Across
- 3. work that is performed for someone.
- 5. it includes natural resources such as timber, oil, coal, iron, soil and water as well as the ground in which these resources are found.
- 6. is the study of the entire behavior of the economy
- 7. refers to the utilization of goods and services by any individual to satisfy human wants.
- 10. a scientific study, which deals with how individuals and society generally make choices.
- 12. deals with the allocation of the social or national income among the different factors of production
- 13. simply the desires of citizens
- 15. refers to any property and assets of a person that have a useful value
Down
- 1. is the use of inputs to produce outputs.
- 2. is the study of economics which deals with the behavior and activities of individuals in specific units
- 4. the process of trading goods and services for money
- 8. the work and time for which employees are paid.
- 9. tangible commodity. These are bought, sold, traded and produced.
- 11. man-made goods used to produce other goods or services.
- 14. these are basic requirements for survival