WSH-Chap 10.1 - Making Economic Choices

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Across
  1. 5. (244)This is a person who has a business idea as well as the capital start a business.
  2. 9. (244)This is the money, tools, machines, and other products needed to make goods and services.
  3. 10. (243)This is used to describe the trade-offs a person makes when making a decision. ___ costs.
  4. 12. (242)This is the study of how individuals, businesses, government and society make choices.
  5. 14. (246) The 'I' in FDIC.
  6. 15. (244)Services are needed from people who have __ and training.
Down
  1. 1. (243)This is also known as a free market system.
  2. 2. (246) One of the ways people pay for things.
  3. 3. (242) The work of individuals needed to produce goods and services.
  4. 4. (245)This has to do with the willingness and ability of people to buy the goods and services available.
  5. 6. (242)This measures the value of all the goods and services produced by a country in a year. Gross __ product.
  6. 7. (243) __ must always balance their wants with their needs.
  7. 8. (245)This refers to the amount of goods and services that people produce.
  8. 11. (244)This is the money left over after a company has paid all its expenses.
  9. 13. (247) When credit card companies or banks loan money, they charge ___.