Economics Vocab

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Across
  1. 3. When there is not enough of something to satisfy how much everyone wants
  2. 5. A measure of how well people live
  3. 6. An item that can be traded for goods or services
  4. 8. The cost of the next best alternative among a person’s choices-the time, money or resources that are gibbon up to make the final choice
  5. 9. how much is available
  6. 10. Things you would like to have but you don’t need to survive
Down
  1. 1. A person who organizes and operates a business
  2. 2. how much and item costs
  3. 4. An economy system in which the government makes all economic decisions
  4. 7. The using up of goods or services