Across
- 2. Cost of choosing one choice over another
- 7. Done for other people for a fee
- 10. Government leaders give the answers to the three basic questions
- 11. Items that people buy
- 12. A government in which the government owns all property
- 13. Where people come together to buy and sell
- 14. A contest between businesses or individuals to sell a product or service
Down
- 1. The amount of goods and services workers can produce in a given time
- 3. The basic problem of economics. Wants are greater than what is available
- 4. System in which individuals and private businesses own and control production
- 5. Something that is necessary for survival
- 6. When a person, country, or region works on making one part of an item
- 8. How people make decisions about how to use their scarce resources in the most efficient way
- 9. A thing that is not needed for survival