Vocabulary Test 1

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Across
  1. 1. physical objects such as clothes/shoes
  2. 4. the effort that people devote to a task
  3. 5. actions or activities that one person performs for another
  4. 8. study of how people seek to satisfy their needs/wants
  5. 9. something that is necessary for survival
  6. 11. limited quantities of resources
Down
  1. 2. situation in which a good is unavailable
  2. 3. natural resource
  3. 6. ambitious leader who creates and markets new goods/services
  4. 7. an item we desire but do not need
  5. 10. maximize the production of goods/services