Year 7 Economics

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Across
  1. 2. something we have to have to survive
  2. 5. two or more people or things depend/rely on each other
  3. 7. spending by consumers on goods and services
  4. 10. the amount a consumer is willing and able to buy at a particular price and time
  5. 11. something we can live without, a desire
  6. 12. items used in the production of goods and services
  7. 13. the amount a producer is willing and able to sell at a particular price and time.
  8. 14. a meeting together of people for the purpose of buying and selling goods and services
Down
  1. 1. A good produced overseas and sold in Australia.
  2. 3. make full use of and gain a benefit from (a resource
  3. 4. the real cost of the next best alternative sacrificed
  4. 6. an economy's limited resources are insufficient to satisfy all human wants and needs
  5. 8. a greater liking for one alternative over another or others
  6. 9. insufficient to satisfy the need or demand; not abundant