Important Terms In Economics

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Across
  1. 2. Human mental and physical effort used in producing goods and services
  2. 6. Land, labor, capital, or entrepreneurship is a...
  3. 7. Making the maximum with what you have
  4. 8. the social science of managing resources in a country
  5. 9. A good given by nature
Down
  1. 1. Maximizing the potential of the resources
  2. 2. A place we need in order to build a business
  3. 3. Educated and trained workers
  4. 4. This occurs when resources are limited whereas needs and wants are unlimited, so there are not enough resources
  5. 5. A good that you produce