Across
- 2. Goods which last for more than 3 years with constant use.
- 6. The study of how people try to satisfy unlimited needs/wants with limited resources.
- 7. Something you would like to have but that isn’t necessary.
- 11. People and their accumlulated efforts, abilities, and skills.
- 13. Goods which would last less than 3 years with constant use.
- 15. A market where factors of production are bought and sold.
- 16. Something that is required in order to live.
- 18. Measure of the amount of goods/services produced with a certain amount of resources over a certain amount of time.
- 19. Natural resources which aren’t manmade.
- 20. Alternative choices from economic decisions.
- 23. Work performed for someone else. (Haircut, surgery)
- 25. Monetary worth of something.
Down
- 1. When specific people perform tasks that they can do more effciently than the others.
- 3. A risk-taker who does something new in hopes of gaining a profit.
- 4. The cost of your next-best alternative.
- 5. A useful and tangible item which satisfies wants. (Books, movies)
- 8. A place where buyers and sellers can exchange products.
- 9. Constant condition which results from not having enough resources to satisfy people’s needs/wants.
- 10. Something(s) available as another option.
- 12. Accumulation of high value products.
- 14. The final dollar value of all goods, services, and structures within a year.
- 17. Someone who buys goods and services.
- 21. Capacity of something to be useful or satisfactory.
- 22. A market where goods and services are sold.
- 24. Tools equipment, and machinery used to produce goods and services.