man-made products used by a business to produce consumer other capital goods
  4. 10. goods bought fr consumption by the average consumer
  5. 11. things essential for survival
  6. 12. people's desire for goods and services
  7. 14. physical, tangible objects
  8. 15. manufacture resources that are required in the production process
  9. 16. extracting raw materials from the earth
Down
  1. 1. the skill a business person requires to combine and manage the other 3 factors of production successfully
  2. 2. the loss of other alternatives when one alternative is chosen.
  3. 3. natural resources require in the production process
  4. 5. title
  5. 8. all resources in an economy being used efficiently
  6. 9. intangible actions provided by another
  7. 13. limited resources