Economics Vocabulary

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Across
  1. 4. What we gain from a choice
  2. 6. Next Best Thing
  3. 8. Model where government makes all decisions
  4. 10. What economics studies because of scarcity
Down
  1. 1. Model that is based on family and tradition
  2. 2. Choices made by countries
  3. 3. What we lose from a choice
  4. 5. Choices by individuals, homes, businesses
  5. 7. Why we have to make choices
  6. 9. Model that focuses on supply and demand