Across
- 2. an item that is economically useful
- 3. natural resources not created but used by humans
- 7. the final value of all items being sold
- 9. includes machinery used in the production of goods and services
- 14. to work
- 15. a measure of the amount of output produced by a given amount of inputs in a specific period of time
- 16. capital the sum of the skills abilities health and motivation of people
- 17. work that is performed for someone
Down
- 1. an article or substance that is manufactured or refined for sale
- 4. a basic requirement for survival
- 5. what must something have to have value
- 6. of production, they play a role in land, capital, labor, and entrepreneurship
- 8. the contradiction between high and low values of essentials
- 10. peoples reliance on each other to provide goods and services
- 11. the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- 12. lack of products in high demand
- 13. a location where buyers and sellers exchange economic products