Intro into economics

1. all natural resources used to produce goods and services
7. A person who purchases goods and services for personal use
9. land, labor, capital, entrepreneurship. Resources people use to produce goods and services
12. The amount of goods available
14. The study of how people seek to satisfy their needs and wants by making choices
16. Items purchased to satisfy needs and wants
18. the machinery, tools and buildings humans use to produce goods and services
19. Limited quantities of resources to meet unlimited wants

2. things that are required in order to live
3. economy market-based economic system with limited government involvement
4. Limited or hard to find
5. Actions or activities that one person performs for another
6. Consumer willingness and ability to buy products
8. market economy a system in which prices are not controlled by the government and competition is extreme.
10. Economy An economy in which production is based on customs and traditions and economic roles are typically passed down from one generation to the next.
11. things that add comfort and pleasure to your life
13. the effort that people contribute to the production of goods and services.
15. economy An economic system in which the government controls a country's economy.
17. A person who organizes, manages, and takes on the risks of a business.