Across
- 3. Anything that can be used or has the potential to be used to satisfy our needs or wants.
- 4. Things that people would like to have but can live without.
- 5. These are natural resources, e.g forests, soil, water, minerals (to be mined), which are used to produce goods and services.
- 7. This occurs because people have unlimited wants but there is limited resources to provide for them. ------- often increases the value of a resources.
- 8. This is when resources make something people can physically buy and receive. ----- are things like books, laptops, jewelry, foods and skin products.
- 9. Equipment such as technology, machinery and infrastructure used in the production of goods and services.
- 10. -------- are something we receive for our money and is great assistance to us however we don’t receive anything physically. Examples are education, doctors, dental care ect.
Down
- 1. This is opportunities forgone because consumers are faced with unlimited choice but limited time or money.
- 2. Things that we cannot live without.
- 6. The use of human work and skill in the production of goods and services.